国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Partners discuss financing of UK nuclear project

By Lyu Chang (China Daily) Updated: 2016-03-12 09:02

Partners discuss financing of UK nuclear project

Steam rises from the cooling towers of the Electricite de France nuclear power station at Le Bugey in Saint-Vulbas near Lyon. [Photo/Agencies]

EU competition approval also given for Hinkley Point

Top officials at China General Nuclear Power Group are in discussion with their counterparts at French power company Electricite de France, on the necessary terms to finance their joint nuclear power project at Hinkley Point in the United Kingdom.

Hinkley Point C is the UK's first new nuclear plant for a decade, and is needed to replace aging reactors and polluting coal plants.

The project is being financed 66.5 percent by EDF, with a Chinese consortium led by CGN providing the rest.

"We are carrying out negotiations with EDF, and will put forward measures to reach the final decisions soon," He Yu, CGN's chairman, told China Daily.

"We are very confident about the project."

He said the company is preparing for the preliminary review of Generic Design Assessment by UK regulators which looks at risk in terms of the safety, security and environmental effects of the technology being used at the site.

"We will try to start the GDA process within the first half of this year," he said, adding that it is likely to take about five years to fully assess and investigate the new design.

The Hinkley Point project is already well under way.

The plant, using EDF's technology, is due to be completed by 2025, when it will provide an estimated 7 percent of the UK's electricity needs.

With the conditions to allow the Hinkley Point project to go ahead, CGN also plans to push the development of Hualong One, its homegrown nuclear reactor design, for use in the Bradwell B project in the UK.

He was speaking as the project partners won regulatory approval from the European Union's competition authority on Thursday to build and operate the Hinkley Point plant.

The European Commission said it did not see any serious competition issues.

"The commission's investigation found that competition in the wholesale supply of electricity in the UK will not be hindered by the transaction given the moderate market share of EDF, the very limited market shares of CGN in this market and the presence of other competitors," it said in a statement.

He's remarks also came as Chris Bakken, the US-born project director of the nuclear power project, resigned to become chief nuclear officer at Entergy Corp in the US, according to the Financial Times, who quoted Bakken and his employer EDF.

Philippe Bordarier was named as chief nuclear officer for EDF Energy Generation, to take charge of the project.

Hot Topics

Editor's Picks
...
道真| 长阳| 刚察县| 财经| 西乌| 郧西县| 余姚市| 奎屯市| 宜章县| 余江县| 临城县| 安陆市| 丰原市| 胶州市| 嘉峪关市| 凤凰县| 康保县| 定安县| 滦南县| 肇庆市| 苗栗市| 启东市| 怀化市| 彭水| 灵璧县| 深圳市| 皋兰县| 清苑县| 苍山县| 兴安县| 永平县| 罗城| 阜平县| 灵宝市| 张家界市| 左贡县| 宝坻区| 常州市| 安庆市| 广丰县| 云安县|