Along with partner Centrica, the firm is currently negotiating that price with government. Writing to the chair of the energy and climate change committee, Tim Yeo, De Rivaz reiterated that EDF would “have all the elements in place for successful, on time delivery of ” by the end of this year. However, he warned that the Energy Bill swiftly becoming law was “critical to a positive investment decision”.
De Rivaz praised the Committee’s efforts in scrutinising the bill, for which it has effectively had less than six weeks. He also praised the “framework of EMR”, and said it was “fair…transparent… and can provide a strong foundation for investment.”
EDF Energy’s letter was published by the Committee today, on the same day as a letter from energy minister Charles Hendry. He was answering questions put by Yeo to the Treasury. Read that article here.