Costs of France’s Flamanville nuclear reactor blow out to over $14 billion as project delayed again.
Nuclear: the Flamanville EPR is another six months late and 500 million
euros in additional costs, EDF announced. The new delay is due to the
necessary revision of treatment procedures for some 150 “complex”
welds, within the main secondary circuit of the reactor, explained to the
press the director of the Flamanville 3 project,
The delay is now twelve years. EDF announced, Friday, December 16, six months of additional delay
for the commissioning of its EPR nuclear reactor in Flamanville (Manche),
which must now start by mid-2024 instead of the end of 2023. These six
additional months result in a new additional cost of 500 million euros,
increasing the total cost of the project, under construction since 2007,
from 12.7 to 13.2 billion euros.
Le Monde 16th Dec 2022
Electricite de France SA said Friday that the schedule for the Flamanville
3 nuclear reactor project in northern France has been further delayed and
that its estimated cost has increased. The French state-controlled utility
said nuclear fuel loading is now scheduled for the first quarter of 2024
from the second trimester of 2023.
The estimated cost of completion has
risen to 13.2 billion euros ($14.04 billion) from EUR12.7 billion. The
revised scheduled is mainly due to additional studies needed to establish a
new process for the stress-relieving heat treatment of some welds that have
been upgraded in the last two years, EDF said.
Market Watch 16th Dec 2022
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