Hinkley

EDF’s UK profits suffer in first half of 2019

EDF has attributed a 75.9 per cent drop in EBITDA in the first half of the current financial year to a “deterioration of conditions in the market”, including the introduction of the cap on standard variable tariffs, suspension of capacity revenues and a downturn in nuclear generation.

29/07/2019

News

Queen awards utility sector workers in Birthday Honours

A number of people from across the energy and utilities sector have been recognised in the Queen’s Birthday Honours list this month.

10/06/2019

News

Renewables ‘no-regrets insurance’ against nuclear gap

The UK should boost the rollout of renewable energy to insure against a faster than anticipated closure of its ageing nuclear power stations due to cracked reactors, a new report has urged. 

07/06/2019

News

EDF loses 200,000 customers as operating profit drops

EDF Energy has posted a £172 million loss to its operating profit for the year ending 2018 as well as a loss of 200,000 customers.

15/02/2019

News

Regulated asset base model could benefit nuclear industry

Greater direct government intervention in backing nuclear projects would expose the sector to the risk of competing with other spending priorities for investment, a senior official has claimed.

06/12/2018

News

Wylfa nuclear site will be ‘considerably cheaper’ than Hinkley

Leon Flexman, corporate affairs director at Hitachi-backed Horizon Nuclear Power said that cost reductions in the Wylfa project are having a knock-on impact on the strike price, the guaranteed floor for the sum it will be paid for generating electricity.

27/09/2018

News

NIC urges government to back renewables over nuclear

The government should agree support for only one more new nuclear power station before 2025, the National Infrastructure Commission (NIC) has advised.

10/07/2018

News

EDF and Rolls-Royce sign Hinkley contract

Rolls-Royce has signed a contract with EDF Energy to provide heat exchangers for the nuclear island systems at Hinkley Point C nuclear power station in Somerset.

09/03/2018

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