EDF plans for nuclear plants at Hinkley Point due for approval today
EDF Energy's plans to construct a number of nuclear power plants in the UK looks to be finally coming to fruition after months of delays.
The government will rule today (March 19) on whether to give the energy firm the green light for its Â£14bn project to construct two power plants at Hinkley Point in Somerset.
However, despite approval from Energy Secretary Ed Davey looking imminent, the 'Big Six' energy supplier has still not decided to go ahead with the work which will also see construction of two power plants at Sizewell in Suffolk.
Earlier in the month, Tim Yeo MP warned EDF and the government were still deadlocked over the subsidies the firm would receive from energy generated from the new power plants.
It would appear a fee has still not been agreed upon, with the energy supplier standing firm over its claim for a ten per cent rate of return, while the Treasury is still believed to be pushing for eight per cent.
Other delays to proceedings have included cuts in the energy suppliers native France and also British Gas owner, Centrica, pulling out of its partnership with EDF over construction of the nuclear power plants.
Any work on new nuclear power plants would be the first of its kind in almost two decades. It is estimated the new sites at Hinkley alone would be capable of powering five million homes or around seven per cent of the UK's energy needs.
As the UK looks to shift its reliance on non renewable power sources, nuclear energy is just one of the energy sources being looked at as an alternative.
In the home, EDF and other energy firms are also working alongside the government in support of its Green Deal to help cut down carbon emissions, offering subsidies on things such as the fitting of an energy efficient boiler, wall insulation or solar panels, to help save money and energy.
Latest gas and electricity news brought to you by UK Power - the energy price comparison site.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.