A final investment decision on the UK’s first nuclear plant in a generation could be made within days with the project’s construction chief revealing that work could begin within weeks. Speaking exclusively to Construction News, Hinkley Point C’s construction site director Nigel Cann said he was “expecting in the next few weeks” both the final investment decision and, subsequently, the start of pre-construction work. Mr Cann said: “Very openly, we are planning to start when FID is announced, that is a planning assumption, no more than that.” The investment decision could be made as early as this week, with reports citing EDF’s board meeting on Wednesday (27 January) as a key date. While Mr Cann would not reveal a date for the final investment decision, he said his team would be able to start construction ”as soon as they [EDF board] were ready.” The news will put contractors set to work on the £18bn job on high alert, but Mr Cann warned that any further delays to the investment decision could also see construction work put back. He said: “If they decided not to make a decision at the end of this month then, clearly, we would have to come up with another plan.”
Construction News 25th Jan 2016 read more »
EDF Energy, the UK subsidiary of French utility EDF, said last week its new nuclear power plant, Hinkley Point C (HPC), is a “big opportunity” for the decaying UK steel industry, Kallanish Energy reports. The construction of the 3.2-gigawatt (GW) plant in Somerset, southwest England, could boost the nation’s steel, construction and manufacturing sectors, with some £250 million ($356.81 million) in contracts already secured by domestic manufacturers, EDF Energy said. Amid an ongoing crisis, largely due to cheaper Chinese imports, the UK’s troubled steel industry has announced roughly 6,000 job cuts, and some plant closures.
Kallanish Energy 25th Jan 2016 read more »