Category Archives: EDF Energy

Hinkley Point C could be delayed to 2031 and cost up to £35bn, says EDF

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As nuclear plant is hit by further delay, real cost will be far higher after inflation is included, as project uses 2015 prices

The owner of Hinkley Point C has blamed inflation, Covid and Brexit as it announced the nuclear power plant project could be delayed by a further four years, and cost £2.3bn more.

The plant in Somerset, which has been under construction since 2016, is now expected to be finished by 2031 and cost up to £35bn, France’s EDF said. However, the cost will be far higher once inflation is taken into account, because EDF is using 2015 prices.

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UK government sets out plans for ‘biggest nuclear power expansion in 70 years’

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Ministers hope to build fleet of reactors to meet quarter of electricity demand by 2050 but critics highlight long delays and rising costs

The government has set out plans for what it claims will be Britain’s biggest nuclear power expansion in 70 years, despite concerns about faltering nuclear output and project delays.

Ministers published a roadmap on Friday that recommits the government to building a fleet of nuclear reactors capable of producing 24GW by 2050 – enough to meet a quarter of the national electricity demand.

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EDF Energy plans to extend life of four UK nuclear power plants

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French energy company to invest a further £1.3bn in its British nuclear fleet up to 2026

EDF is planning to extend the life of four nuclear power stations in the UK and increase investment in its British nuclear fleet.

The French energy company, which manages Britain’s eight nuclear power stations, said it would make a decision on whether to extend the life of the four plants with advanced gas-cooled reactors (AGR) – Torness, Heysham 1 and 2, and Hartlepool – by the end of the year. This would require regulatory approval.

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Energy bosses at No 10 summit warn investor confidence is waning

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Chiefs say UK’s troubled economy and political uncertainty is dampening enthusiasm for clean energy rollout

The bosses behind Britain’s multibillion-pound clean energy rollout have warned the government that the UK’s difficult economic circumstances and political uncertainty have taken a toll on investor confidence.

About 20 industry bosses representing companies from across the sector attended a summit at No 10 to discuss their plans to invest more than £100bn in the UK economy.

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Coal power stations warmed up for third time this week as UK cold snap persists

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National Grid put Drax and EDF’s West Burton generator on standby, with the latter stood down at 5am

National Grid asked coal-fired power stations to warm up on Thursday for the third time this week in case they are needed as cold weather across the UK continues.

Two units at Drax in Yorkshire and one at West Burton in Nottinghamshire were asked to fire up just before midnight on Wednesday. The West Burton unit was stood down at 5:13am, but the Drax units have continued to heat up, according to notifications sent to the industry.

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Kent family charged £80k in error after EDF sent £1m electricity bill

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‘It was quite amusing, until it actually happened,’ says customer, after being left £75,000 overdrawn

A family of four were told they owed nearly £1m to EDF for a year’s electricity and had £80,000 taken by direct debit, despite telling the company it was clearly incorrect.

The payment, which put Richard Baron and his family more than £75,000 over their overdraft limit, was refunded by their bank’s fraud team before any serious damage was done. However, after cancelling their direct debit, they were put on a higher tariff with the energy provider.

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UK customers face ‘catastrophic winter’ as energy costs soar, says EDF retail boss

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Half of UK households could be in fuel poverty by January unless government steps in, says managing director for customers

The UK faces a “dramatic and catastrophic winter for customers” as energy prices soar, according to a stark warning from the head of EDF Energy’s retail business.

Philippe Commaret, the energy firm’s managing director for customers, called for extra government intervention, including help for households to insulate their homes and a VAT cut for small businesses as prices jump to record levels.

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New French PM vows to nationalise EDF and tackle cost of living crisis

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In speech to divided parliament, Élisabeth Borne tries to court opposition parties to avoid deadlock

France is to renationalise its indebted electricity giant EDF in response to the energy crisis aggravated by Russia’s invasion of Ukraine, the country’s prime minister, Élisabeth Borne, has said.

Borne vowed to limit the impact of rising energy prices despite the political turmoil of Emmanuel Macron losing control of parliament in recent legislative elections.

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French nuclear firm trying to fix ‘performance issue’ at China plant

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EDF subsidiary reportedly warned of ‘imminent radiological threat’ at Taishan nuclear power plant

A French nuclear company has said it is working to resolve a “performance issue” at a plant it part-owns in China’s southern Guangdong province after an earlier report of a potential leak there.

Framatome, a subsidiary of the energy giant EDF, told Agence France-Presse news agency that it was “supporting resolution of a performance issue” at the plant. “According to the data available, the plant is operating within the safety parameters,” it said, adding that an extraordinary meeting of the power plant’s board had been called “to present all the data and the necessary decisions”.

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