France's EDF now says new-generation Flamanville reactor will cost four times original estimate
09 October 2019
French state-controlled utility EDF raised by 1.5 billion euros ($1.6 billion) the costs estimated for the long-delayed Flamanville nuclear plant it is building in northern France.
Flamanville EPR - Image: EDF
The utility said that the European Pressurised Reactor (EPR) in Flamanville is now expected to cost 12.4 bn euros. The built was initially supposed to cost 3.3 bn euros and the reactor was supposed to come on stream in 2012. EDF said that under the revised plan, it hopes to load fuel at Flamanville at the end of 2022, a decade late.
EDF said it was in talks with France’s ASN nuclear watchdog over the situation at Flamanville, where faulty welds in pipework were uncovered in July 2018.
“If the target for validation by the ASN is complied with, the provisional schedule for implementation of the preferred weld repair scenario will result in a fuel loading date at the end 2022, as well as re-assessment of the construction cost at 12.4 bn euros, representing an increase of 1.5 bn euros,” EDF said in a statement.
The entire EPR new-generation nuclear programme has been dogged by setbacks. In September, EDF said that its Hinkley Point C nuclear plant under construction in Britain could cost up to 2.9 billion pounds ($3.6 billion) more than previously forecast.
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