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Hinkley Point: ministers sign go-ahead for nuclear power plant


Representatives of British, Chinese and French governments attend ceremony giving final authorisation for power station

Hinkley Point

The UK has signed its £18bn contract with France and China to build the Hinkley Point C nuclear power station, giving the final go-ahead for construction at the site in Somerset.

The deal was finalised at a low-key ceremony in London. EDF, the French nuclear contractor, and its Chinese partners had to cancel their previous plans for a signing ceremony at the last minute when the review was announced in July.

EDF and its Chinese partners finally got approval this month, after Greg Clark, the business secretary, announced there would be some new restrictions on future investments in critical infrastructure if there were national security concerns.

Hinkley Point C developers face £7.2bn cleanup bill at the end of the nuclear plant's life.

Reference: The Guardian >>

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Posted: 30/09/2016

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