Costs rise again for UK Hinkley Point nuclear project

The UK's nuclear power plans seem increasingly pricey and inviable as French utility EDF hikes development costs. Meanwhile, offshore wind offers the cheapest electricity, as recently seen in the UK's latest CfD auction.
Photo: Scanpix
Photo: Scanpix
By François de Beuapuy, Bloomberg

Électricité de France S.A. raised the estimated cost of two reactors it’s building in the UK, making Britain’s nuclear ambitions look increasingly untenable as renewables become ever cheaper to develop.

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