Hinkley C: the merits of indecision
Diggers at the site for Hinkley C could possibly be wasting their time. (PA)
UK energy policy over the past couple of decades has been characterised by indecision, but even by recent standards the government’s plans to review the Hinkley Point C nuclear deal is eye-catching.
France’s EDF, which is financing most of the £18 billion ($23.7 billion) project alongside China Nuclear Power Corp., received a positive FID from its board on Thursday. However, Greg Clark – the new secretary of state for business, energy and industrial strategy – told EDF on Friday that the UK government needed more time to "consider carefully all the component parts of this project".