Nu­clear power tri­umphs in chal­lenge from Vi­enna

The Daily Telegraph - Business - - Business -

Aus­tria has lost its fight against Bri­tain’s Hink­ley Point C nu­clear power sta­tion af­ter Europe’s top court ruled that state aid for the project was le­gal. Aus­tria has long op­posed nu­clear power and chal­lenged the project with back­ing from Lux­em­bourg. De­vel­op­ers EDF and China’s CGN will get gov­ern­ment­guar­an­teed prices for Hink­ley’s elec­tric­ity when it comes on­line.

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