boss 'hopeful' of making decision on Hinkley Point C this year
boss of energy giant EDF has this week said he is "hopeful"
that the company can take an investment decision on Hinkley Point
C later this year.
expects to take a final decision on the £16billion nuclear
power plant near Burnham-On-Sea after the summer, its Chief Executive
said on Wednesday.
are fairly hopeful we will be able to take what is called a final
investment decision on this project for two EPR reactors after
the summer pause," CEO Jean-Bernard Levy told politicians
in France's lower house of parliament.
launched legal action earlier this month against the European
Commission over its backing of British plans for the development.
Greenpeace Energy and nine German and Austrian utilities have
also made a formal challenge over the plan.
is based on alleged "legal and procedural errors" when
state aid was approved for the power plant at Hinkley Point by
the European Commission.
October, the European Commission gave the go-ahead to the project
after the UK government reduced the state subsidy by more than