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Nuclear industry claims it is now ‘sexy’ but admits to rising costs | Environment | The Guardian

Nuclear industry claims it is now ‘sexy’ but admits to rising costs
The Guardian Terry Macalister 5 Dec 08

Widespread doubts about the ability of nuclear power companies to bring a new generation of reactors on stream at the right time and on budget were raised yesterday within an industry that the UK government is relying on to meet its climate change and energy security goals.

EDF, the French power company that has positioned itself as a leading player in the market, admitted that its new European Pressurised Reactor programme at Flamanville in France was already 20% over budget, while delays continue to plague a Finnish facility, the only other new plant under construction in Europe……………………..Lady Barbara Judge, chairwoman of the Atomic Energy Authority, warned  that the safety of existing plants remained paramount……..”Everyone knows just one accident [need occur] and the industry will be shut down for 20 years,” she said.

Nuclear industry claims it is now ‘sexy’ but admits to rising costs | Environment | The Guardian

December 5, 2008 - Posted by Christina Macpherson | business and costs