A new nuclear power station in Somerset could be rubber stamped by the European Commission next month, a leak suggested this week.
French energy company EDF has already begun building the foundations of Hinkley Point C and the nuclear supply chain has anxiously awaited news of its approval.
Developments this week suggested they need fear no longer for the £16 billion project’s future.
Prompted by media reports, a spokesman for the EU’s Competition Commissioner Joaquin Almunia told the Guardian he would “propose to the college of commissioners to take a positive decision”.
They added this meant the decision could be taken in October.
Doubts about the approval had previously been raised after Almunia did not the power plant’s 25-year deal with the UK government would fall within EU competition rules.
He said British authorities would have to justify an agreement to pay £92.50 per megawatt for electricity from the power plant for its lifetime. That’s roughly double current wholesale electricity prices, reported Reuters.