In the nuclear sector, one bad news can hide several bad news.
EDF has announced a second reassessment of the timetable and cost of construction of the two Hinkley Point C reactors in the United Kingdom.
This is a new setback for French nuclear power, which is unable to meet its deadlines.
And an additional thorn for the French electrician, which will have effects on its financial balance, its capacity to export and its industrial workload plan.
Acted in September 2016 by London, the construction of the two Hinkley Point reactors (HPC) was initially expected to cost 18 billion pounds sterling (some 21 billion euros).
The sum was divided between two contractors: 12 billion for EDF, which held 66.5% of the project, and 6 billion for the Chinese CGN, with 33.5% of the shares.
The plant was to enter production in 2025. From 2022, a first postponement was announced, with commissioning in 2027, accompanied by a cost estimate this time set between 25…
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