Friday, July 22, 2016

EPR at Hinkley Point C: EDF will decide next Thursday – Les Echos

For EDF, decision time is coming. One of the electrician’s Board of Directors will meet on Thursday July 28th. And its agenda “includes the final investment decision on the project to build two EPR reactors at Hinkley Point C (HPC), south-west of England”, said the electrician in a statement Thursday.

The HPC project is a major element of the Group’s 2030 CAP strategy. “ The two EPR reactors at Hinkley Point would indeed strengthen EDF’s presence in Britain, a country where its subsidiary EDF Energy already operates 15 nuclear reactors and is the first electricity provider in volume says, “the statement said.

HPC -chiffré to 18 billion pounds (21 billion euros) and which EDF should take 66.5%, would also” to mobilize at their highest level and once the final investment decision, all the group’s expertise in nuclear engineering . ” The first concrete reactor 1 HPC expected mid 2019 would thus fall in perfect continuity starting the EPR at Flamanville scheduled him for the end of 2018.

the CEC in the loop

in an information report of the Finance Commission of the national Assembly published July 13, members Marc Goua (PS ) and Hervé Mariton (LR) write that, in view of the recapitalization of the group envisaged by the state and the importance of its disposal plan, “financial risk can now be worn by EDF so reasonable “. Referring to the investment decision _ which would theoretically occur in September _, MEPs felt that Hinkley Point was” probably the last opportunity for EDF to restore the reputation of French industry nuclear power internationally and gain market share in a highly competitive market . “

the English project has been since 2013 a” broad sharing information with employees and their representatives, “said EDF yesterday. He added that, pursuant to its commitment of 22 April 2016, the Central Works Council (CEC) has been consulted on the terms of the partnership with the CGN group for HPC project in the framework of an information procedure – consultation launched on May 2 and ending July 4, 2016

Jean-Michel Gradt

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