EDF Finance Director Resigns ove Costs

Guardian Report

EDF extend life of its nuclear power stations

http://www.bbc.co.uk/news/business-35583740

Hinckley Point Delays

BBC News about delays to Hinckley Point.
Share price in EDF has halved as energy prices drop.
"It's facing a costly refurbishment programme to extend the life of its French nuclear plants. And in Hinkley Point C, it would be committing to a project that will cost more than its current market capitalisation."

China Syndrome

I leave this comment to Polly Toynbee of The Guardian.

Flammanville Construction Flaws

EDF power station construction at Flammanville under threat from safety checks.
http://www.theecologist.org/News/news_analysis/2985650/flamanville_nuclear_safety_fail_sounds_death_knell_for_hinkley_c.html

Hinkley Point Delay

BBC News reports delay to Hinkley Point.
The news comes as a report for the OECD says that the UK's projected nuclear costs are the highest in the world.

Guardian report.

Hinkley Point Under Fire from Energy Industry

Guardian article about Hinkley Point's proposed new nuclear power station.

"The plant, due to open in 2023, will cost as much as the combined bill for Crossrail, the London 2012 Olympics and the revamped Terminal 2 at Heathrow, calculated Peter Atherton, energy analyst at investment bank Jefferies. He said that, for the same price as Hinkley Point C, which will provide 3,200MW of capacity, almost 50,000MW of gas-fired power capacity could be built."

Flaws Found in French Nuclear Power Station During Construction

BBC Science page reports flaws in French nuclear power station.
The flaws are in  a type of reactor proposed at Hinkley Point.

Austria Challenge to Hinkley Point

Austria continues with challenge to subsidies proposed for generation of electricity at Hinkley Point.
Article covered in the Telegraph and The Guardian

Problems with Austria over Hinkley Point C

Austria opposes subsidies agreed at Hinkley Point - Guardian article

UK government to Hit back at Austria - Guardian article

Web page from StopHinkley

Web pages from EWS

Austrian Government Challenge EU Subsidy Ruling for Hinkley Point

https://www.ews-schoenau.de/campaign

http://youtu.be/8zZ18jdFv3U

Hinkley Point C - State Aid Consultation

Hinkley Point C State Aid Consultation

In October 2013, Government submitted the State aid notification for the Hinkley Point C investment contract to the European Commission following the announcement of the commercial agreement on key terms with EDF. The Commission made an Opening Decision on the case on 18 December 2013.

Today the Commission has begun a consultation on the Opening Decision following its publication in the Official Journal of the European Union (OJEU), this will last for four weeks until Monday 7 April 2014 and provides an opportunity for third parties to contribute to the debate.

An investigation by the European Commission is a standard part of the State aid process for cases like Hinkley and we are confident that our case is consistent with State aid rules.

A significant amount of low carbon electricity is needed by 2030 to meet our legally binding carbon targets while maintaining security of supply and keeping consumer bills down. New Nuclear, alongside renewables and Carbon Capture and Storage equipped generation, will play an important and critical role in addressing this challenge.

In the case of Hinkley Point C, it would generate enough home-grown power for nearly six million homes, a city nearly twice the size of London, or 7% of Britain’s electricity supply by 2025. In addition it is estimated that around 25,000 jobs will be created during construction with a massive investment by EDF and its fellow investors of around £16 billion to build the plant.

You can read and respond to the European Commission’s Opening Decision here: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:C:2014:069:0060:0098:EN:PDF

Kind regards

The Office for Nuclear Development

Hinkley Point Economics Questioned

The Guardian has questioned the economics of how the deal has been struck with EDF at Hinkley Point.
http://www.theguardian.com/environment/2013/oct/30/hinkley-point-nuclear-power-plant-uk-government-edf-underwrite

Hinkley Point Crazy

Article from The Guardian reporting opinions of the German Green Party.
Hinkley Point Decision Crazy