The Government and EDF have signed an agreement for the UK's first new nuclear power station for a generation. Greg Clark, the Secretary of State for Business, Energy and Industrial Strategy, Jean-Bernard Levy, the chair and CEO of EDF, and He Yu, the chair of CGN, have signed the final documentation to enable Hinkley Point C to go ahead. This follows the Government's decision to proceed with the project following a comprehensive review and revised agreement with EDF. Greg Clark said, "Signing the Contract for Difference for Hinkley Point C is a crucial moment in the UK's first new nuclear power station for a generation and follows new measures put in place by Government to strengthen security and ownership. Britain needs to upgrade its supplies of energy; nuclear power stations like Hinkley play an important part in ensuring our future low-carbon energy security."
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