LONDON — The U.K. government is in talks with its French counterparts about purchasing back three nuclear sites from state-owned energy giant EDF, as Whitehall looks to take control of the upcoming expansion of nuclear power.
U.K. ministers are discussing buying up Bradwell B, Heysham and Hartlepool, a French government official confirmed to POLITICO.
“There have been discussions. For the moment, no decision has been taken and discussions are continuing,” the official said.
Two senior industry figures based in the U.K., familiar with government planning and granted anonymity to discuss sensitive plans, also said negotiations over the purchase of the three sites were ongoing.
Energy Secretary Ed Miliband and French Minister for Industry and Energy Marc Ferracci discussed the negotiations on the margins of the International Energy Agency Summit in London earlier this week, the official added.
Neither the Department for Energy Security and Net Zero nor the U.K. Treasury responded to a request for comment ahead of publication.
The next key moment could come in July as part of a proposed French-U.K. summit.
Any move to bring the sites into state ownership would come as the U.K. mulls the most ambitious revival of nuclear power in a generation.
At a conference last December, Miliband insisted nuclear was essential for an an “all of the above approach” to energy security and low-carbon power, and told investors “my door is open” for future nuclear projects, as the U.K. bids to hit its legally-binding target of net zero carbon emissions by 2050.
“We need nuclear, we need wind, we need solar, we need batteries … we need hydrogen, we need carbon capture. And nuclear has a particular role to play in finding clean, stable and reliable power,” he said.
The ‘obvious’ sites
All three sites are owned by French firm EDF, a company in which the French state is the sole shareholder, handed over in a deal struck in 2023.
An EDF spokesperson declined to comment on any discussions but said: “EDF would welcome developments that enable ongoing employment opportunities at our sites, once existing stations close.
“Our sites have numerous benefits, including a skilled workforce, grid connections and supportive communities that are used to nuclear power and the economic benefits the existing stations bring.”
The U.K. has not built a new nuclear power plant since Sizewell B was opened in 1995. The much-delayed Hinkley Point C is at risk of not being completed until 2031, and the government is still weighing up a final investment decision for sister plant Sizewell C.
Meanwhile Great British Nuclear (GBN), the arms-length body set up under the last Conservative government, is overseeing the final stages of the late-running competition to build mini-nukes in the U.K., known as small modular reactors (SMRs).
GBN owns two sites — Oldbury and Wylfa — which were brought into state ownership by former Chancellor Jeremy Hunt last year.
A decision on awarding SMR contracts is now expected this summer. If the government goes ahead with its plans to boost nuclear capacity and award SMR contracts to multiple bidding companies, it will need more than two sites to host the work.
“If the government are going to expand gigawatts [capacity] as well as SMRs, they’ll need more sites, and those [three sites] are the obvious ones left over from EN-6 [the U.K.’s shortlist for projects],” a third industry figure said.
Heysham and Hartlepool both include operating nuclear power plants, which are set for decommissioning in stages across 2027 and 2030 respectively.
By contrast, Bradwell B, once earmarked for new nuclear, is a now vacant plot of land. The site is still owned by EDF but is currently being leased by China General Nuclear (CGN) Power, which stopped advancing their mooted project in 2022.
This means any takeover of the site could include a payout to the Chinese state-backed company, in line with £100 million-plus buyout of CGN’s stake in Sizewell C in 2022.
The developments could also pave the way for Wylfa to be reserved for a third gigawatt scale power plant, alongside Hinkley Point C and Sizewell C.
The post UK in talks to buy back nuclear sites from French firm EDF appeared first on Politico.
