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mudguts

12,025 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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First 34923 Last

Still cheaper, more reliable & cleaner than solar &...

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Nimy extends sulphide targets at Mons with new anomalies identified

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE

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Still cheaper, more reliable & cleaner than solar &...

Top Stories

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Nimy extends sulphide targets at Mons with new anomalies identified

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE

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