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United Kingdom: Hinkley investment decision soon, says EDF chief after finance director resigns

2016-03-07 11:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The chief executive of EDF said he wants to reach a final decision soon on investing in Britains Hinkley Point nuclear power plant after the resignation of his finance director cast further doubt on the French energy companys ability to fund the 18bn project. Jean-Bernard Levy said he regretted the hastiness of Thomas Piquemals departure as finance chief. Piquemal resigned because he believed pursuing the worlds most expensive nuclear project could threaten the group, whose finances are...

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United Kingdom: Hinkley Point nuclear project in crisis as EDF finance director resigns

2016-03-07 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The 18bn Hinkley Point C nuclear project was in crisis on Sunday night after reports that the finance director of EDF, the company behind the scheme, had resigned. Thomas Piquemal has stood down from his post after expressing trenchant opposition to those on the EDF board who want to give the green light to the project within weeks, sources said. The resignation of such an important figure on the EDF board will make it much harder for the remaining executives to proceed with Hinkley in the...

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EDF man 'quits' over UK nuclear plant

2016-03-07 00:56:07| BBC News | Business | UK Edition

The finance director at French energy giant EDF quits over the firm's plan to build the UK's first new nuclear power plant in decades, reports say.

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

2016-02-17 01:00:00| Power Technology

EDF Energy is planning to extend the life of four UK nuclear power stations to meet the gap between electricity supply and demand in the country, amid challenging market conditions.

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EDF extends life of UK nuclear plants

2016-02-16 07:48:51| BBC News | Business | UK Edition

France's EDF will extend the life of four of its eight UK nuclear power plants by between five and seven years.

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