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EDF and Centrica to extend life of two UK nuclear power plants to 2030 (updated)

UPDATE 1-EDF and Centrica to extend life of two UK nuclear power plants to 2030

Changes sourcing to EDF, adds detail from paragraph 2

- France's EDF Energy and Britain's Centrica CNA.L will extend the lives of the Heysham 1 and Hartlepool nuclear power plants in Britain for a further two years to March 2030, they said on Wednesday.

  • The extensions will help Britain in its goal to generate about 95% of its electricity from low-carbon sources by 2030.

  • The Heysham 1 and Hartlepool plants in northeast England have combined capacity of about 2.3 gigawatts and have had several extensions to their operational lifetimes.

  • The move will support 1,000 jobs across the two sites for a longer period and could boost nuclear output by 28 terawatt hours over the two-year period, enough to power 8.4 million homes, EDF said.

  • The decision was taken after a detailed review covering technical aspects such as the condition of the boilers and the graphite cores, as well as supply chain resilience and workforce planning.

  • EDF owns 80% of Britain's operational nuclear fleet while Centrica has a 20% stake in the plants.


(Reporting by Susanna Twidale in London and Ankita Bora in Bengaluru
Editing by Devika Syamnath and David Goodman
)

((Ankita.Bora@thomsonreuters.com;))

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