Hinkley Point deal under threat from EU ruling

On March 21, 2019, EU officials approved a Brexit delay until May 22, 2019, if the Prime Minister Theresa May’s withdrawal agreement with the EU is approved by UK Parliament. If the deal is not.

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Hinkley Point C will cost. to EDF on Hinkley C amount to illegal state aid under EU rules.". is to turn a blind eye to the illegality of the Hinkley deal as some kind of quid pro quo for.

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The UK Government has agreed a minimum price of 92.50 (US $153) a megawatt hour from a new nuclear power station at Hinkley Point in the west of England from 2023 – roughly double the existing price of electricity in Britain. The price will rise with inflation and runs for 35 years, a deal unprecedented in the energy sector, and not.

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A new 24.5bn nuclear power station at Hinkley Point in Somerset is to go ahead after it received final approval from European Union regulators. The European Commission said Britain had agreed to.

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EU judges have upheld a decision allowing the UK government to subsidise nuclear facilities at the new Hinkley Point power station after Austria said the ruling breached EU state aid rules.

Details of the European Commission’s specific concerns about the UK government’s agreement with EDF Energy for Hinkley Point C have been released. The UK maintains its agreement meets EU law on state aid. The deal between the British government and EDF says that the former would pay the difference.