EDF Energy has said it will not begin the next phase of works on the £16bn Hinkley Point C new nuclear project until a final investment decision has been made.
In a statement released yesterday the energy company said that its preparation work for the proposed nuclear power station was nearing completion, including roadworks currently in progress at Taunton Rd/Broadway in Bridgwater, the Washford Cross roundabout in West Somerset and the Cannington bypass.
But it said: “The next phase of work on site and in the associated developments will require a substantial increase in spending levels, and will begin as soon as the final investment decision has been made.”
It added: “In the meantime work to ensure the project’s readiness will continue, including project planning, engineering design and commercial supply chain activities.”
EDF said it has made ‘good progress’ with the government on work to finalise the agreements, which will enable a final investment decision. It said there was also ‘progress’ with the project’s future investment partners. The final investment decision is unlikely to be made before the election.
EDF has already made a significant investment in terms of project work including earthworks, drainage works and culvert construction, concrete production facilities and welfare facilities as well as roadworks.