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Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-34923

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mudguts

12,442 Posts.

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23/06/24

17:24

Post #: 74447511
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Originally posted by pintohoo ↑

Finland -------- Olkiluoto 3

400% over budget and 18 years to build (projected build time was 4 years)

Anyone like the idea of the Finland experience?????

and guess what? Finland has been into nuclear since 1970 - 54 years. Oz - zip.
=======================================================

''The Olkiluoto 3 nuclear reactor in Finland experienced significant cost overruns and delays:
Cost:
- The original budget for the project was around €3 billion[1][4].
- The final cost is estimated to be between €11 billion and €12 billion[3][4][5].
- This represents an increase of nearly 3-4 times the initial estimate.
Construction timeline:
- Construction began in 2005[1][2].
- It was originally scheduled to be completed in 2009, just 4 years after construction started[2][4].
- The reactor finally began regular electricity production on April 16, 2023[3][5].
- This means the total construction time was about 18 years, which is 14 years longer than initially planned[3].
The project faced numerous delays and challenges, including technical problems, safety issues, and poor project management[4]. These setbacks led to legal disputes between the operator TVO and the contractor Areva-Siemens[1]. Despite the delays and cost overruns, Olkiluoto 3 is now operational and is expected to provide about 14% of Finland's electricity demand, contributing significantly to the country's energy self-sufficiency and clean energy goals[3][5].

[1] https://www.nucnet.org/infographics...iluoto-3-begins-commercial-operation-5-2-2023
[2] https://bergensia.com/finland-opens-first-european-nuclear-plant-in-15-years/
[3] https://www.euronews.com/green/2023...it-mean-for-climate-goals-and-energy-security
[4] https://www.dw.com/en/finlands-much-delayed-nuclear-plant-launches/a-61108015
[5] https://apnews.com/article/finland-energy-nuclear-power-reactor-741341cfdf79e655a2a680e1b1130917

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Still cheaper, more reliable & cleaner than solar & wind.....plus lasts generations...

.instead of being replaced inter- generational like our ruinables.
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