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EDF Energy chief refuses to 'prejudge' outcome of HPC talks

New Nuclear

24 May 2016

Vincent de Rivaz, the CEO of EDF Energy, said today he does not want to "prejudge" the outcome of the French-owned company's consultation with the Central Works Council, which needs to be completed before a final investment decision on Hinkley Point C can be made. Giving evidence to the UK parliament's Energy and Climate Change Committee, de Rivaz said the consultation, which began on 2 May, would take at least 60 days.

Visions shortlisted for new UK nuclear project

New Nuclear

19 May 2016

Moorside vision (K2 Architects) 48Shortlists of architects and landscapers have been selected by NuGen for the forthcoming Moorside nuclear power plant's surroundings, visitors centre, office blocks and workers accommodation. 

UK regulator advised on Areva-supplied forgings

Regulation and Safety

16 May 2016

Paperwork related to the manufacture of components for use in UK nuclear power plants by Areva's Le Creusot forge may contain "inconsistencies, modifications or omissions", the French nuclear regulator has advised its British counterpart. The Sizewell B reactor is the only UK reactor to feature such parts.

Horizon appoints JV for Wylfa Newydd project

New Nuclear

20 May 2016

Wylfa Newydd site - aerial - 48The UK's Horizon Nuclear Power has today appointed a joint venture responsible for construction of its Wylfa Newydd plant. The newly created company, Menter Newydd, is a joint venture of Hitachi Nuclear Energy Europe, Bechtel Management Company and JGC Corporation (UK).

UK 'confident' of Hinkley deal

Nuclear Policies

18 May 2016

The UK government is confident "there is a deal to be done" with EDF Energy on Hinkley Point C, but notes that it would not and could not influence the speed at which the utility makes a final investment decision on the project. "We recognise that the matter now rests with the equity. That's a commercial matter and we have to allow that to play out," said Jeremy Allen, head of procurement and investor relations at the Department of Energy and Climate Change.

EDF ratings downgraded, UK arm clarifies Hinkley cost

Corporate

13 May 2016

Moody's Investors Service has downgraded to A2 from A1 the issuer and senior unsecured ratings of Électricité de France, outlook negative. The rationale for the negative outlook includes "the incremental risks associated with the Hinkley Point C nuclear power station project in the UK, should it go ahead," Moody's said yesterday.