Share Prices & Company Research

Market News

27 Jan 2021 | 08:30

EDF delays start of UK Hinkley Point nuclear plant

(Sharecast News) - French energy company EDF said the launch of its Hinkley Point C nuclear plant project in Britain would be delayed until June 2026 as it also lifted cost forecasts.

"The project completion costs are now estimated in the range of £22bn - £23bn," the company said in a statement on Wednesday, against a 2019 estimate of £21.5bn - £22.5bn.

"The start of electricity generation from (Hinkley's) Unit 1 is now expected in June 2026, compared to end-2025 as initially announced in 2016," it added.
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 30th April 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.