Brussels, 19/12/2013 (Agence Europe) - On 18 December, the European Commission opened an in-depth investigation to examine whether UK plans to subsidise the construction and operation of a new nuclear power plant at Hinckley Point by establishing a feed-in tariff ensuring that the operator of the Hinckley Point nuclear plant will receive a stable revenue for a period of 35 years despite the volatility of the wholesale electricity price, are in line with EU state aid rules.
The contract with...