French auditor recommends EDF delay investment decision in UK Sizewell


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France’s state auditor says French nuclear company EDF should not make a final investment decision on the UK’s Sizewell C reactor project until it has reduced its exposure to Hinkley Point C.

In a report published on Tuesday, France’s Cour des Comptes also said that EDF must ensure that any international projects must make “estimated profits” and must not delay the bags program French nuclear project.

The auditors’ comments were not linked to Financial Times reporting that the cost of building the Sizewell C project in Suffolk likely to reach £40bnthe estimate will double in 2020. Delaying the final investment decision from EDF could stop the project and increase costs.

Asked about the FT report, a spokesperson for the Cour de Comptes said that, given the rising costs of other projects, this increase seemed “logical”.



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