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In the United Kingdom, geopolitics is catching up with Franco-Chinese nuclear projects


Repression of Hong Kong, fate of the Uighurs, Huawei affair: a Sino-British nuclear program involving EDF bears the brunt of political tensions.

The change in tone of the United Kingdom vis-à-vis China is a game-changer for the nuclear industry across the Channel in general and for EDF in particular. According to the

Financial Times

and other British media, Boris Johnson's government is preparing to ask Chinese group CGN to exit the £ 20 billion project to build a pair of EPR reactors at Sizewell in Suffolk. CGN is a partner of EDF there, with a 20% stake in the development phase, possibly more in the construction phase. London could also put a stop to another CGN project, even more emblematic: the construction in Bradwell in Essex of its own model of reactor, the Hualong, being considered for certification by the British authorities.

Read also:

Nuclear: tensions between EDF and China after the Taishan incident

These decisions would mark a radical turning point in British energy policy.

In October 2015, James Cameron and Xi Jinping signed the sealing agreement with great fanfare

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Source: lefigaro

All business articles on 2021-07-28

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