EDF
Last edited 13 September 2016 at 12:37pm
In advance of the Hinkley decisionto be made later this month, Greenpeace have released a new poll showing public support for Hinkley nuclear power station is at an all time low.
Just a quarter (25%) of the 2000 people surveyed by Populus say they support Hinkley, whilst nearly half (44%) oppose it.
Last edited 26 July 2016 at 12:41pm
During the General Assembly of EDF today, the shareholders approved a capital increase of 4 billion euros. The state committed to contribute 3 billion, with the rest funded by private investors.
Greenpeace sought a legal opinion in April which warned that the French government recapitalisation could fall foul of European competition law.
John Sauven, Greenpeace Executive Director said,"The French state is throwing good money after bad. But throwing wads of cash at the massive problems EDF faces over Hinkley will not make them disappear. EDF has lost 33 billion Euros in the last decade. It is a telling sign that even EDF’s own employees don’t think Hinkley can be built and people in the UK don’t want or need it to meet our energy needs.
Last edited 22 April 2016 at 12:22pm
Greenpeace and Ecotricity have today released a legal opinion on the French government’s proposed package of financial support for EDF. It is likely to have major implications for the plan to build a new nuclear power plant at Hinkley Point.
The opinion will cause further disquiet amongst EDF board members at the financially troubled company on the day that the French government’s proposal will be presented to the company.
Last edited 26 January 2016 at 5:50pm
Reports of unprecedented dissent and panic amongst the EDF board have been reported ahead of tomorrow’s board meeting.
It is understood that the decision whether to invest £24.5 billion into the Hinkley power station in Somerset hangs on a knife edge. A key management level trade union, CFE-CGC, who sit on the board, have issued 15 questions raising financial, legal and strategic concerns over whether EDF can afford the project, or deliver it on time.(1)
Last edited 21 October 2015 at 3:00pm
Commenting on
the agreement struck by French-owned EDF and China’s CGN today to build a fleet
of new nuclear reactors at Hinkley and other two locations in the UK, Greenpeace
UK chief scientist Dr Doug Parr said:
“With this deal
George Osborne is not so much backing the wrong horse as betting billions of
consumers’ money on a nag running backwards. There’s no end in sight for the
nuclear industry’s dependence on billion-pound handouts whilst the renewable
sector is on the verge of going subsidy free. Backing the former and punishing
the latter makes no economic sense whatsoever. Our
grandchildren will one day wonder why their bills are propping up a
foreign-owned, outdated, and costly nuclear industry instead of supporting
cutting-edge UK firms producing cheap clean energy.
Last edited 21 October 2015 at 10:56am
The
construction of a French nuclear reactor of the same type being planned at Hinkley
Point could be delayed by a further three years, the French press is reporting today.
Energy
giant EDF has formally asked the French government for permission to delay the
start of its EPR nuclear reactor in Flamanville until 2020. The French utility
had been set a 2017 deadline to get the reactor up and running.
The
news comes as an initial agreement to build a new £24.5bn reactor of the same
type at Hinkley is about to be unveiled by UK and Chinese authorities later
today.
Posted by Richardg — 23 November 2012 at 5:13pm
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Protestors block the road leading into Hinkley Point
This morning, as the Energy Bill was making headlines, ten people were setting up a non-violent blockade of Hinkley Point nuclear power station. It's a sure sign that building new reactors will be an uphill struggle.
