CGN
The French government is reportedly urging the UK Government to provide loan guarantees for Hinkley Point C, the flagship nuclear power station, as the cost escalates
The Hinkley Point C power plant in Somerset could end up costing £33 billion
The move is expected to push back dates on the current contract to help the company avoid a potential penalty
They said the UK Hualong Pressurised Water Reactor – UK HPR1000 – can be built in the UK, following an application for a version of the reactor design proposed to be built at Bradwell B in Essex
The company said it has been informed of a build-up of rare gases at its nuclear power station in China
It dismissed the claims made in the Sunday Telegraph story, which alleges the Chinese state energy company is ‘more closely involved’ in the project than what was previously disclosed
China General Nuclear Power partnered with EDF to help fund a third of the £20bn cost of the nuclear power plant being built in Somerset
The facility is expected to be able to provide clean power for as many as 400,000 families
It ruled the government’s contribution to the new nuclear plant in Somerset does not violate EU rules
China’s largest nuclear power producer hopes to develop its expertise and knowledge