French energy giant EDF is set to clash with the Treasury over state funding for nuclear power plants as Britain’s atomic future faces a watershed moment.
Jean-Bernard Lévy, Chairman and CEO of Electricité de France, will meet with Chancellor Rishi Sunak on Wednesday by video link to demand clarification on British plans to finance nuclear energy.
The industry was rocked this month when Hitachi left its Horizon project to build a £ 20 billion factory in Anglesey.
This shocking retreat, after years of procrastination by Westminster over state support for nuclear power and turmoil in the Japanese nuclear industry, has left only EDF and China General Nuclear with plans for power plants. nuclear in the UK.
EDF and China are building up the delay and