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...French nuclear operator EDF has booked a €12.9bn impairment on its delayed Hinkley Point C reactor project in Britain as it negotiates with the UK government over the long-term financing for its planned...
...The continuing travails of the Hinkley Point C project suggests delays of a further three years to 2030, and costs above £30bn, as your reporting and that by other publications indicates (“Powering ahead...
...Hinkley Point C alone is supposed to supply power for some 6mn homes....
...When in 2016 France’s EDF signed up to build Britain’s first new nuclear power plant in two decades, defenders of the costly Hinkley Point C project included Emmanuel Macron, then economy minister....
...The only other proposed large UK nuclear power station will be a near copy of Hinkley Point C at Sizewell in Suffolk....
...The French government is pushing British ministers to provide loan guarantees for Hinkley Point C to try to ease EDF’s financing costs on Britain’s new flagship nuclear power station as its price tag has...
...In the UK, a government official played down the talks, adding that on Hinkley Point “costs will be the responsibility of EDF”....
...Under EDF’s latest scenario, one of the two planned reactors at Hinkley Point C could be ready in 2029, a two-year hold-up compared with the company’s previous estimate of 2027....
...The construction and technology risk was taken by EDF — and by extension by the French state — because they believed that Hinkley Point would unlock a big new global market for French nuclear reactors: their...
...Labour’s target was “incredibly challenging” even before the latest delay to Hinkley Point he said. “This makes it even more challenging....
...Bowie said the Covid pandemic and Brexit were in part to blame for the delays at Hinkley Point....
...The £32.7bn bill for Hinkley Point C in Somerset is being recalculated....
...EDF, which declined to comment, has been pressing the British government to help it fund cost overruns on Hinkley Point C....
...For example, the UK government is seeking backing for EDF’s next large-scale reactor in the UK, Sizewell C in Suffolk, but the spectre of cost blowouts at Hinkley Point C looms large....
...France’s state-run utility has announced yet another painful increase in the cost and delivery date of its Hinkley Point C nuclear power plant in England....
...The government needs to use every means at its disposal to bring into service Hinkley Point C, Sizewell C, the large-scale reactors at Wylfa in north Wales, and its small modular reactor programme...
...Projects across the globe have been fraught with delays and budget overruns, with the Financial Times revealing last week that France is pressing the UK to help fill budget shortfalls at the Hinkley Point...
...Sizewell C is meant to be the second next-generation nuclear power plant to be developed in the UK after Hinkley Point C, which EDF is building in Somerset....
...That beats the UK’s first large nuclear plant in a generation, Hinkley Point C, guaranteed a price of £92.50/MWh in 2012 money. Nuclear power fans need patience....
...Among the nuclear projects hit by delays is the UK’s Hinkley Point C, a twin reactor project built by French company EDF that has been delayed until 2029 at the earliest, four years later than planned....
...Despite grandiose talk of a new generation of nuclear reactors, only one project is under construction — Hinkley Point C — and it is running billions of pounds over budget and several years late....
...On Tuesday, France’s state-owned nuclear developer EDF announced further delays to the Hinkley Point C nuclear power plant it is building in Somerset, England....
...Top stories today Nuclear plant hit by multiyear delay | Britain’s flagship Hinkley Point C nuclear plant has been delayed until 2029 at the earliest, with the cost spiralling to as much as £46bn, in the...
...One new nuclear power station, the 3.2GW Hinkley Point C plant in Somerset, is currently under construction but has been hit by delays and cost overruns....
...The warning on Hinkley Point C came as the state-controlled group reported a record €18bn loss after a series of outages at its French reactors hurt its output....
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