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Business\Companies

Hinkley project powers ahead

By LEI XIAOXUN/CECILY LIU | China Daily UK | Updated: 2017-09-01 18:10

Construction work at the Hinkley Point C nuclear power plant is continuing around the clock for what is seen as a high-profile example of international clean energy cooperation among Britain, France and China.

More than 1,900 men and women are involved in the building project on the Bristol Channel.

The busy site is a sign that the UK is on track to secure its future energy security, despite the EDF announcement in July of potential risks of delay and budget overruns.

China General Nuclear Power Corp-or CGN-is investing 6 billion pounds ($7.74 billion) into Hinkley, which is one-third of the 18-billion-pound project.

The deal was signed between the Chinese and French partners in October 2015 during President Xi Jinping's state visit to the UK. It received formal approval by the British government led by Prime Minister Theresa May in September 2016.

Hinkley Point C's lead investor, the French utility company EDF, remains confident about the project's ability to deliver. It says CGN will bring valuable experiences to help Hinkley stick to time and budget.

Hinkley program can also learn from China's Taishan nuclear power station, which involves two reactors built by EDF and CGN using the same technology-the European Pressurized Reactor, said Richard Mayson, a senior director at EDF.

Developed by EDF, EPR technology attracted concerns when its implementation at Flamanville, in France, and Olkiluto, in Finland, was beset by delay and budget overrun.

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