Yes, here's the grand plan for ensuring the lights don't go out.
Quote:
French energy firm EDF will extend the life of four of its eight nuclear power plants in the UK.
The move will safeguard 2,000 jobs and help with tight energy supplies.
Heysham 1 and Hartlepool will have their life extended by five years until 2024, while Heysham 2 and Torness will see their closure dates pushed back by seven years to 2030.
Meanwhile, EDF said its 2015 profits fell 68% to €1.18bn mainly due to writedowns on coal-fired plants.
The results were below analysts' expectations.
The value of plants in the UK, Italy, Poland and Belgium fell, and the company also took charges on its Edison oil and gas exploration business.
EDF will cut its dividend by 15 cents to €1.10 a share with an option for payment in new shares rather than cash.
Its shares have fallen almost 25% since the start of the year.
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http://www.bbc.co.uk/news/business-35583740
It's great to see the French putting the UK's needs so highly after all these years.
Seriously, nuclear should never have been abandoned to foreign ownership and if there'd been any sort of political will to ensure our energy security, we wouldn't be in this position now. IMHO low oil prices are just adding to the chaos and high level dithering and make our energy security situation even more perilous.