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Sun Jul 2, 2017, 08:59 AM

France's EDF reviews Hinkley Point nuclear power plant costs

France's EDF reviews Hinkley Point nuclear power plant costs
By RFI Issued on 26-06-2017

EDF is carrying out a "full review" of the costs and schedule of Britain's controversial Hinkley Point nuclear power plant, the French energy giant said on Monday.

The project to build Britain's first new nuclear plant in a generation, awarded to a French-Chinese consortium, has been dogged by controversies, with Britain's National Audit Office (NAO) warning on Friday that the government had committed to a "risky and expensive" deal.

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France's Le Monde newspaper on Saturday said the "first conclusions" of the review pointed to building costs overrunning the 21 billion euros budget by one to three billion euros.

The NAO, which audits British public spending, said on Friday that the price guaranteed to EDF under the deal could add an extra 34 billion to energy bills of UK customers.

http://en.rfi.fr/europe/20170626-edf-reviews-hinkley-point-costs-and-calendar

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