Brussels launches probe into UK nuclear guarantee offered to EDF

Brussels launches probe into UK nuclear guarantee offered to EDF

Financial Times - 

Brussels has launched a full investigation into whether Britain is providing up to £17bn of potentially illegal public guarantees for the first nuclear power plant in a generation. The European Commission will examine the contract between the UK government ...http://www.ft.com/intl/cms/s/0/9558c152-67e3-11e3-8ada-00144feabdc0.html#axzz2nqrhRKv3

UPDATE 2-EU regulators investigate EDF British nuclear project

Reuters - ‎

... slideshows. * EU to assess if plant can be built without UK government support. * Britain confident investigation over by summer. * EDF working with Chinese nuclear companies on project. *. BRUSSELS, Dec 18 (Reuters) - European Union state aid ...http://in.reuters.com/article/2013/12/18/eu-britain-nuclear-idINL6N0JX26R20131218

EDF's UK Nuclear Plant Deal Faces In-Depth EU Aid Probe (1)

Businessweek -

Electricite de France SA's deal with the U.K. to build the nation's first new nuclear plant in two decades faces an in-depth investigation by the European Union, which must approve large state subsidies. The European Commission “has doubts that the project ...http://www.businessweek.com/news/2013-12-18/edf-s-u-dot-k-dot-nuclear-plant-deal-faces-in-depth-aid-probe-from-eu

Hinkley Point Nuclear Deal With EDF Faces Probe

Sky News - ‎

Britain's plan to subsidise a new nuclear power plant hits a setback as regulators launch an investigation into the project. 2:08pm UK, Wednesday 18 December 2013. Hinkley Point nuclear plant CGI picture. A computer generated image of the proposed plant. http://news.sky.com/story/1184223/hinkley-point-nuclear-deal-with-edf-faces-probe

 

Hinkley Point C nuclear subsidy plan queried by European commission

The Guardian - ‎4 hours ago‎

Hinkley Point B nuclear power station, near Bridgwater: EDF plans to build Hinkley Point C on the site. Photograph: Matt Cardy/Getty Images. The European commission has opened an in-depth investigation into UK plans to subsidise the construction and ...http://www.theguardian.com/business/2013/dec/18/hinkley-point-c-nuclear-subsidy-european-commission

EU Opens Probe into UK's Planned Hinkley Point Nuclear Plant

Wall Street Journal - ‎

BRUSSELS—European Union regulators Wednesday opened an in-depth probe into Britain's planned flagship nuclear plant, Hinkley Point, to assess whether the project breaks state-aid rules. The European Commission, the EU's executive arm, set out its ...http://online.wsj.com/news/articles/SB10001424052702304866904579265832965836374

EU regulators doubt UK nuclear project needs support

euronews - ‎6 hours ago‎

BRUSSELS (Reuters) – European Union state aid regulators launched on Wednesday an investigation into proposed British support for a 16-billion pound ($26 billion) nuclear power plant to be built by EDF , saying they had doubts the project ...http://www.euronews.com/business-newswires/2263870-eu-regulators-doubt-uk-nuclear-project-needs-support/