The progress of renewables and storage, and a drop in power demand since 2007, when the plant was first planned, mean projected delays in the Hinkley Point C project will not threaten UK energy security in the short term, according to EnAppSys.
The British government, EDF and China General Nuclear Group have signed an agreement to commence development of Britain's new generation of nuclear power plants, 12 years after then Prime Minister Tony Blair kick-started the process with his party's energy review.
The Nuclear Industry Association's annual conference saw a broad consensus from both industry and non- industry leaders of the need to retain public confidence in the sector as any strides made were deemed to be inconsequential without it.
Works on the Hinkley Point C nuclear power project in western England are set to commence "within weeks" after a multibillion pound deal between French energy group EDF and China's CGN was unveiled on Wednesday.
The chief executive of EDF Energy, Vincent De Rivaz, says the final investment decision on Hinkley Point C nuclear power plant is close to hand following rigorous planning, but took aim at what he called Ã¢€Ëœdoubters and procrastinators' whose ends were to derail the project.
Hopes expressed by the CEO of French utility EDF, Vincent De Rivaz, that negotiations with Chinese co-investors on the Hinkley Point project would be concluded by the end of March look set to be dashed.