Hinkley Point 'Plan B' denied by Chinese state-owned energy giant

An energy giant owned by the Chinese state has denied it plans to step in with a "Plan B" at Hinkley Point should a £21 billion deal with the French collapse.
China General Nuclear Power Corporation (CGN) issued the denial after former energy secretary Lord Howell told the Lords the Chinese were prepared to "bypass EDF altogether" at the Hinkley C project in Somerset.
Decisions on the scheme's future have been delayed and concerns have been raised over the French state-owned firm to take on the huge cost of building the plant.
The French energy company recently revealed... read more