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EDF, which had recently reported a 68% fall in net profit, was still looking at how it would finance its share of the project. With EDF's share price having halved over the preceding year, the cost of the Hinkley Point C project now exceeded the entire market capitalisation of EDF. EDF stated that "first concrete", the start of actual ...
In the United Kingdom, a feed-in tariff of £92.50/MWh at 2012 prices (currently the equivalent of €131/MWh) [107] plus inflation compensation was set in 2013 for the new nuclear power plant to be built at Hinkley Point C, with a term of 35 years. At that time, this was below the feed-in tariff for large photovoltaic and offshore wind plants ...
EDF expects significant time and cost savings compared to the near-identical sister plant, Hinkley Point C. [citation needed] The projected construction cost of £20 billion (including "expected inflation and contingencies") for Sizewell C in the 2020 development consent submission [40] is 25% higher than the £16 billion (2012 prices ...
The revised operating date for the nuclear power station is now June 2027 and the budget has increased to £25 billion as Covid delays are blamed.
The new plants are to be Hinkley Point C and Sizewell C and will eventually produce up to 6.4 GW in total. [1] EDF initially entered the UK nuclear industry with the acquisition of British Energy in 2009. At the same time, EDF established NNB GenCo as a separate subsidiary for the construction of additional new nuclear plants.
As a cost comparison, Hinkley Point C nuclear power station (also being built on the Severn Estuary) will cost £25bn, and deliver 3.2GW of power sold at £92.50 per megawatt hour (MWh) of electricity generated for the 35 years of the contract. [46]
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Low-cost index funds vs. ETFs vs. mutual funds You can buy low-cost index funds as either an ETF or a mutual fund, and well-known indexes such as the S&P 500 will have both available. The list ...