EDF has asked the government-owned Low Carbon Contracts Company (LCCC) to trigger the Force Majeure clause on its Hinkley Point C contract to avoid penalties as a result of delays caused by the Covid-19 pandemic. In May the French utility warned the costs of the Hinkley Point C nuclear power plant currently under construction in England could soar by an extra £3 billion. In a statement, the LCCC said: “The LCCC recognises that Covid-19 has impacted projects and is capable … read more »
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