🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

EDF Energy extends Hunterston B-7 UK nuclear outage until Dec. 18

Published 08/10/2018, 13:09
Updated 08/10/2018, 13:10
© Reuters. Signage is seen for the EDF energy company on a building near the Hinkley Point C nuclear power station near Cannington in southwest England
EDF
-

LONDON (Reuters) - EDF (PA:EDF) Energy has extended an outage at its Hunterston B-7 nuclear reactor in Britain until Dec. 18, it said on Monday.

The reactor, which can produce enough electricity to power more than 800,000 homes, has been offline since March when cracks were found in its core during a routine inspection.

It was initially scheduled to return to service on Nov. 17, but EDF Energy said it had extended the outage to allow the company more time to demonstrate a safety case, needed before Britain's nuclear regulator will allow the unit to resume service.

"The safety case demonstrating safe operation for the next period of operation is now being assessed internally including with our independent experts," a spokeswoman for EDF Energy, the British arm of France's EDF, said via email.

"Once this process is completed, the safety case will be submitted to the nuclear regulator for their assessment," the spokeswoman said.

EDF Energy's 15 nuclear reactors provide around 20 percent of Britain's electricity.

However almost half of this capacity, including Hunterston which is over 40 years old, is due to go offline by 2025.

© Reuters. Signage is seen for the EDF energy company on a building near the Hinkley Point C nuclear power station near Cannington in southwest England

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.