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Britain signs deal with EDF for new reactors
2013-10-21 23:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: The Energy Secretary Ed Davey insisted that new nuclear power is essential to keep Britain's lights on as he unveiled a long-awaited agreement to build two more reactors at Hinkley Point - at a cost of 2bn more than previously announced. After months of wrangling, the government has agreed to guarantee the French utility EDF about twice the current market rate for the electricity produced at Hinkley Point C in Somerset. Known as the "strike price", Edf and its Chinese partners will receive...
United States: The farce of the Hinkley C nuclear reactor will haunt Britain for decades
2013-10-21 21:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Seven years ago, I collected all the available cost estimates for nuclear power. The US Nuclear Energy Institute suggested a penny a kilowatt hour. The Royal Academy of Engineering confidently predicted 2.3p. The British government announced that in 2020 the price would be between 3 and 4p. The New Economics Foundation guessed that it could be anywhere between 3.4 and 8.3p; 8.3 pence was so far beyond what anyone else forecast that I treated it as scarcely credible. It falls a penny short of the...
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What does China own in Britain?
2013-10-14 01:25:15| BBC News | Business | UK Edition
The surprising targets of Chinese investment
Factbox: Britain Launches Royal Mail IPO
2013-10-11 12:58:00| Trucking - Topix.net
Britain has launched its largest IPO since 2006 for the incumbent delivery services group Royal Mail in order to push the state-owned group into privatisation.
Factbox: Britain Launches Royal Mail IPO
2013-10-11 10:28:09| Air Courier - Topix.net
Britain has launched its largest IPO since 2006 for the incumbent delivery services group Royal Mail in order to push the state-owned group into privatisation.
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