EDF’s Credibility Hangs on Hinkley Point, U.K. Minister Says
- Plant may be ‘scuppered’ by Austrian challenge, Leadsom says
- U.K. waiting for EDF’s final decision on whether to invest
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Electricite de France SA may lose its credibility as one of the world’s top nuclear-power developers if it fails to build two new reactors on England’s southwest coast, a U.K. energy minister said.
EDF has delayed until September its final investment decision on Hinkley Point C, the world’s most expensive power station, marking a setback for a project that was originally due to be completed in 2017. The latest date for commissioning is 2025, at which point it may provide 7 percent of the country’s power.