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EDF adds further €1.5 bln to French nuke plant costs

- Reactor at Flamanville NPP, which is already seven years behind schedule, will not be commissioned until end of 2022

home > Nuclear, Europe 09.10.2019 14:39

EDF adds further €1.5 bln to French nuke plant costs

French EDF raised the estimated construction cost of the long-delayed third reactor for the Flamanville Nuclear Power Plant in Normandy by €1.5 billion or $1.6 billion, the Paris-based company announced on Wednesday.

According to the company's statement, the price of the construction has been revised up to €12.4 billion.

In June, French nuclear watchdog, ASN, ruled that the eight faulty welds in the main steam transfer pipes that penetrate the two walls of the containment of the unit, which EDF had hoped to repair after start-up, must be repaired before the reactor is commissioned.

Later, the company said that the startup of the reactor, which is already seven years behind schedule, would be further pushed back, making its start unlikely before the end of 2022.

"The provisional schedule for implementation of the preferred penetration weld repair scenario, if the target for validation by the ASN is complied with, results in the date of fuel loading at the end 2022 and reassessment of the construction cost at €12.4 billion, representing an increase of €1.5 billion," the statement read.

The second hot functional test phase at the reactor was started on Sept. 21 and will run until the end of the year, according to the statement.

France has the world's second-largest fleet of nuclear reactors, behind the U.S., and is more dependent on nuclear energy than any other nation.

The country's state-controlled utility EDF operates all of France's 58 nuclear reactors, accounting for over 75% of the country's electricity needs.

The reactor at EDF's Flamanville-3 NPP will be the first to be built in 15 years and the first 3rd generation one to be built in the country.

Construction works started in 2007 for the 1,650-megawatt unit at the Flamanville site, where two other reactors have been operating since 1986 and 1987. Completion of the third was expected by 2012 at an estimated cost of around €3.3 billion. However, the launch date has been repeatedly pushed back by construction problems and the EDF has revised both the cost and the startup date in 2010, 2011 and again in 2012.

Later, in November 2014, EDF once again announced that completion of the construction was delayed until 2017 due to delays in deliveries from French nuclear equipment supplier, Areva S.A.

In April 2015, Areva informed the ASN that anomalies had been identified in the reactor vessel steel, "leading to lower than expected mechanical toughness values."

In September 2015, EDF published the project's new timetable and said that first fuel loading and start-up of the reactor would be in the fourth quarter of 2018, while project costs were revised up to €10.5 billion.

Finally in July 2018, when weld problems at the plant were first reported, EDF further delayed fuel loading to the fourth quarter of 2019 and increased the project's cost estimate by a further €400 million. This decision pushed the total cost of the project to €10.9 billion, three times higher than the original cost estimate of €3.3 billion.

By Firdevs Yuksel

Anadolu Agency

energy@aa.com.tr


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- Turkey's electricity exports amount to 3,811 megawatt-hours, while imports total 7,337 megawatt-hours on Monday
03.03.2020 Electricity , Nuclear , Thermal

Spot market electricity prices for Saturday, Feb. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 143.4 million Turkish liras
28.02.2020 Electricity , Nuclear , Thermal

UAE issues op. license for Arab world's 1st nuke plant

- 60-year license is granted to Barakah nuclear power plant's operator company - Nawah Energy Company
18.02.2020 Nuclear , Middle East-Africa

Russia completes 1st reactor vessel welding for Akkuyu

- Welding marks key stage of reactor pressure vessel manufacture
13.02.2020 Nuclear , Turkey

Spot market electricity prices for Thursday, Feb. 13

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 165.81 million Turkish liras
12.02.2020 Electricity , Nuclear , Thermal

Turkey's daily power consumption up 2.84% on Feb. 11

- Turkey's electricity exports total 6,247 megawatt-hours, while imports amount to 10,875 megawatt-hours on Tuesday
12.02.2020 Electricity , Nuclear , Thermal

Pakistan touts its nuclear security measures

- Foreign Ministry publishes booklet on 'Pakistan’s Nuclear Security Regime'
11.02.2020 Nuclear , Asia

Turkey's daily power consumption down 10.7% on Feb. 9

- Turkey's electricity exports total 7,566 megawatt-hours, while imports amount to 7,519 megawatt-hours on Sunday
11.02.2020 Nuclear , Coal , Electricity

Spot market electricity prices for Saturday, Feb. 8

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 145.61 million Turkish liras
07.02.2020 Electricity , Nuclear , Thermal , Coal

US imposes sanctions on Iran's atomic energy chief

- Designation of Ali Akbar Salehi comes amid Trump administration's continued 'maximum pressure campaign'
31.01.2020 Nuclear , Americas , Middle East-Africa

Iran nuclear deal meeting postponed until February

- Parties committed to preserving deal but experts need more time to prepare
26.01.2020 Nuclear , Europe , Americas , Middle East-Africa

World's 1st floating nuke plant sends first power

- The company's main objective for 2020 is to start commercial operations
24.01.2020 Nuclear , Eurasia

Russia completes first reactor cover welding for Akkuyu

- Welding of Atommash-made reactor cover takes 17 days
24.01.2020 Nuclear , Turkey

Turkey considering new partner for nuke plant in Sinop

- While Akkuyu plant continues as planned, Turkey considering alternative partner to Mitsubishi for second plant at Sinop
24.02.2020 Nuclear , Energy Diplomacy , Turkey , General

Spot market electricity prices for Saturday, Jan. 18

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 143.3 million Turkish liras
17.01.2020 Electricity , Nuclear , Coal

