frances edf stands by uk nuclear plant timetable
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

France's EDF stands by UK nuclear plant timetable

Arab Today, arab today

Arab Today, arab 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.

 

arabstoday
arabstoday

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

 



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 16:42 2014 Monday ,14 April

About The Kite Runner

GMT 12:49 2017 Wednesday ,20 September

Trump describes Iran deal as the worst in American history

GMT 01:14 2017 Sunday ,24 December

Oman opens sprawling oryx reserve to ecotourists

GMT 20:16 2017 Friday ,27 October

Ex-HSBC executive can face US extradition: UK court

GMT 10:59 2016 Wednesday ,23 November

FBI clears Brad Pitt over abuse claim after a probe

GMT 19:07 2017 Saturday ,14 October

Syria demands 'immediate' withdrawal of Turkey troops

GMT 04:32 2017 Tuesday ,24 October

Routine win keeps Real Madrid pressure on Barcelona

GMT 15:09 2017 Sunday ,29 October

VPN law latest step in Kremlin online crackdown

GMT 16:05 2017 Tuesday ,03 October

Lebanon band denounces Egypt anti-gay 'witch-hunt'

GMT 14:39 2017 Sunday ,17 December

Saudi women will also be allowed

GMT 00:42 2017 Wednesday ,12 July

S. Korea, US envoys to meet on N. Korea in Vienna

GMT 23:20 2017 Saturday ,18 March

Trump leaves Merkel baffled after first meeting

GMT 01:44 2017 Friday ,07 April

UAE pledges Dh250m for Syrian people

GMT 04:18 2016 Thursday ,30 June

Bullish on French economy
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday