EDF Wins U.K. Planning Approval for Hinkley Point Nuclear Plant
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Electricite de France SA, the biggest nuclear power generator, won approval from the U.K. government to build the country’s first new atomic reactors in 25 years at Hinkley Point in southwest England.
Energy Secretary Ed Davey announced the decision today in Parliament. His go-ahead opens the way for EDF to build two Areva SA reactors totaling 3,260 megawatts of capacity, enough to supply 5 million homes for 60 years. EDF hasn’t decided whether to proceed with the project and is in talks with the government over what price it will receive for the power.