EDF is close to finalising a comprehensive review of the schedule and cost of the Hinkley Point C nuclear project in England as it faces delays on multiple fronts, senior executive vice-president for finance Xavier Girre told a media conference call.

Mr Girre said the risks on the schedule and cost at completion have increased since an announcement in January 2021 due to the impact of Covid, the impact of Brexit, the impact of lower civil productivity on the ground and “the impact of the Ukrainian conflict and some supply chain disruption for HPC and for the suppliers of course of HPC”.

“On top of that the project is impacted by materials shortages and inflation,” he said.

“That is why the comprehensive review is currently underway about schedule and cost. It is expected to be completed in this quarter, the second quarter of 2022, and expected to be finalised in the next weeks.”