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> that the UK has guaranteed, presumably for the lifespan of the plant, which is 60 years https://www.gov.uk/government/collections/hinkley-point-c https://www
by chickenbig 2y ago
> that the UK has guaranteed, presumably for the lifespan of the plant, which is 60 years
https://www.gov.uk/government/collections/hinkley-point-c https://www.gov.uk/government/collections/hinkley-point-c
The Hinkley Point C CfD provides a Strike Price for the developer of £92.50/MWh (2012 prices), reducing to £89.50/MWh (2012 prices) if EDF take a FID on their proposed Sizewell C project, for a 35 year term from the date of commissioning.
> I presume that will be a net gain for France
I think the project has a certain momentum to it. Also failing to complete the project would rather call into question their competence for the EPR2 build-out in France.