July 12, 2018 / 7:46 AM / 7 months ago

EU court upholds EU approval of UK Hinkley nuclear plant

LUXEMBOURG, July 12 (Reuters) - Europe’s second-highest court on Thursday upheld an EU regulatory decision four years ago to allow Britain to build and operate nuclear power plants at Hinkley Point to replace ageing reactors and polluting coal plants.

“The General Court confirms the decision by which the Commission approved the aid provided by the UK in favour of the Hinkley Point C nuclear power station,” judges said in their ruling.

The European Commission cleared the project in 2014, one of the world’s costliest, saying it did not see any competition issues. However, Austria took issue with the decision and took its case to the General Court.

French electric power utility EDF and China General Nuclear Power Corp are building the nuclear plants, which have been hit by delays and higher cost estimates. (Reporting by Francois Aulner, writing by Foo Yun Chee; editing by Robert-Jan Bartunek)

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