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EDF's UK Hinkley Point nuclear plant start date delayed again, costs mount

French utility EDF on Tuesday again pushed back the start date on its long-delayed 3.2-gigawatt (GW) Hinkley Point C reactor plant in Britain to at least 2029, with a new estimated cost of between 31 billion and 34 billion pounds ($43.06 billion) based on 2015 values.

read more... 25/01/2024

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EDF plans new investment and extensions for UK nuclear fleet

EDF Energy has announced it will invest a further GBP1.3 billion (USD1.7 billion) in the UK's five operating nuclear power plants over the next two years and plans to further extend the lives of the four operating Advanced Gas-cooled Reactor (AGR) plants.

read more... 10/01/2024

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EDF and France reach deal on electricity prices

State-controlled power group EDF and the French government have reached a tentative deal on future nuclear power prices, a source close to the government said on Monday, ending months of tense negotiations.

read more... 14/11/2023

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Czechia progresses on new nuclear unit as three companies bid for contracts

The construction of a new nuclear power unit has moved forward with binding bids accepted from US-Canadian Westinghouse, France’s EDF and the Korean company KHNP, announced ČEZ’s Director of New Energy Division Tomáš Pleskač.

read more... 01/11/2023

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EU electricity market deal paves way for France to ditch divisive ARENH scheme

A deal on reforming the EU’s power market, reached by the 27 EU member states on Tuesday (17 October), paves the way for Paris to ditch a much-decried scheme forcing state utility EDF to sell its nuclear energy production to competitors below market price.

read more... 20/10/2023

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