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Energy giant EDF sees profits rise

2013-02-14 13:09:42| BBC News | Business | UK Edition

France-based gas and electricity provider EDF has announced a rise in global profits, despite a loss in UK gas and electricity.

Tags: energy rise giant sees

 

United Kingdom: Government denies EDF strike price talks have stalled

2013-02-12 11:53:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The government has today moved to downplay fears talks with EDF over payments for electricity from new nuclear plants have broken down, a scenario that would have a major impact on the UK's energy strategy and carbon targets. Talks over the "strike price" for the French energy giant's planned 14bn Hinkley Point plant in Somerset have dragged on since last year and The Times reports today that they have now "broken down" over the level of financial support EDF is demanding. EDF is reportedly...

Tags: price united kingdom government

 
 

United Kingdom: EDF boss reveals company could walk away from UK nuclear projects

2013-02-06 12:08:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The delicate nature of the long-running negotiations between the government and EDF over plans for a new nuclear power plant at Hinkley Point have been highlighted, after the boss of the utility warned the company will not proceed with the project without the right level of support. Speaking to news agency Bloomberg, EDF chief executive Henri Proglio said the company would walk away from its plans for a new UK nuclear reactor if the government does not deliver an adequate guaranteed price for...

Tags: company united uk kingdom

 

Atkins to help EDF fill energy gap as UK waits for new nuclear

2013-02-06 01:00:00| Power Technology

UK-based Atkins has agreed to offer expert engineering support to help extend the life of EDF Energy's existing nuclear projects.

Tags: new energy fill gap

 

United Kingdom: UK nuclear power: EdF have more reasons to stay than Centrica

2013-02-04 19:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Logically, it ought to have been impossible for Centrica to give a definitive view at this stage on whether it made financial sense to invest in nuclear power plants. That's because one crucial piece of the jigsaw the price at which government will guarantee to buy electricity from new nuclear plants is still to appear. In practice, one can't blame Sam Laidlaw, chief executive of Centrica, for deciding he's seen enough to conclude he doesn't want to take part. After the Fukushima disaster...

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