In 2007, the site was to last five years, at a cost of 3.3 billion euros. It should finally last at least sixteen years, for an invoice estimated at 19.1 billion according to the Court of Auditors. The commissioning of the Flamanville EPR will cost 15.8 billion euros more than initially planned for a total of 19.1 billion according to the calculations of the Court of Auditors released Thursday, July 9, multiplying the cost by 5 , 8 (or + 479%). This is 6.7 billion more than what EDF had announced in October 2019. Initially, this nuclear power plant should have been built in five years, at a cost of 3.3 billion euros. It should therefore have been put into service in 2012, its creation having been authorized by decree on April 11, 2007. Since the launch of the project, the bill has therefore almost increased sixfold.
Le Monde 24th June 2020 read more »
Nuclear: the Court of Auditors embraces the EPR. According to the calculations of the magistrates, the total cost of the construction site of the Flamanville reactor, in the Manche, amounts to 19.1 billion euros, and not 12.4 billion euros, as announced by EDF. “An operational failure, cost drifts and considerable delays. ” In a report released Thursday, July 9, the Court of Auditors does not mince words about the ERP sector, the third-generation nuclear reactor. The in-depth investigation of the magistrates, which lasted eighteen months, criticizes the catastrophic construction site of Flamanville (Manche), the incapacity of the nuclear sector and the State to ensure the follow-up of the operations and the hazardous international development of the reactor . The Court also questions the future of the EPR – without however calling into question the technology itself.
Le Monde 9th July 2020 read more »
Pierre Moscovici: “The EPR faces financial drift on all levels”. Appointed head of the Court of Auditors in early June, the president of the institution returns to the reasons for the setbacks of the EPR nuclear reactor project in Flamanville. The new first president of the Court of Auditors, Pierre Moscovici, presented, Thursday, July 9, a critical report on the nuclear industry EPR. According to the magistrates of the institution, at the head of which the former minister and European commissioner succeeded Didier Migaud, on June 3, the lessons of Flamanville (Manche) must be learned.
Le Monde 9th July 2020 read more »
Electricite de France SA’s ability to build new nuclear plants at an acceptable cost and within a reasonable time frame remains in doubt despite the French industry’s efforts to avoid past mistakes. A new report from France’s nuclear auditor has cast new doubts over the industry’s future, as the state-controlled utility has been asked by President Emmanuel Macron to prepare proposals to build new reactors domestically, while also seeking new funding for projects in the U.K. “There is still uncertainty on the ability of the French nuclear industry, despite its current strong efforts, to build new nuclear reactors within a time frame and costs that remain acceptable,” Pierre Moscovici, the head of France’s Court of Accounts, said Thursday in Paris as he presented the report. EDF is seeking to convince the French government to support construction of six new units of a streamlined version of the European Pressurised Reactor, at an estimated cost of 46 billion euros ($52 billion), to replace part of its aging fleet. The company is also seeking funding to build two new reactors in the U.K., which is expected to cost 20 billion pounds ($25 billion).
Bloomberg 9th July 2020 read more »
France’s public auditor said on Thursday EDF must establish the financing and profitability of nuclear reactors before launching projects, dealing a blow to the state-owned utility’s ambitions to build new units. EDF’s reactor-building unit Framatome is designing an EPR2 reactor, which it says will be cheaper and easier to build than its current-generation EPR model that has racked up billions in cost overruns and years of delays at construction sites in France and Finland.
Reuters 9th July 2020 read more »
New York Times 9th July 2020 read more »