An EDF board member has opted to resign ahead of a vote expected today on whether to go ahead with the Hinkley Point C nuclear power project in England.
One of 18 board members, Gerard Magnin comes from a renewable energy background and he had become disillusioned when EDF decided to continue to prioritise nuclear ahead of renewables. He also felt the £18bn Hinkley project was too risky and jeopardised the survival of the company.
“As a board member proposed by the government shareholder, I no longer want to support a strategy that I do not agree with,” Magnin wrote to chief executive Jean Bernard Levy.
“Let’s hope that Hinkley Point will not drag EDF in the same abyss as Areva,” said Magnin, founder of Energy Cities, an association of European cities working towards the energy transition.
Magnin’s move follows the surprise resignation of EDF’s chief financial officer Thomas Piquemal in March.
Union sources told Reuters the six union members on EDF’s board would vote against Hinkley Point. A non-union board member, who was not aware of Magnin’s resignation letter, told Reuters he expected there could be one or two abstentions but that there was no doubt the UK project would be approved.
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