China’s state-owned nuclear industry has secured a major European foothold with deals announced on Oct. 21 for the first new plants in the U.K. in more than two decades.
Construction of the two 1,660-MW European pressurized-reactor (EPR) water units, valued at more than $22 billion, is set to start next summer on the Hinkley Point C project, in Somerset, England, subject to final financing decisions next year by the French project developer EDF Group.