Nuclear New Build Generation Company (NNB GenCo) is a subsidiary created by EDF Energy to build and then to operate two new nuclear power stations in the United Kingdom. The new plants are to be Hinkley Point C and Sizewell C and will eventually produce up to 6.4 GW in total.[1]
| Industry | Nuclear power |
|---|---|
| Founded | 2009 |
| Headquarters | United Kingdom |
| Products | Electricity |
EDF initially entered the UK nuclear industry with the acquisition of British Energy in 2009. At the same time, EDF established NNB GenCo as a separate subsidiary for the construction of additional new nuclear plants. Centrica purchased a 20% stake in British Energy from EDF, and also had an option to acquire 20% of NNB GenCo,[2] but on 4 February 2013, Centrica stated it would withdraw from the project.[3]
The company's plans include building four new nuclear reactors adjacent to existing plants, two at Hinkley Point C in Somerset and two at Sizewell C in Suffolk. Framatome's (previously Areva) European Pressurized Reactor is the preferred design for the sites.[4]
See also
editReferences
edit- ^ "New Build". Nuclear Industry Association. Archived from the original on 2015-09-25. Retrieved 2011-11-24.
- ^ "Centrica to invest in EDF nuclear business in the UK". Centrica. Archived from the original on 2011-11-25.
- ^ "Centrica pulls out of new UK nuclear projects". BBC News.
- ^ "EDF, Centrica spend $300 million on new UK reactor program". Platts.