Saturday, 8 December 2012

It looks like the end for new nuclear industry in France

(Source) http://nuclear-news.net/2012/12/08/it-looks-like-the-end-for-new-nuclear-industry-in-france/
French power utility EDF received a fresh blow on Tuesday after Italy’s biggest utility Enel announced it has pulled out from a project to build a next-generation nuclear reactor in northern France, and five other power plants to be built in France using EPR technology, following last year’s referendum in Italy to prevent nuclear energy from returning into the nation.  
The French utility admitted earlier this week that changes in engineering and design due to stricter regulation in the wake of Japan’s Fukushima disaster forced it to hike the construction cost of the European Pressurized Reactor being consctructed in Flamanville, northern France, to 8.5 billion euros ($11.12 billion), more than double the original estimate of 3.3 billion euros which was claimed by EDF in 2005.

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