EDF

French utility EDF is facing a €100m m bill for upgrading its nuclear power stations. The report by Cour des Comptes comes at a bad times as the company tries to raise £18bn to fund Hinkley. This is well above the €55bn previous estimate. The audit office also said the law passed last year to reduce the share of nuclear from 75 to 50% could lead to the closure of 17 to 20 reactors.

FT 10th Feb 2016 read more »