Meanwhile at an investors' day in Paris, EDF said the EPR which is being built in Flamanville would cost €4bn (£3.47bn) at 2008 prices instead of €3.3bn . "This update takes into account increase in prices and the effects of some contractual indexes due to higher raw material costs and the impact of technical and regulatory evolutions," explained EDF.
Meanwhile at an investors' day in Paris, EDF said the EPR which is being built in Flamanville would cost €4bn (£3.47bn) at 2008 prices instead of €3.3bn .
"This update takes into account increase in prices and the effects of some contractual indexes due to higher raw material costs and the impact of technical and regulatory evolutions," explained EDF.
One may celebrate that the cost increase so far is less than at Olkiluoto 3 (where it essentially doubled to €5 billion), but even the €3.3 billion was already well above the Olkiluoto 3 offer price, so it's not just the prototype that gets more expensive. *Lunatic*, n. One whose delusions are out of fashion.
Mostly the problem is, however, a supply chain that is not remotely sized to service demand for current nuclear build, and is laughably inadequate for either projected or nessesary build. The world needs a lot more Japan Steel sized forges.
Mmmph, I think the construction of a nuclear plant typically spans a business cycle. At any rate, the nicely worded factor of "the impact of technical and regulatory evolutions" will remain wheneverand wherever a third EPR is started. *Lunatic*, n. One whose delusions are out of fashion.
