Energy giant EDF is looking to activate a contingency option in its contract with the government, which could allow it to potentially avoid penalties related to delays to the Hinkley Point C nuclear power station project as a result of the Covid-19 pandemic. The firm has notified the government-owned Low Carbon Contracts Company (LCCC) over a “force majeure” event, brought on by Covid-19. The notification, which is understood to be under discussion with the government, means that EDF may, if … read more »
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