Signing of contract agreeing price EDF will earn for energy produced by £18bn nuclear reactor means project is all but guaranteed

The contract giving Hinkley Point C the formal go-ahead is to be signed this week, with the UK government and its commercial partner, EDF, putting pen to paper on the £18bn nuclear power project.

EDF will sign a “contract for difference” on Thursday, an agreement governing the amount of money that the French state-owned energy company will receive for electricity produced by Britain’s first new nuclear power station in a generation.

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Source: Guardian Environment