nuclear-news

France’s first 6 EPR2 nuclear reactors will cost much more than the planned 52 billion euros.

 Why the first six EPR2s will cost much more than the 52 billion euros
initially planned by EDF. During a hearing in the Senate, the executive
director of EDF’s new nuclear projects, Xavier Ursat, indicated that the
first six EPR2s will cost more than the 52 billion euros announced in 2021.
A first slippage in costs including the new estimate is promised for the
end of 2024.

Why the first six EPR2s will cost much more than the 52
billion euros initially planned by EDF. EDF does not brag about it. But in
the Senate commission of inquiry into the price of electricity, Xavier
Ursat, its executive director in charge of the engineering department and
new nuclear projects, was obliged to talk about it.

As predicted by an expert report in 2021, the construction of the first six EPR2s will indeed
cost more than the 51.7 billion euros, rounded to 52 billion by the State,
calculated by EDF at the time Emmanuel Macron had to decide on the relaunch
of a new nuclear program in France. A relaunch confirmed in his speech on
Belfort’s energy strategy on February 10, 2022. “We are carrying out a
new economic assessment. It led to a figure higher than 52 billion,”
Xavier Ursat declared to the senators. Which, for him, “is not very
surprising”.

 L’Usine Nouvelle 12th Feb 2024

https://www.usinenouvelle.com/article/pourquoi-les-six-premiers-epr2-vont-couter-beaucoup-plus-que-les-52-milliards-d-euros-prevus-par-edf-au-depart.N2208139

February 17, 2024 - Posted by Christina Macpherson | business and costs, France