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Agreement on 'strike price' brings Hinkley Point C in Somerset closer to reality

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Summary

  • Talks about 'strike price' have been ongoing for a year
  • Agreement finally reached between Government and EDF
  • Deal means EDF will receive a guaranteed sum for power
  • One of last major hurdles for new reactor to be built
  • Hinkley project expected to create 25,000 jobs
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