EDF and Chinese investors reach agreement on Hinkley Point C

EDF's 3.2 GW Hinkley Point C nuclear power plant has edged closer to reality with the announcement of a Heads of Agreement being signed between EDF and its Chinese partners. The plant will be the first nuclear facility to be commissioned in the UK since 1995. Hinkley Point C represents the first step for China’s investment in the UK's nuclear industry, but perhaps the greater prize are the development rights for a new Chinese-designed and built reactor at Bradwell in Essex. China is looking to export its own nuclear technology and will be keen to demonstrate that it can deliver reactors in a market with one of the world's strictest nuclear safety regimes.