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Further delays, costs escalations, at EDF’s Flamanville European Pressurized Reactor (EPR)

FT 25th July 2018 , French power utility EDF has said there will be further delays and cost overruns at its flagship Flamanville nuclear site. In April, the company said that problems with the weldings at its Flamanville site might have an
impact on the costs and the schedule for starting the long-delayed nuclear reactor.

On Wednesday, the company said that out of the 148 inspected welds, 33 had quality deficiencies and would be repaired. As a result it had “adjusted the Flamanville EPR schedule and construction costs . . . The loading of nuclear fuel is now scheduled for the fourth quarter in 2019 and the target construction costs have been revised from €10.5bn to €10.9bn.”

The plant was already seven years late and €7bn over budget. The Flamanville plant in France is one of three being
built in Europe using the next-generation European Pressurized Reactor technology. The other two projects are the Olkiluoto project in Finland, which is more than a decade late, and the UK’s Hinkley Point, which is mired in controversy over the high cost of the project.
http://www.ft.com/content/1b2473c8-8fdd-11e8-b639-7680cedcc421

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July 27, 2018 - Posted by | business and costs, France, safety

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