French nuclear power plant is seven years late and costs have tripled
https://www.thelocal.fr/20191028/french-nuclear-power-plant-is-seven-years-late-and-costs-have-tripled28 October 2019
...The delays at the Flamanville site in northern France come on top of a massive cost overrun at the Hinkley Point nuclear project EDF is building in Britain and a decade-long delay to the Olkiluoto plant in Finland.
EDF's European Pressurised Reactor (EPR) reactor in Flamanville is now seven years late and costs have more than tripled to €12.4 billion.
Earlier this month, the company said fixing faulty welding on the Flamanville reactor will add €1.5 billion to the already swollen price tag.
When Electricite de France began work on the reactor in 2007 it targeted a launch date of 2012. It is now eyeing 2022.
Presented by Jean-Martin Folz, ex-boss of car-maker PSA, Monday's audit report highlighted a loss of competence at EDF and slammed the company for lacking a "culture of quality."...
...A similar EPR third generation nuclear power plant project in Olkiluoto in Finland is now 10 years behind the initial schedule....
