The UK government is reportedly looking to exclude China General Nuclear (CGN) from taking part in all future power projects in the country.
Exclusion of China’s state-owned nuclear energy company from the consortium planning to build the £20bn (US$27.4bn) Sizewell C nuclear power station in Suffolk is also being considered, the Financial Times reported, citing people close to the discussions.
The measure is also expected to impact CGN’s proposals to build a new plant at Bradwell-on-Sea in Essex. The company plans to use its own Hualong HPR1000 reactor technology for the nuclear power plant. The reactor design is currently under review by the UK regulators for approval.
The nuclear collaboration agreement between the UK and China was reached in 2015. The deal proposed a 20% stake for CGN in the development of the planned Sizewell C plant as well as an option to take part in its construction.
Under the agreement, China was allowed to make an investment in the 3.2GW Hinkley Point C nuclear power facility in Somerset. It also enabled CGN to become the lead developer of the proposed Bradwell B plant.
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