According to a report by The Guardian, EDF Energy has put the award of a £1.2 billion ($1.9 billion) civil engineering contract for a new nuclear power station at Hinkley Point in Somerset on hold.
Two consortiums led by Balfour Beatty and Laing O'Rourke expected to have heard about the huge deal last week, but now expect no decision until 2013 at the earliest. The move is a blow to employment prospects in the area and comes weeks after £100 million ($160 million) worth of site preparation was postponed.
The UK is planning 16GW of new plants to replace the current fleet of reactors that are scheduled to come offline over the coming decade. E.On, RWE and SSE have all pulled out of building new projects, leaving the new nuclear program almost entirely dependent on EDF. Read More>>>>
Two consortiums led by Balfour Beatty and Laing O'Rourke expected to have heard about the huge deal last week, but now expect no decision until 2013 at the earliest. The move is a blow to employment prospects in the area and comes weeks after £100 million ($160 million) worth of site preparation was postponed.
The UK is planning 16GW of new plants to replace the current fleet of reactors that are scheduled to come offline over the coming decade. E.On, RWE and SSE have all pulled out of building new projects, leaving the new nuclear program almost entirely dependent on EDF. Read More>>>>
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