In October last year, EDF agreed a deal under which China General Nuclear Power Corporation (CGN) would pay a third of the cost of the 18bn project in exchange for a 33.5 stake and is seeking help from the French government, which owns 84.5 of the UK's electricity once it is operational The company is also facing opposition from French union officials, who have suggested that investment in Hinkley Point C should be delayed until 2019. The CFE-CGC Energy union said there were problems with a similar reactor design in France that needed to be solved. The new Hinkley plant - to be built next to two existing facilities - is due to start generating in 2025, and is expected to provide 7% of the UK's electricity once it is operational. But the project was originally due to open in 2017, and it has come under fire for both its cost and delays to the timetable for building. The government has also been criticised for guaranteeing a price of 92.50 per megawatt hour of electricity - more than twice the current cost - for the electricity Hinkley produces.
Originally found athttp://www.bbc.com/news/uk
EDF finance chief 'quits' over Hinkley Point nuclear plant - BBC News
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