Future Of British Business
EDF Asks UK to Trigger Force Majeure in Hinkley Nuclear Contract
- Utility says Covid-19 has curbed number of workers on project
- Second project at Sizewell has been given planning permission
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Electricite de France SA has asked the UK to trigger a force majeure clause in the subsidy contract for its Hinkley Point C nuclear power plant.
The company has applied to a government agency to be allowed to declare a force majeure covering one year of delays due to Covid-19 restrictions that curbed the number of workers on the project, according to Stuart Crooks, managing director for Hinkley Point C. If approved, it will extend the time EDF has to start generating electricity before it starts losing funding.