Hinkley Point nuclear plant gets green light after revised EDF deal - News Summed Up

Hinkley Point nuclear plant gets green light after revised EDF deal


Hinkley Point B near Bridgwater in Somerset will eventually have a new neighbour now the £18bn project has been approved Getty ImagesThe building of the Hinkley Point C nuclear reactor in Somerset will go ahead following a “revised agreement” with EDF, the government has confirmed. Theresa May gave the £18 billion project the green light despite having placed it under review when she gained office in July. The controversial scheme was unexpectedly paused amid concerns over the high cost to consumers and security fears over the involvement of China, which has pledged £6 billion of investment. The prime minister confirmed today that EDF has agreed to pay for two thirds of the project, with China paying one third. A government statement…


Source: The Times September 15, 2016 08:03 UTC



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