edf

Nuclear reactor

The decision no one was expecting was that the project being parked until Autumn 2016 pending a further Government review. Greg Clark, the business, energy and industrial strategy secretary, said: “The UK needs a reliable and secure energy supply and the government believes that nuclear energy is an important part of the mix. “The government will now consider carefully all the component parts of this project and make its decision

Problems mount for UK nuclear programme

Centrica has abandoned plans for building 4 new nuclear power stations in the UK blaming rising costs and construction delays – Centrica announces decision not to participate in UK nuclear new build and launches £500 million share repurchase programme. The move is a blow to the Government’s plans to build new nuclear power stations. Centrica will forfeit its 20% option on four new nuclear plants planned by EDF in Somerset