United Kingdom: EDF decision sets back UK nuclear power plans

Guardian: Gordon Brown’s plans to initiate the construction of a new generation of nuclear power stations suffered a setback today after the dramatic collapse of a £12bn takeover deal for British Energy. The French power giant EDF abandoned its plans to buy British Energy, the nuclear power group, after negotiations broke down unexpectedly at the last minute over the price. The decision will hold up the construction of new nuclear power stations, which the prime minister believes are …

Original post by miscellaneous

This entry was posted in Blogroll. Bookmark the permalink. Both comments and trackbacks are currently closed.