CGN: ‘Too early’ to judge Hink­ley costs

China Daily (Hong Kong) - - BUSINESS -

en­ergy, we be­lieve it is a right choice to make the in­vest­ment in the coun­try,” CGN said.

The Hink­ley nu­clear project will be more com­pet­i­tive in the mar­ket by then, com­pared with other clean en­ergy op­tions like wind and so­lar power, it added.

CGN signed an agree­ment on the 18 bil­lion pound Hink­ley Point C power plant with French util­ity EDF and the Bri­tish govern­ment last Septem­ber, which has been hailed as a gate­way to pro­mote Chi­nese nu­clear tech­nol­ogy.

Tan Jian­sheng, CGN vice­gen­eral man­ager, told China Daily ear­lier that the com­pany’s in­vest­ment in Bri­tain, in­clud­ing Hink­ley Point C in Som­er­set, Brad­well power sta­tion in Es­sex and a power sta­tion at Sizewell in Suf­folk, shows that China is shift­ing from be­ing a nu­clear tech­nol­ogy im­porter to an ex­porter.

The pro­posed Brad­well project con­sists of two of China’s home­grown Hua­long One re­ac­tors, each with an out­put of 1.15 gi­gawatts.

CGN and EDF have worked to­gether for more than 30 years on nu­clear devel­op­ment and con­struc­tion in China.

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