Energy firm EdF Energy has said it will not give a date on when electricity will be generating from new nuclear power station Hinkley Point C until after the firm has made its final investment decision at the end of next year.
EdF project director for Hinkley Point C Chris Bakken told NCE yesterday that the firm needs a development consent order (DCO) from the Infrastructure Planning Commission (IPC) and fixed finance arrangements for revenue resulting from the energy market reform.
Bakken said the government needs to confirm feed in tariff information for nuclear power with EdF first, and establish the funded decommissioning plan before the firm can make its final investment decision. The government’s energy market reform is out for consultation, with further information expected towards the end of the year.
The IPC is considering EdF’s Hinkley Point C planning application with a decision expected at the end of the month. If accepted, the IPC will publish a timetable for when the power station will be formally accepted, with a DCO expected late next year.
“In 2012 we should find out more about these two key enablers,” said Bakken. “But we need to know them before we can answer the question [when electricity will be generated from Hinkley Point C].” Previously EdF’s stated target was to begin electricity generation at Hinkley Point C in 2017.