More construction delays and cost escalations for Flamanville 3 NPP!!
Construction of France's third Flamanville EPR nuclear power plant is at least 12 years behind schedule, having been originally promised for completion in 2012. Operator EDF, a wholly state-owned nuclear monopoly, is due to start loading the reactor with enriched uranium fuel in March, eventually connecting "Flamanville 3" to the electricity grid mid-2024. ...
The reactor is due to be in full operation – producing over 1,600 MW – at the end of the year. That's the theory, at least. In practice, the project owner has often had to "adjust the timetable" ...
From one delay to the next, construction costs for the Flamanville EPR have quadrupled since the first layer of concrete was laid over 16 years ago, in December 2007. EDF has recently updated its expectations to €13.2 billion. However, according to a report by the Court of Auditors in 2020, the bill will AT LEAST REACH MORE THAN €19 BILLION (US$ 20.536 BILLION / AUD $31.6 BILLION) .
[ NB: that's equivalent to AUD $19,750/kW of planned capacity. ]
Additional costs, such as financial expenses, must also be taken into account.
