Decision delayed again on Hinkley Point go-ahead

Aaron Morby 9 months ago

French electricity giant EDF has postponed taking the final decision on whether to push ahead with construction of Hinkley Point nuclear power station.

Hinkley Point

The latest delay has been greeted with dismay among contractors that have been waiting in the wings to mobilise on the £18bn project.

National French newspapers reported this morning that EDF’s board has decided to postpone today’s expected final investment decision because of growing fears about costs and funding.

A decision is now expected to be taken in the next few weeks, to coincide with the release of EDF’s annual results.

Civil Engineering Contractors Association chief executive Alasdair Reisner said: This is extremely disappointing news for the UK’s long-term energy security.”

“Just this week an Institution of Mechanical Engineers report warned of a looming energy gap, caused in part by a lack of real commitment to nuclear new build.

“The UK’s future energy landscape is looking bleak.

“Only a long-term energy strategy, supported by industry and the main political parties will guarantee avoidance of future blackouts.”

The project, which was once scheduled to be operational by 2017, has been beset by delays, mostly down to funding.

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