BRITISH ENERGY SEEKS CHIEF

British Energy will seek a new chief executive in his early 50s to oversee an investment programme in nuclear and non-nuclear assets over the next 10 years following the resignation of Robert Hawley this week. Over the period, the company plans to invest in further non-nuclear generating capacity in the UK on top of its […]

British Energy will seek a new chief executive in his early 50s to oversee an investment programme in nuclear and non-nuclear assets over the next 10 years following the resignation of Robert Hawley this week.

Over the period, the company plans to invest in further non-nuclear generating capacity in the UK on top of its 12.5% stake in Humber Power and nuclear plants overseas – a joint venture with the Pennsylvania Electric Company in the US is one possible vehicle for doing so. It will not become involved in the construction of nuclear facilities over the next decade.

Robin Jeffrey and Peter Warry, the chief executives of British Energy’s Scottish Nuclear and Nuclear Electric’s subsidiaries, are expected to apply for the job.