EDF announces nuclear cooperation deal with Chinese

The possibility of Chinese involvement in Britain’s new nuclear power generation industry has come alive after EDF (Euronext: EDF) announced a long-term cooperation deal with China Guangdong Nuclear Power Holding (CGN).

The French-owned utility company, whose Hinkley Point C proposals are the most advanced for UK new nuclear, have formed a tripartite agreement with compatriot company, Areva, and the Chinese firm.
Henri Proglio of EDF
According to Utility Week, the three are to work together on the building of two reactors in Taishan and improving safety, maintenance and performance of CGN's existing reactors.

They will also "consider cooperation in future international projects". CGN has long been rumoured to be first in line to invest in Hinkley Point C if it goes ahead.

Henry Proglio, chief executive of EDF, said the agreement "will benefit the whole nuclear sector in France".

At the same time, EDF announced a deal with electricity generation company the China Datang Corporation to co-develop thermal power stations in China and the world.

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