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French and British want to create right investment environment for new nuclear power stations - David Cameron

14:11 31 January 2014

Francois Hollande

Francois Hollande

Britain and France have agreed to extend nuclear co-operation as David Cameron said the two countries wanted to create the right environment for new nuclear power stations.

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The Prime Minister announced a new agreement with French President Francois Hollande at an RAF air base in his Oxfordshire constituency.

French energy giant EDF committed last year to build a new power station at Hinkley Point in Somerset, and the governments signed a memorandum of understanding on involving small and medium-sized firms in the nuclear supply chain and co-operation between researchers on both sides of the Channel.

Mr Cameron said at a press conference following the meeting the two countries wanted to develop a first-class nuclear industry by creating the right investment environment for new nuclear power stations, following EDF’s plan to build the first new nuclear power station in a generation at Hinkley Point in Somerset.

It is hoped that the strike price deal for the Somerset project will pave the way for a new power station at Sizewell C, about which EDF has held its first stage of consultation.

Mr Cameron added: “Today, we have agreed to take our co-operation to the next level with a new partnership to increase commercial opportunities for small and medium sized businesses involved in the nuclear supply chain. And increased collaboration between our universities, research institutes and business will ensure we develop the skilled workforce we need.” The Prime Minister also announced a two-year £120 million feasibility study for a new armed drone, the Future Air Combat System, and said the UK and France will work together on an unmanned counter-mine craft.

Britain will offer more logistical support for the French military mission in the war-torn Central African Republic, and troops will hold a joint training exercise later in the year. Meanwhile, the UK will try out the French VBCI tank with a view to possibly purchasing it for the Army.

Mr Cameron described the cross-Channel partnership as “as close and important as ever”.

The Prime Minister said: “We recognise that if we, Britain and France, do more together, our defence budgets will go further, our armed forces will benefit from better equipment and our defence industries will remain world leaders and we will be able to have a greater global impact.

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9 comments

  • @dave g . Sadly the bare facts speak for themselves . At the end of this parliament the coalition will have borrowed another 600 billion and to date they have printed 375 billion in quantitive easing . Soon the pound will be worthless Just like the greek economy

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    milecross

    Friday, January 31, 2014

  • A Wash storm surge barrier with lock system would cost 2-3 billion, housing tidal energy turbines, it would generate electricity 24hrs.7days a week, enough to make two French Chinese build PWR nuclear reactors, costing 20 billion plus, obsolete. It would also safeguard the Fenlands for the next 150 years from flooding, ensuring that a fifth of our national fresh food supplies, a 4-6 billion economic concern, are safe from being inundated with salt water and taken out of production for 5 years. Sustainable precaution versus uncertain dangerous and costly legacies. Its not too late and those who can't read, can't hear and can't speak up about this far better solution, please say Fukushima, very slowly.

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    ingo wagenknecht

    Friday, January 31, 2014

  • "The right Investment environment" !, speaks volumes !, the right thing to do for the British people is to RE NATIONALISE all the utility companies !,they was absolutely no reason to privatise them in the first place !, all the tories are doing is treating the British people as 'cash cows' to make money out of !

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    freedomf

    Saturday, February 1, 2014

  • Andy these turbines work both ways, on tide and ebbflows. You shopuld read up on what could be produced by tidal power, as well as from sea currents scouring our eastern coast from top to vbottom. It is you who has his head stuck in a nuclear hole. This French Chinese programm is perpetuating a dangerous PWR system which has failed more than once. You want to waste loads of money on corporate bods, whilst eating your cake, nevermind your kids or their children. Your support for unsustainable dangerous solutions is noted.

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    ingo wagenknecht

    Saturday, February 1, 2014

  • Milecross, so are you advocating that the government should have wiped out the deficit at a stroke? Not even the deluded Eds have suggested that would be a better answer. Indeed their latest proposal is to continue borrowing with never bringing the budget into balance! Just to make sure you understand that, it means even more borrowing. Or do you have an alternative solution?

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    andy

    Friday, January 31, 2014

  • @andy . When osbourne tells us every week that the coalition have reduced the deficit people believe him . In reality the cons and libdems have added another 600 billion plus 375 in quantitive easing . Osbourne hasnt paid one single penny off the national debt left by labour. The big question is who is going to pay this debt off . And how and when . . The answer is our great grandchildren will be paying the debt these fools from the three main parties have run up

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    milecross

    Saturday, February 1, 2014

  • I think you will that we are broke because of the way Blair and Brown ran the country. Last time this fine country made a profit, was when the Conservatives were in control and left to do it again in 2015 (hopefully alone), we will return to making a profit soon after.

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    DaveG

    Friday, January 31, 2014

  • the bottom line is we are completely broke and want others to try to fund future investment. Cameron and osbourne are no better than blair and brown when it comes down to running or ruining this country

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    milecross

    Friday, January 31, 2014

  • Ingo, even if it should work, a barrage would not produce consistent power 24-7. The clue is in your text - tidal. Power output would vary between zero and what ever the maximum it actually produces and it would always have to be supported 24-7 by gas generators having 100% plus for whatever a barrage is hoped to generate. The rest of your article is fantasy.

    Report this comment

    andy

    Friday, January 31, 2014

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