Decision on UK Nuclear Plans Delayed Further

Decision on UK Nuclear Plans Delayed Further

Wall Street Journal -

PARIS--The U.K. government and Electricite de France SA (EDF.FR) are unlikely to agree a guaranteed price for electricity generated by planned new nuclear reactors before the summer, people with direct knowledge of the matter said, further delaying a ...

EDF eyes UK government help for nuclear reactor

Telegraph.co.uk - ‎

The world's biggest operator of nuclear reactors is in early stage talks with the Treasury about underwriting some of the financing of the reactor at Hickley Point, which is expected to cost about £7bn. The hope is that any guarantees will help persuade some of ...

Deadlock between EDF and Treasury threatens shutdown of nuclear reactor ...

The Times (subscription) -

A stand-off between the Treasury and EDF Energy is threatening to scupper the French state-controlled company's £14 billion nuclear reactor project in Somerset and to wreck Britain's new-build programme. Talks have broken down over the level of subsidy ...

EDF seeks state backing on nuclear site

Financial Times - ‎

EDF Energy has asked the Treasury to guarantee some of the costs of the new nuclear reactors it will build in the UK, in a move likely to spark controversy for a government that has pledged not to provide public subsidies for the industry. The French ...

Consumers to foot £4bn bill in event of 'Big Six' crash

Telegraph.co.uk - ‎

The collapse of one of the major groups is rated as highly unlikely but the Government wants contingency plans in place to safeguard against the risk of consumers being left in the dark and the economy suffering. Ed Davey, Energy Secretary, is looking to ...

EDF in talks with UK government over backing for new nuclear plants

Power Engineering Magazine -

The world's biggest operator of nuclear reactors is in early stage talks with the UK Treasury to underwrite part of the financing needed for its Hinkley Point reactor, in Somerset in the UK, which was expected to cost about 7 billion. EDF hopes that government ...

Nuclear energy test for Westminster Government

SNP (press release) -

The Westminster Government is facing a key test of its promises after a call for state support from the nuclear energy industry. Today's Financial Times reports that EDF Energy has asked the Treasury to underwrite financing for new nuclear power stations, ...

EDF Energy wants state aid for nuclear reactor

Europolitics.info -

It seems EDF Energy is asking London for state aid to cover some of the costs for four new nuclear reactors at Hinkley Point, South-West England, and Sizewell in East England. EDF Energy is a British subsidiary of French energy specialist EDF.

Reports about state funding for nuclear energy

ITV News - ‎

The energy company behind plans to build a new nuclear power station in Suffolk is reportedly asking for financial backing from the Government. EDF Energy has just completed a consultation about their proposals for Sizewell C. Last week Centrica, who ...

Government denies EDF strike price talks have stalled

Business Green - ‎

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 ...

Ministers mull extra support for new nuclear at Hinkley Point

FT.com (blog) - ‎

How badly do ministers want a new era of nuclear power in the UK? At the moment it is not clear – but they will soon have to show their hand. Negotiations have been going on for months with French power giant EDF Energy to agree a fixed “strike price” for ...

EDF seeks backing over nuclear power plant

New Statesman - ‎2

EDF Energy has asked the HM Treasury to back the proposed multibillion-pound nuclear power plant at Hinkley Point in Somerset arguing the the plant is among the UK's top five infrastructure projects. The company, which is planning to construct new ...