trending Market Intelligence /marketintelligence/en/news-insights/trending/6ci6LO1fzjENQfzl6oOAkA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: EDF seeks funding for Sizewell nuclear project in UK

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 28, 2020

Essential Energy Insights - May 14, 2020

Report: EDF seeks funding for Sizewell nuclear project in UK

Electricité de France SA is looking for funding for its Sizewell C nuclear project in the U.K. and tapped Rothschild as its financial adviser in the matter, The Times reported Jan. 13.

Mounting construction costs at the project are hindering its completion, but the French government-owned utility said it can keep going through economies of scale. EDF is also developing the Hinkley Point C nuclear project in the U.K. and said it can manage certain construction costs by sharing equipment and labor at the two sites.

However, EDF's project development director at Sizewell, Jim Crawford, said in a community town hall that if the funding proposals fall out of a certain range, the project could be terminated. Crawford has since retired, The Times reported.

Hinkley Point C is not out of the woods itself. Its construction costs have risen between £21.5 billion and £22.5 billion, from the initially approved price tag of £18 billion. EDF said Sizewell C's construction cost could be nearly 20% lower than Hinkley Point C.

For Sizewell, EDF has proposed a funding mechanism under which customers will foot the bill for construction, but that proposal is still pending the U.K. government's approval. It may cut borrowings but will have customers pay for cost overruns.

Each of the two new plants is planned with a capacity of 3,200 MW.