Hitachi has suspended plans to build £16bn nuclear plant in Wales due to concerns over the rising cost of the project. Continue Reading
Moves to bolster the UK’s nuclear power energy infrastructure have taken a leap forward, as regulators have cleared a new project based in Wales to go ahead after five years of deliberation on regulation.
Fresh criticism has be brought to the table by MPs regarding the Hinkley Point nuclear power plant and the projected subsidy costs based on the promised price for the energy it will eventually generate.
Vincent de Rivaz is due to step down as chief executive of EDF Energy in October, following a successful campaign to ensure a deal for the construction of the Hinkley Point C nuclear power plant.
The United Nations has ramped up its criticism of the UK government’s approach to the Hinkley Point C nuclear project, going as far as to suggest that work on the plant should be suspended.
After initially postponing the final decision pending review, Prime Minister Theresa May has officially approved the £18 billion nuclear reactor to be built in Somerset, following a revised agreement with EDF.
Soon after EDF executives decided to officially give the green light to the Hinkley Point nuclear power plant, the British government called for the decision to be postponed pending review.
One of EDF’s directors who had previously voiced opposition to the company’s Hinkley Point nuclear project has resigned ahead of a board meeting during which the future of the project is expected to be decided.