We believe nuclear power has a key role to play as part of the solutions to climate change and ensuring secure and affordable supplies of energy.
Our parent company, the EDF Group has unique experience in building and running nuclear power stations as the world's largest nuclear power generator with 58 plants.
EDF has indicated publicly for over three years that it would be interested in investing in a new generation of nuclear plants for the UK. We aim to invest in up to four new plants with the first operational by 2017.
We have unique experience and understanding of the finances of new nuclear and we are confident that new plants can be built and run safely and economically without subsidy. That includes all the costs associated with construction, operation, decommissioning and waste disposal.
We believe nuclear power has a key role to play as part of the solutions to climate change and ensuring secure and affordable supplies of energy.
The UK Government has concluded that nuclear power should have a role in the generation of electricity and that the electricity industry should be allowed to build and operate new nuclear power stations, subject to normal planning and regulatory requirements.
Our proposed plants would be based on the European Pressurised water Reactor (EPR) technology which is being constructed by EDF in Normandy, France.
We initiated the design approval process with our partners AREVA in the second half of 2007. The process is scheduled to last for three and a half years.