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Grauniad: Commentary on whether EdF should pull the plug on HPC
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Brian Gaff
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Grauniad: Commentary on whether EdF should pull the plug on HPC
Maybe there is an agreement from UK Government to underwrite any losses
until its built and running at a profit. I mean if the UK are so sure its a
winner, why not?
Brian
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An interesting read. Mainly looks at EdF's finances and how much of a
risk taking on HPC would be.
The article states that the finance director of EdF resigned because he
wanted to delay committing to HPC until their reactor at Flamanville is
finished and they are able to audit it and come up with a final cost. A
sensible move, but the board appears not to have agreed.
http://www.theguardian.com/commentis...hinkley-point-
costly-mistake-france-britain-edf
or
http://tinyurl.com/jx93qrp
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