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France’s EDF faces fresh setback after losing Czech nuclear bid

French state power giant EDF lost a bid to build at least two new nuclear
reactors in the Czech Republic on Wednesday, a major blow to Europe’s only
nuclear power plant builder at a critical time for the company. The
project, won instead by Korea’s KHNP, would have been the first contract
for EDF since Hinkley Point in Great Britain in 2016, and a vote of
confidence after being dogged by delays and soaring costs on projects at
home and abroad.

Reuters 17th July 2024

https://www.reuters.com/business/energy/frances-edf-faces-fresh-setback-after-losing-czech-nuclear-bid-2024-07-17/

July 20, 2024 - Posted by Christina Macpherson | business and costs, France

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