Are new nuclear projects in trouble already?

摘要

Although everyone was expecting the European Commission to launch a state aid investigation into the government's deal with EDF for a fixed price for electricity from its planned Hinkley Point C nuclear plant, the breadth of the investigation should be a concern for all working in the infrastructure sector. Alongside the strike price deal the commission is probing the UK Guarantee being given to the project. If it decides that this breaches state aid rules it could have resonance far beyond nuclear new build to a whole raft of infrastructure projects. That would be a massive blow to the construction sector as a whole.