Brexit risks pushing up Hinkley cost, EDF warns
EDF has raised the spectre of delays or cost overruns to its £18 billion Hinkley Point nuclear plant as a result of Brexit, warning that any restrictions to trade and movement of labour could hamper the delivery of energy projects.
The French state-controlled company said Britain would have to import goods and skilled labour from around the world in order to make the “very substantial investments in new infrastructure” needed to keep the lights on.
“There is a risk that restrictions on trade and movement of labour will increase the costs of essential new infrastructure developments and could delay their delivery,” it said in a submission to MPs on the business, energy and industrial strategy select committee.