EDF said its hopes to announce a deal with Chinese investors to build a nuclear plant at Hinkley Point in the coming days. The French company’s chief executive Jean Bernard Levy said it was in the final negotiations with its Chinese partners. However he said he did not want to anticipate what would happen later this week as China’s President Xi Jingping to Britain.
The Government is being urged to intervene to speed up a final decision on when a new nuclear power station will be built in the UK or leave the country facing the “very real prospect” of power cuts.
Hundreds of workers at energy giant EDF are to stage a 24-hour strike in a row over pay.
Controversial plans to build the first UK nuclear power station in over 20 years have taken a huge step forward with an announcement of which companies are set to be involved in the giant energy project.
Cape has been awarded a five year contract extension by EDF Energy for the supply of access, insulation and associated service in support of its eight nuclear power stations in the UK. The contract will see the company provide its services until 2021 in support of the energy suppliers. Around one fifth of the UK’s energy supply comes from EDF’s nuclear power stations, two coal fired power stations, combine gas cycle turbine power station and wind farms.
EDF Energy Renewables has sold a majority stake in three of its UK onshore wind farms to CGN (China General Nuclear Power Corporation). The company said the money from the sale will be used to make further investments in renewable projects in the UK. It will continue to own a 20% share in the three wind farms and also continue to run, maintain and operate the sites and provide asset management services for the new owners.