EDF & Unrealistic Fiscal Dreams

If anyone thinks EDF will find the money to build a new nukiller reactor at Hinkley, then they should start to look at the companies financial situation.

In last decade the share price has fallen from around 85 Euro to that of between 9 & 10 Euro.

Meanwhile the guestimated costs of the plant continue to rise.

It is because of these costs that the nukiller industry is now starting to push for smaller and what they say are cheaper reactors.

In the meanwhile UK energy consumption has dropped, and 25% of it is produced by wind turbines and other renewables.

 

To quote the quote: –

Just Do The Maths.