“Dr Doug Parr, Greenpeace policy director, said: “EDF’s accounts show growing debts and falling earnings. EDF management and employees warn taking on further risk could easily spell disaster for the company. Hinkley is a bad investment and most people with an ounce of financial acumen have now come to realise this.”
Greenpeace is now putting pressure on Chancellor George Osborne to drop his support for the project.
“Hinkley will be one of the most expensive objects on earth,” Dr Parr said. “George Osborne is happy to force this year’s school-leavers to pay over the odds for it until they are about to draw their pensions.
“But wind and solar power could be subsidy free well before Hinkley could ever come on stream.”
Still awaiting the Heart of the South West Local Enterprise Partnership pres
take on this and its plans for if we do exit the European union …
East Devon Watch 
Well well well.
http://www.bbc.co.uk/news/uk-england-23110261
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Read between the lines: this is a decision to decide later!
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Paul Dorfman of the UCL Energy Institute, told BBC Radio 4’s Today programme (16 Feb): “Unfortunately, with the best will in the world, it may just not happen. Chris Bakken, the man charged by EDF to construct Hinkley Point, has quit to spend more time with his family, EDF shares have crashed to half their value a year ago; the budget for Hinkley alone is bigger than EDF’s entire market value.
“Areva – EDF’s construction arm – has been bankrupted by the huge costs and time overruns for the same brand of reactor they want to build at Hinkley, so it seems there’s a good chance that it simply may not happen.”
http://www.bbc.co.uk/news/business-35583740
So it’s not going to happen anytime soon, even though two Nations’ amour propre is at stake. Not until the “very serious anomalies in the reactor vessel” at the demonstrator in Flamanville (already three times over budget) have been resolved for starters.
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