Nuclear, Reactors

Delta and EDF to study feasibility of nuclear plant in the Netherlands

The Dutch energy company Delta and the French utility EDF have signed an agreement to collaborate on the future development of a potential second nuclear power plant in Borssele, in the province of Zealand.
 
Over the coming period under the partnership established by the memorandum of understanding, Delta and EDF will together explore the appropriate contractual structure to incorporate a Joint Development Company (JDC) which may be established at a later stage for the development of the project. In the future, should EDF and Delta choose to further develop the project, they will probably decide to invite third parties to act as potential investors and off-takers.
 
Delta feels encouraged by the latest announcements from the Dutch government about the development of nuclear energy within the Netherlands. More than one year ago, Delta met the request of the national government to start a permit application procedure, thus planning a concrete project while undertaking to properly safeguard the public interest.
 
Peter Boerma, Delta NV CEO said: “I am very glad to take this important step with the French company EDF, which is a highly experienced owner and operator of nuclear power plants. It is important for a project of this scope not just to find a partner that is experienced in building, running and managing nuclear power plants, but also to find a good match.”