The French energy group that is building Britain’s new nuclear reactors has admitted that a similar project in Normandy will cost almost four times the original estimate. EDF said that its European pressurised reactor in Flamanville was now expected to cost €12.4 billion. This is €1.5 billion more than the previous estimate. Initially it was supposed to cost €3.3 billion and the reactor was supposed to come on stream in 2012. The company says that under the revised plan it hopes to load fuel at Flamanville at the end of 2022, a decade late.
Times 10th Oct 2019 read more »
Telegraph 9th Oct 2019 read more »
The Flamanville nuclear power plant is considered a litmus test for the next generation of EPR technology. There is currently one EPR operating in China, although EDF is under increased pressure to get everything right in the French scheme because it holds sole ownership and ASN approval would ensure extra credibility for the technology. Two further EPR projects are underway in Europe – the Olkiluoto project in Finland, which is over a decade late in its construction, and the UK’s Hinkley Point C. The project at Hinkley Point C has not been short in controversy, after EDF said last month it is now likely to cost between £21.5bn ($26.6bn) and £22.5bn ($27.9bn) – an increase of £1.9bn ($2.4bn) to £2.9bn ($3.59bn) compared with previous estimates. The French firm updated the flagship project’s cost following the completion of the J-0 reactor base in June and has also confirmed unspecified increases to the delays at unit one and unit two, which were originally placed at 15 months and nine months respectively. It has promised the additional costs will be applied to the company and not British taxpayers, while the next major milestone for Hinkley Point C, based in Somerset, south-west England, will be the completion of the common raft for unit two in June 2020.
NS Energy 9th Oct 2019 read more »