EDF expects to miss its own deadline for deciding whether to build Britain’s first new nuclear plant in a generation, the Telegraph can disclose.
The French energy giant announced in October that it planned to take a final investment decision on the £16bn Hinkley Point C plant by July, after striking a landmark subsidy deal with government.
But it now believes that an ongoing European Commission investigation into whether the subsidies are illegal state aid will not be fully resolved until autumn, forcing its decision on the Somerset plant back until then.
The delay could threaten EDF’s plans to deliver first power from the plant in 2023 – a timescale it had said was “subject to a final investment decision by July 2014”.
Is nuclear fission going to make a comeback and plug the gap in our energy needs? Will nuclear fusion ever become energetically viable?
Moderator: Peak Moderation
http://www.telegraph.co.uk/finance/news ... gs-on.html
It will be interesting to see which way that goes. Care to place any bets?RenewableCandy wrote:http://www.telegraph.co.uk/finance/news ... gs-on.htmlBut it now believes that an ongoing European Commission investigation into whether the subsidies are illegal state aid will not be fully resolved until autumn
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker