EDF gets UK nuclear planning go ahead.

Guardian: “Plans for the first new nuclear power station for nearly a generation in the UK have got the go-ahead from the energy secretary, who has said he is granting planning consent.” “….Ed Davey told the House of Commons the French energy firm EDF would be allowed to build two new nuclear reactors at Hinkley Point in Somerset, on the site of an existing power station, which is due to close in 2023. …..However, the symbolic decision on planning permission still leaves Davey’s department for energy and climate change and EDF locked in negotiations over how much subsidy the company will get during the life of the plant. It is thought officials are discussing a contract that would guarantee the French company being paid nearly £100 for each megawatt hour of electricity produced over 30 to 40 years.”