frances edf stands by uk nuclear plant timetable
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

France's EDF stands by UK nuclear plant timetable

Egypt Today, egypt today

Egypt Today, egypt today France's EDF stands by UK nuclear plant timetable

Hinkley Point, which EDF will build in partnership with CGN
Paris - AFP

French power company EDF said on Wednesday that it is not planning any delay in the construction of the controversial Hinkley Point nuclear plant which is to go onstream in 2025.

The Financial Times, citing an internal white paper, said that engineers at the utility had called for at least a two-year delay in the project and recommended a redesign of the reactor technology.

Hinkley Point, which EDF is set to build in partnership with China General Nuclear Power Corporation (CGN), will be Britain's first nuclear power plant in decades and is to provide seven percent of its energy needs by 2025.

With a projected cost of £18 billion (23.2 billion euros, $25.5 billion) it will also be one of the world's most expensive nuclear power plants.

EDF said in a statement that "unfounded rumours and fanciful information" had been published concerning Hinkley Point in recent days.

"EDF denies these rumours, confirms that the date for the first reactor going online is fixed for the end of 2025 and that no delay is being envisaged," it said.

It said "this anonymous press campaign" was hurting EDF's interests and those of its subsidiaries and staff.

Questions have been raised about the financial viability of the project as EDF, 84-percent owned by the French state, is struggling with a debt pile of more than 37 billion euros.

EDF has reportedly asked the government to help it finance the contested plan to build Hinkley Point, and French Economy Minister Emmanuel Macron said this month that the French government was willing to inject fresh capital into the energy giant if necessary.

He subsequently said that EDF would take a final investment decision on the plant by early May.

Also this month, EDF's finance chief resigned, with a source close to the project saying he stepped down over a disagreement about Hinkley Point.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

frances edf stands by uk nuclear plant timetable frances edf stands by uk nuclear plant timetable



GMT 12:22 2017 Monday ,25 December

KSRelief has implemented 257 projects, 166 for Yemen

GMT 14:52 2016 Monday ,01 August

February 18 - March 19

GMT 09:56 2017 Monday ,28 August

Vatican expresses solidarity with Muslim minority

GMT 07:16 2017 Wednesday ,20 December

Saudi ACWA Power Starts Operating Wind Field

GMT 07:58 2014 Wednesday ,24 December

The world is not Sony

GMT 11:27 2012 Saturday ,01 September

Pots inspired by clothing

GMT 08:30 2013 Monday ,25 March

Maliki to release 8 Tunisians being held in Iraq

GMT 04:43 2013 Friday ,15 March

Many home aides make less than $7.25/hr

GMT 08:54 2017 Saturday ,10 June

Actress saher Al Sayegh received positive
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday