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UK can proceed with the construction of the new nuclear power station

The European Commission has approved the construction and operation of the new nuclear power plant at Hinkley Point in Sommerset, South England, has announced EDF Energy. Last month the commission presented its judgment to the UK Government, coming to the conclusion that the proposed project of the nuclear power plant at Hinkley Point accomplishes the purposes of the Euratom Treaty by contributing to develop a sustainable national energy mix.

read more... 10/08/2012


Italy’s Edison to be delisted from the Milan stock exchange

French power giant EDF is now the new absolute owner of Italy’s second biggest energy provider Edison group, acquiring a stake of about 98%. In this way, Edison is set to be delisted from the Milan stock exchange after more than 10 years.

read more... 07/08/2012


EDF looks partners to share costs of new nuclear plants in the UK

EDF of France, the world’s largest supplier of atomic energy by kilowatt hours, is considering looking for more partners to share the financial costs of its project to build new nuclear plants in UK, following concerns that nuclear energy is getting more expensive.

read more... 01/08/2012


EDF: New UK nuclear power plants could boost economy

Government policy to promote a new generation of nuclear power plants could boost the UK economy by more than £ 5 billion and add more than 32,000 jobs, as well as creating new export markets if the country continues the development of nuclear, according a report commissioned by EDF Energy.

read more... 10/07/2012


EDF: UK economy could rise on nuclear revival

According to a research commissioned by EDF Energy and performed by the Institute for Public Policy Research (IPPR), the UK investment in new nuclear could lead to an economic growth of more than £ 5 billion a year, in addition to the creation of over 32000 new jobs.

read more... 02/07/2012