Difference between revisions of "China General Nuclear Power Group"

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==Negotions with EDF Energy==
 
==Negotions with EDF Energy==
In 2013 the China General Nuclear Power Group was in EDF is in negotiations with [[EDF Energy]] to invest at Hinkley. According to the Sunday Times, it is believed that the Chinese firm is willing to take up to a 50 per cent stake, 'but only if it is granted some operational control, as opposed to being a passive financial investor'. <ref>Danny Fortson [http://www.thesundaytimes.co.uk/sto/business/Industry/article1310872.ece Davey woos China over nuclear plants], ''Sunday Times'', 8 September 2013 </ref>
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In 2013 the China General Nuclear Power Group was in negotiations with [[EDF Energy]] to invest at Hinkley. According to the ''Sunday Times'', the Chinese firm is believed to be willing to take up to a 50 per cent stake, 'but only if it is granted some operational control, as opposed to being a passive financial investor'. <ref>Danny Fortson [http://www.thesundaytimes.co.uk/sto/business/Industry/article1310872.ece Davey woos China over nuclear plants], ''Sunday Times'', 8 September 2013 </ref>
  
 
==External resources==
 
==External resources==

Revision as of 03:48, 11 September 2013

Nuclear spin.png This article is part of the Nuclear Spin project of Spinwatch.

The China General Nuclear Power Group (Chinese: 中国广核集团), formerly China Guangdong Nuclear Power Group (Chinese: 中国广东核电集团), is a major nuclear power corporation under the SASAC of the State Council.

Background

CGN currently owns Guangdong Daya Bay Nuclear Power Station (GNPS) and Ling Ao Nuclear Power Station (LNPS) Phase I with nearly 4000 MWe of installed generating capacity,[1] and there are six new nuclear power stations under construction with another 4 in plan.

Negotions with EDF Energy

In 2013 the China General Nuclear Power Group was in negotiations with EDF Energy to invest at Hinkley. According to the Sunday Times, the Chinese firm is believed to be willing to take up to a 50 per cent stake, 'but only if it is granted some operational control, as opposed to being a passive financial investor'. [1]

External resources

Notes

  1. Danny Fortson Davey woos China over nuclear plants, Sunday Times, 8 September 2013