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Hinkley power station 'will go ahead'

2016-03-12 04:00:40| BBC News | Business | UK Edition

The 18bn Hinkley Point nuclear power plant will go ahead, EDF tells the BBC, amid uncertainty and delays over the final funding arrangements.

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Hinkley Point branded potentially risky for EDF by French auditor

2016-03-11 10:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: EDFs 18bn project to build nuclear reactors in Britain is potentially risky for the state-owned utility, whose foreign investments in recent years have proved disappointing, Frances top public auditor has said. In a report on EDFs international strategy, the Cour des Comptes the French equivalent of the UKs National Audit Office said EDF and its 85% state shareholding should take a close look at the risks associated with the project to build two nuclear reactors at Hinkley Point in Somerset....

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Why do we need Hinkley C?

2016-03-07 17:01:42| BBC News | Business | UK Edition

Why do we need Hinkley C?

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United Kingdom: Hinkley investment decision soon, says EDF chief after finance director resigns

2016-03-07 11:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The chief executive of EDF said he wants to reach a final decision soon on investing in Britains Hinkley Point nuclear power plant after the resignation of his finance director cast further doubt on the French energy companys ability to fund the 18bn project. Jean-Bernard Levy said he regretted the hastiness of Thomas Piquemals departure as finance chief. Piquemal resigned because he believed pursuing the worlds most expensive nuclear project could threaten the group, whose finances are...

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United Kingdom: Hinkley Point nuclear project in crisis as EDF finance director resigns

2016-03-07 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The 18bn Hinkley Point C nuclear project was in crisis on Sunday night after reports that the finance director of EDF, the company behind the scheme, had resigned. Thomas Piquemal has stood down from his post after expressing trenchant opposition to those on the EDF board who want to give the green light to the project within weeks, sources said. The resignation of such an important figure on the EDF board will make it much harder for the remaining executives to proceed with Hinkley in the...

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