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UK and France sign nuclear power deal

The British and French governments have signed a declaration on their commitment to develop safe nuclear power.

The declaration reiterates the governments’ shared view that nuclear energy has “a critical role” in a cost-effective transition to a low carbon generation mix.

During the Franco-British summit, hosted by the prime minister at RAF Brize Norton in Oxfordshire, energy secretary Ed Davey met the French energy minister Phillipe Martin to discuss how the two countries can develop interconnectors, nuclear and renewable projects; secure an “ambitious and early” EU 2030 energy and climate package; and deliver a global climate deal at the 2015 UN climate conference in Paris.

Davey said: “Our partnership on nuclear power has already borne fruit, with this government’s agreement with EDF on key commercial terms for an investment contract that would enable Britain’s first new nuclear power station in a generation to be built at Hinkley Point in Somerset.

“The declaration we have signed today will further enhance this relationship, allowing us to explore further commercial opportunities to develop nuclear power, and to enhance our expertise and skills in this sector.”

The French and UK governments have also agreed to “engage constructively” with the European Commissions state aid consultation on Hinkley Point C to demonstrate that the project complies with the regulations.