French energy giant EDF launches search for Hinkley Point finance after damning audit report. EDF Group’s chief executive Luc Rémont has hit back at the national French auditor’s claims that the energy company should delay its investment in UK nuclear power project Sizewell C. He said the regulated asset base (RAB) model for financing the Suffolk nuclear power station, where the cost of development is shared with the consumer, should not be correlated with the refinancing of the Hinkley Point … read more »
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