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Last Updated: Wednesday, 7 November 2007, 16:47 GMT
Nuclear delays hit British Energy
Hartlepool power station (picture from British Energy Group plc)

Shares in British Energy fell as much as 8% after the company failed to say when four of its nuclear reactors would return to service.

Last month, the firm took two reactors at Hartlepool and two at Heysham out of service following a routine inspection.

In an update, British Energy said it had discovered wire corrosion at Heysham 1 Reactor 1.

The problem was a similar one to that found at the Hartlepool Reactor 1 plant which led to the shutdown in October.

British Energy said inspections of Heysham 1 Reactor 2 had started, while inspections would begin at Hartlepool Reactor 2 shortly.

The company said the problem uncovered was a "complex issue" and added that "a timetable for the return to service of these units can only be formed when inspections and a full assessment of the situation have been completed".

British Energy's shares closed down 7% at 514.5 pence.

British Energy Group is the UK's largest producer of electricity. It operates eight nuclear power stations and one coal-fired power station.



SEE ALSO
Nuclear woes hit British Energy
22 Oct 07 |  Business
Outages hit British Energy profit
16 Aug 07 |  Business
Price rises boost British Energy
13 Feb 07 |  Business
Repair delays hit British Energy
20 Dec 06 |  Business
Power prices lift British Energy
17 Nov 06 |  Business
Two nuclear reactors are closed
25 Oct 06 |  Somerset

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