The granting of the site licence is recognition from the UK’s independent nuclear regulator that NNB GenCo, the new nuclear build subsidiary of EDF Energy, has developed the required organisation, management structure, plans and procedures needed for the construction, commissioning and operation of the proposed new nuclear power station in Somerset. The conditions of the licence require the development, implementation and maintenance of adequate safety arrangements throughout the life of Hinkley Point C.
The Nuclear Site Licence does not provide full permission for the construction of the power station and EDF Energy will require a further consent from the ONR to start nuclear related construction under the terms of the NSL. EDF Energy also requires full planning consent for the project. Having completed the examination of EDF Energy's application to build and operate a new nuclear power station at Hinkley Point C in Somerset in September, the Planning Inspectorate now has until December 21st to put forward its recommendation to the Secretary of State for Energy and Climate Change.
Today’s announcement marks further progress as EDF Energy readies itself to make the final investment decision for Hinkley Point C. The granting of a Nuclear Site License comes soon after an agreement with local councils to mitigate the impact of building the new power station and acknowledgement from regulators that the reactor design proposed for the project is on course to be approved for use in the UK this year. EDF Energy is now on the brink of delivering new nuclear at Hinkley Point C with an infrastructure project similar in scale to the London Olympics, delivering significant benefits in terms of jobs, skills and economic growth both locally and nationally.
Humphrey Cadoux-Hudson, EDF Energy Managing Director of Nuclear New Build, said:
“The award of a Nuclear Site Licence for Hinkley Point C is another crucial step forward as we ready ourselves to build the first new nuclear reactors in the UK for around 20 years, subject to our final investment decision.
“The Nuclear Site Licence serves as a vote of confidence in EDF Energy’s ability to deliver new nuclear. Following recent confirmation by the joint regulator that the EPR reactor design is on course for approval later this year, the award of the Nuclear Site Licence serves as further evidence of the strong momentum behind our new nuclear plans.
“The proposed new power station in Somerset will provide enough low carbon electricity to power five million homes and its construction will create around 25,000 jobs at site alone, giving a real boost to the economy. However, there is still a great deal of work to be done before this nationally significant infrastructure project can become a reality. We remain focused on putting the components in place that will enable a final investment decision to be made at the earliest possible date. This includes working with Government to agree a Contract for Difference that is in the best interests of both consumers and investors.”
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NNB Generation Company Ltd (NNB GenCo), the new nuclear build subsidiary of EDF Energy.
In its nuclear activities EDF Energy has partnered with Centrica, which has a 20% stake in the company’s eight existing plants and in the project carrying out pre-development work for new build. Centrica also has the option to take up to 20% stakes in each of the four planned plants.
EDF Energy is one of the UK’s largest energy companies and the largest producer of low-carbon electricity, producing around one-sixth of the nation's electricity from its nuclear power stations, wind farms, coal and gas power stations and combined heat and power plants. The company supplies gas and electricity to more than 5.5 million business and residential customer accounts and is the biggest supplier of electricity by volume in Great Britain.
EDF Energy’s safe and secure operation of its eight existing nuclear power stations at sites across the country makes it the UK’s largest generator of low carbon electricity. EDF Energy is also leading the UK's nuclear renaissance and has published plans to build four new nuclear plants, subject to the right investment framework. These new plants could generate enough low carbon electricity for about 40% of Britain’s homes. They would make an important contribution to the UK’s future needs for clean, secure and affordable energy. The project is already creating business and job opportunities for British companies and workers.
Through Our Sustainability Commitments, EDF Energy has launched one of the biggest environmental and social programmes of any British energy company. In the 2012 Business in the Community Awards for Excellence EDF Energy won the awards for Environmental Leadership and Building Stronger Communities. In addition the company received eight BITC “Big Tick” awards in recognition of responsible business practice and was shortlisted for Responsible Business of the Year.
EDF was the official electricity supplier and an official partner of the London 2012 Olympic and Paralympic Games. The company is also helping its customers and others use energy more sustainably through products and initiatives such as Team Green Britain, real time energy monitoring and electric vehicle research.
EDF Energy is part of EDF Group, one of Europe’s largest power companies. The company employs around 15,000 people at locations across the UK.
For more news from EDF Energy please see www.edfenergy.com/media-centre
To find out more about the UK's energy challenges look at www.edfenergy.com/energyfuture