The British government has run into a major new problem with the Hinkley Point C nuclear project, with a United Nations committee ruling that the UK failed to consult European countries properly over potential environmental risks. Documents seen by the Guardian show Britain “is in non-compliance with its obligations” (page 21) to discuss the possible impact of any accident or other event that could affect those nations in proximity to Hinkley. This is just the latest in a string of problems connected with the planned £18bn project to construct new reactors in Somerset, with the developer EDF of France recently delaying a final in vestment decision until September. Paul Dorfman, a senior researcher at UCL’s energy institute, said the ruling from the UN Economic and Social Council throws great uncertainty over Hinkley.
Guardian 8th May 2016 read more »
The Hinkley Point C new nuclear project is set to go ahead, despite the “mischief making” comments of opponents, according to the Nuclear Industry Association (NIA) chief executive Tom Greatrex. Despite the rumours surrounding the £18 billion project, Greatrex is confident it will proceed because of the time, effort and money the French energy giant has already invested.
Utility Week 6th May 2016 read more »
The new Hinkley nuclear power station will be the most expensive object on Earth, according to an environment charity. The charity Greenpeace claims the Point C plant will cost up to £24 billion – £6 billion more than the initial estimate from EDF.
Bristol Post 8th May 2016 read more »
Metro 9th May 2016 read more »
Mirror 9th May 2016 read more »
Plymouth Herald 8th May 2016 read more »
EDF Energy’s shareholders will question the company’s management over plans for the Hinkley Point C nuclear plant this week. EDF will host a combined shareholders’ meeting on Wednesday where chief executive Jean-Bernard Levy is expected to make a statement on the plant and take questions from investors. The final investment decision on the £18bn project to construct new reactors in Bridgwater, Somerset has been pushed back until September, casting doubt over whether the plans will go ahead. EDF, which is 85 per cent French state-owned, has yet to outline how it will fund the project.
City AM 8th May 2016 read more »
A Chinese state-backed nuclear energy firm is considering taking a stake in the Hinkley Point C nuclear power station, one of its officials has said. The Chinese National Nuclear Corporation (CNNC), along with another Chinese company CGN, had previously been in talks with EDF over investing in the scheme, but only CGN signed a deal. Now a CNNC official has told The Sunday Telegraph that CNNC’s involvement is also in the offing and CGN had held talks on their behalf.
Energy Voice 8th May 2016 read more »
THE ongoing saga of EDF and its £18 billion Government contract to build a new, next generation nuclear power plant at Hinkley Point C is like a bad relationship, one where both parties know they need to end things, but neither has the courage to move first. For EDF, its own shareholders may provide it with a much needed wake-up call on Thursday, at its annual general meeting. The AGM promises to be a stormy affair, as the firm is in a state of civil war over Hinkley Point. Although EDF’s chairman, chief executive and majority shareholder, the French government, want the deal to proceed, a number of its directors are opposed to Hinkley Point, as are its employees. The split is so bad that in March, finance director Thomas Piquemal quit EDF in protest and warned that building Hinkley Point would threaten the heavily indebted firm’s finances. For the Government, the list of reasons why it should abandon the deal is growing. It is bad for consumers and businesses as EDF has been promised a rate of £92.50 per megawatt hour of electricity, three times the current market rate, for 35 years. Now on top of that, we have growing safety fears. Last week it emerged that engineers at the factory that will produce components for Hinkley Point falsified the results of safety tests, raising questions about the safety of existing reactors in the UK and France. On top of that, the French nuclear safety regulator is looking at whether the proposed reactor design at Hinkley Point is even safe, after weak spots were found in the steel of a similar one EDF built in Normandy.
Express 8th May 2016 read more »