EDF Energy is confident Hinkley Point C (HPC) will come on line in 2025 and that Sizewell C will be 20% cheaper to build, the company’s new CEO, Simone Rossi, said yesterday in his first major speech since taking over from Vincent de Rivaz at the helm of the UK company in November. Under a strategic investment agreement signed in October 2016, China General Nuclear (CGN) agreed to take a 33.5% stake in EDF Energy’s Hinkley Point C project in Somerset, as well as jointly develop new nuclear power plants at Sizewell in Suffolk and Bradwell in Essex. The HPC and Sizewell C plants will be based on France’s European Pressurised Reactor (EPR) reactor technology, while the new plant at Bradwell will feature the Hualong One design. The UK EPR successfully completed the Generic Design Assessment with UK regulators in December 2012, while the UK HPR1000 reactor design started this process last year. In his speech titled ‘New nuclear – responsibilities and opportunities’ at Cannington Court, near the HPC construction site, Rossi said replicating construction techniques from HPC, existing grid connections and the exploration of new finance models meant construction of the planned Sizewell C plant in Suffolk would cost GBP4 billion less.
World Nuclear News 18th Jan 2018 read more »