 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Paris (AFP) July 29, 2010 French electricity giant EDF will announce on Friday a two-year delay to the start-up of its new nuclear power plant in Flamanville along with a 1.0-billion-euro cost increase, a union source said. "They are going to announce a cost of 5.0 billion euros (6.5 billion dollars) and a delay of two years tomorrow (Friday) when they publish their (financial) results," the source said Friday, asking not to be named. Construction of the third generation European Pressurised Water reactor, located on the Channel coast in Lower Normandy, was initially reported to cost 3.3 billion euros, a figure that was later raised to 4.0 billion euros in December 2008 in response to rising prices of raw materials. The union source said he believed the real cost of the project was closer to 6.0 billion euros, with the increase not unexpected for new projects. EDF declined to comment on possible changes to its timetable, with a spokeswoman telling AFP: "A certain number of studies" are under way "to evaluate the situation and its consequences." The reactor is set to become operational in 2012. On Thursday French newspapers Le Monde and Le Parisian also spoke of a likely two-year delay to 2014. EDF in November implicitly acknowledged a one-year delay, drawing a distinction between the reactor's planned operational start-up in 2012 and "the production of commercialised electricity," which it said would begin in 2013.
Share This Article With Planet Earth
Related Links Nuclear Power News - Nuclear Science, Nuclear Technology Powering The World in the 21st Century at Energy-Daily.com
Paris wants EDF and Areva to join forcesParis (UPI) Jul 28, 2010 The French government has called for closer cooperation between utility EDF and reactor maker Areva to help the country regain its leadership in the nuclear power sector. Such closer cooperation would increase France's chances to win reactor contracts abroad, French Finance Minister Christine Lagarde said Wednesday. "There must be a strategic partnership between Areva and EDF ea ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook
