A victory for Marine Le Pen's National Front party in France's 23rd April general election could mean the end of EDF's involvement in the $22.4bn Hinkley Point C nuclear power project in southwest England.
The British and French governments are set to formally sign the deal to progress with Hinkley Point C nuclear power plant today, two months to the day since Prime Minister Theresa May postponed the initial UK decision.
The Chinese ambassador to the UK has raised the stakes in terms of future trade and investment relations between both nations, by identifying the forthcoming decision on Hinkley Point C as a Ã¢€Ëœcrucial juncture.'
The delay in the Government's decision on Hinkley Point C is the latest example of how changes and uncertainty in policy direction are continuing to have a serious and unprecedented impact on important energy sector investment decisions.
To add to an already complex situation, countries legally objecting to a European Commission decision to facilitate the construction of Hinkley Point C, a new nuclear power plant in the UK, have confirmed they are determined to pursue their case.
The National Audit Office (NAO), the UK's government spending watchdog says the Hinkley Point C nuclear power project could cost energy consumers Ã‚Â£30bn in "top-up payments" due to falling wholesale power prices.