NNB Generation Company

NNB Generation Company Limited
Industry Nuclear power
Founded 2009
Headquarters United Kingdom
Products Electricity

NNB Generation Company (NNB GenCo) is a subsidiary created by EDF Energy to build and then operate two new nuclear power stations in the United Kingdom. The new plants are to be Hinkley Point C and Sizewell C and will eventually produce up to 6.4GW in total.[1]

EDF originally entered the UK nuclear industry with the acquisition of British Energy in 2009. At the same time, EDF established NNB GenCo as a separate subsidiary for the construction of additional new nuclear plants. Centrica purchased a 20% stake in British Energy from EDF, and also had an option to acquire 20% of NNB GenCo,[2] but on 4 February 2013, Centrica stated it would withdraw from the project.[3]

The company's plans include building four new nuclear reactors adjacent to existing plants, two at Hinkley Point C in Somerset and two at Sizewell C in Suffolk. Areva's European Pressurized Reactor is the preferred design for the sites.[4]

See also

References

  1. ↑ "New Build". Nuclear Industry Association.
  2. ↑ "Centrica to invest in EDF nuclear business in the UK". Centrica.
  3. ↑ "Centrica pulls out of new UK nuclear projects". BBC News.
  4. ↑ "EDF, Centrica spend $300 million on new UK reactor program". Platts.

External links

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