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Portrait of the week

Portrait of the week

26 October 2013

9:00 AM

26 October 2013

9:00 AM

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The government agreed a guaranteed price for electricity that persuaded a consortium led by the French-owned EDF Energy and including Chinese investors to agree to build the Hinkley Point C power station in Somerset. The strike price agreed was £92.50 per megawatt hour (compared with a current wholesale price of £45).

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