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EU to examine govt aid for UK nuclear dealBrussels (AFP) Oct 22, 2013 The European Commission said Tuesday it would examine British government support for a massive 19-billion-euro nuclear plant to be built by French and Chinese firms. London announced Monday plans for two reactors to be built by French energy giant EDF, backed by the world's leading nuclear power company, Areva of France, and Chinese nuclear firms CGN and CNNC. Controversially, the deal guarantees the price for electricity produced over 35 years at about double the prevailing rate - with the gov ... read more |
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