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Finland’s nuclear power plant’s price tag – at least $11 billion

Costlier Than Pyramids: Finnish NPP Becomes World’s Second-Priciest Building, Sputnik News
EUROPE 19.03.2018 

The Finnish Olkiluoto-3 nuclear reactor has been touted as the “flagship of European nuclear energy,” but has taken more than a decade to complete and cost the Nordic nation an arm and a leg.

When completed, the third reactor at Finland’s Olkiluoto nuclear power plant will have the distinction of being the world’s second most expensive building, higher than that of a number of luxury hotels, sports arenas, skyscrapers and even pyramids, Finnish national broadcaster Yle reported.

With a breathtaking price tag of €8.5 billion ($11 billion), Olkiluoto-3 is expected to be finished in 2019, 14 years after the start of the construction. For the sake of comparison, the Cheops Pyramid, the largest of the pyramids at Giza, took about 20 years to build. However, construction of the 4,500-year-old pyramid turned to be far more efficient, as it was built over roughly the same period of time and without access to modern technology. Also, its cost in today’s money has been estimated at only €4 billion ($4.9), half the Olkiluoto price tag.

To offer a more modern building for comparison, New York’s replacement One World Trade Center cost an estimated $3.8 billion to build. …….https://sputniknews.com/europe/201803191062679754-finland-npp-price/

 

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March 21, 2018 - Posted by | business and costs, Finland

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