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EDF Has No Date for Final Investment Decision on UK’s Hinkley Nuclear Plant

© Photo : EDF EnergyHinkley Point C CGI view
Hinkley Point C CGI view - Sputnik International
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French electric company EDF has no fixed date for a final investment decision on the delayed construction of Hinkley Point atomic power plant in England, the chief of its UK subsidiary said.

Steam rises at sunset from the cooling towers of the Electricite de France (EDF) nuclear power station at Nogent-Sur-Seine, France, November 13, 2015. - Sputnik International
European Nuclear Plans in Jeopardy as Finance Chief Quits EDF
MOSCOW (Sputnik) UK media reports initially gave EDF until early May to announce the size of the funds that UK’s EDF Energy would invest, but its chief executive said the final decision would be made after EDF’s 60-day period of consultations had run its course.

"I don't want to prejudge the outcome of the consultation the sooner we have the final investment decision the better," EDF Energy chief executive Vincent de Rivaz Energy said, as quoted by the BBC.

De Rivaz appeared before the UK parliament’s Energy and Climate Change Committee for the second time in less than three months to explain the delays to the project that aims to build UK’s first new nuclear power plant in a generation.

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