31 Jan 14

EDF Energy statement on publication of State Aid Phase 2 opening document

As scheduled, the European Commission has today published details of its Phase 2 investigation into the agreement for Hinkley Point C.

This step, and the planned publication in the Official Journal of the European Union, will be followed by a one month consultation. It will allow the UK Government, EDF Energy and others to show that Electricity Market Reform is essential in order to give the UK the secure, low carbon electricity it needs for the future. These aims are in line with European objectives.

The contract for Hinkley Point C is the first example of a new kind of agreement to unlock investment in low carbon energy. It is right that the Commission should investigate the far-reaching market reform which makes this and future contracts possible.

EDF will co-operate fully with the European Commission and UK Government as the investigation proceeds.