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The boss of French nuclear giant EDF’s UK arm, Vincent de Rivaz, has said the UK is “demonstrating consistency and continuity” in its nuclear policy.
Vincent de Rivaz , the head of EDF Energy, has rejected predictions that France’s new president could force it to ditch its big investment in new nuclear reactors in the UK.
The only British company in the running to build a new generation of atomic power plants in the UK has threatened to pull out due to uncertainty over the government’s energy policy, a move that could undermine further talks of a nuclear renaissance.
Executives from big energy companies are set to appear in front of an influential committee of MPs amid concerns that Britain’s “nuclear renaissance” is under threat.
Energy supplier, British Gas, has admitted it will have to replace many of the 400 000 smart meters it has installed in UK homes – after new Government guidelines found they were not smart enough.
The parent company of British Gas, Centrica, has today signed a 10-year deal with Statoil for the supply of 50 billion cubic metres of gas to the UK.
Centrica’s North American arm Direct Energy is to buy Texas-based energy retailer First Choice Power for $270m.
Centrica plans to build an 80 MW biomass power that would operate from about 2016 in Cumbria, in the north of the UK, on the site of gas fired power station due to close about that time.
RWE and E.ON – Germany’s leading power producers – remain among the six utilities planning to build reactors in the UK despite Germany’s nuclear phase-out, reports Bloomberg.
GE Energy has agreed to buy 90 per cent of Converteam from a controlling shareholder group that includes management, Barclays Private Equity and LBO France, for $3.2bn.
