UK energy security boost as EDF eyes investment to extend life of nuclear plants
The company says its investment proposals are subject to regulatory and other approval but it describes them as a potential boost for the UK's energy security.
EDF Energy has revealed investment plans to extend the lives of its operational nuclear power plants in the UK.
The French state-owned firm said its proposals, which are subject to regulatory approval and a final investment decision, would bolster energy security at a time when the world is seeking emission-free power amid the battle against climate change.
The plans would see its advanced gas-cooled reactors (AGRs) at the Torness, Heysham 1 and 2 and Hartlepool plants maintain output at current levels for "as long as possible."
It is also examining the potential for its Sizewell B plant to run for 20 years longer than scheduled.
The company said it aimed to make a decision on the viability of its plans by the end of the year.
It plans a £1.3bn investment, should the project receive the green light and it is deemed commercially viable.
The reactors at Hartlepool and Heysham 1 have been generating electricity for 40 years and have already formed part of a £7bn investment to extend the lives of EDF's plants since 2009.
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