Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, January 11, 2017

British parliamentarians request clarity on Hinkley deal

British parliamentarians request clarity on Hinkley deal
British parliamentarians have asked the Secretary of State for Business, Energy and Industrial Strategy to clarify some of the financial aspects of the government's agreement with EDF and its partner China General Nuclear to build the Hinkley Point C nuclear power plant. Specifically, they want to know whether the £2.0 billion ($2.4 billion) government guarantee still stands, why the government's estimate of future top-up payments through the contract-for-difference varies so widely with that of the National Audit Office, and whether the index to which the strike price is linked could be changed. http://www.world-nuclear-news.org/NN-British-parliamentarians-request-clarity-on-Hinkley-deal-11011701.html

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