Spot market electricity prices for Tuesday, Jan. 14

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 158.2 million Turkish liras
13.01.2020 Electricity , Nuclear , Thermal , Coal

Turkey's daily power consumption down 8.87% on Jan. 12

- Turkey's electricity exports total 7,658 megawatt-hours, while imports amount to 4,958 megawatt-hours on Sunday
14.01.2020 Nuclear , Thermal , Coal , Electricity

Timeline: US-Iran tension since collapse of nuke deal

- Escalation of tension between Washington, Tehran begins with US president scraping Iran nuclear deal in May 2018
09.01.2020 Nuclear , Americas

Trumps says Iran likely ‘standing down’ after strikes

- 'Iran appears to be standing down, which is a good thing for all parties concerned,' says US president
09.01.2020 Nuclear , Americas , Middle East-Africa

Turkey's daily power consumption up 0.9% on Jan. 7

- Turkey's electricity exports total 8,274 megawatt-hours, while imports amount to 6,461 megawatt-hours on Tuesday
09.01.2020 Electricity , Nuclear , Thermal , Coal

Ukraine passenger jet crashes in Iran after takeoff

- Boeing 737 plane crashes with 180 passengers on board near Imam Khomeini Airport
08.01.2020 Nuclear , Energy Diplomacy , Energy Security , Energy Projects , General

Const. of Akkuyu nuke plant's 2nd unit to begin in 1Q20

- Official ceremony may be held in March, says Rosatom head
01.01.2020 Electricity , Nuclear , Turkey

Akkuyu nuclear signs coolant equipments agreement

- Rosatom's Atomenergomash, Russian firm NPO TsNIITMASH, Germany's Taprogge GmbH will supply equipments
30.12.2019 Nuclear , Energy Projects , Turkey , Eurasia

World's 1st floating nuke plant to spur regional economy

- Replacing coal-burned Chaunskaya Power Plant, Akademik Lomonosov to ensure elimination of harmful emissions in Arctic ecosystem
28.12.2019 Electricity , Nuclear , Eurasia

Russia strengthened its nuclear triad: Putin

- Meeting with defense officials, president says share of modern weapons in Russia's nuclear triad reached 82%
25.12.2019 Nuclear , Energy Security , Energy Projects , Asia

Highlights of global energy market in 2019

- Tensions between US and Iran, oil tanker attacks in Middle East and the climate crisis were hot topics in 2019
22.12.2019 Electricity , Natural Gas , Oil , Nuclear , Thermal , Lng/Lpg , Refining/Petro Chemistry , Wind , Solar , Hydro , Geothermal/Biomass , Projects , Oil , Natural Gas , Electricity , Energy Diplomacy , Energy Security , International Relations , News from companies , World , Turkey , Europe , Eurasia , Americas , Middle East-Africa , General

World's 1st floating nuclear power plant connects to grid

- Connection of floating plant to heating network of Russian coastal gold-mining town Pevek to be completed in 2020
21.12.2019 Nuclear , Energy Security , Energy Projects , General

Trump warns Pyongyang over resuming nuclear program

- President says US watching North Korea 'very closely' as his special envoy visits region
17.12.2019 Nuclear , Americas

US Navy places $22B order for nuclear submarines

- Acting Navy Secretary says submarine force 'fundamental'
04.12.2019 Nuclear , Energy Diplomacy , Energy Security , Americas

Local growth in Turkey's energy cybersecurity on rise

- Biznet Deputy GM recommends use of incentives to encourage enterprises to invest in cybersecurity
29.11.2019 Electricity , Oil , Nuclear , Energy Security , International Relations , Energy Projects , General

Oil-rich Saudi Arabia plans to shift to nuclear energy

- World's top oil exporter wants increase in share of alternative energy to reduce fossil fuels for electricity generation
28.11.2019 Electricity , Oil , Nuclear , Projects , Energy Projects , Middle East-Africa

Turkey's daily power consumption up 3.01% on Nov. 26

- Turkey's electricity exports amount to 8,252 megawatt-hours, while imports reach 10,550 megawatt-hours
27.11.2019 Electricity , Nuclear , General

European countries voice concern over Iran nuclear move

- Foreign ministers of France, Germany, UK and EU High Representative issue joint statement on Iran's move to enrich uranium
12.11.2019 Nuclear , Europe , General

Germany says Iran’s nuclear move ‘unacceptable’

- Foreign Minister Maas urges Tehran to stop uranium enrichment, return to full compliance with 2015 nuclear agreement
07.11.2019 Nuclear , International Relations , Europe , Middle East-Africa

UN nuclear watchdog names Rafael Grossi as new head

- Grossi will serve for 4 years from Dec. 3 as new director general of International Atomic Energy Agency
31.10.2019 Nuclear , Eurasia

Akkuyu nuclear plant on schedule: Russian Dep. FM

- Construction of Turkey's first nuclear power plant project is fully on schedule, Deputy Foreign Minister says
30.10.2019 Nuclear , Turkey , Eurasia

Fortum's earnings up, operating profit down in 3Q19

- Hydro volumes return to normal from historically low level last year, says company CEO
25.10.2019 Finance , Nuclear , Europe , General

Turkey's daily power consumption up 2.90% on Oct.15

- Turkey's electricity exports amount to 8,106 megawatt-hours, while imports reach 2,205 megawatt-hours on Tuesday
16.10.2019 Nuclear , Thermal , Coal , Electricity , General

Turkey to restructure $10 billion energy finance in '19

- Amount of non-performing loans is around $13 billion, banking sector data shows
14.10.2019 Nuclear , Thermal , Coal , Electricity , International Relations , Energy Projects , General

EDF adds further €1.5 bln to French nuke plant costs

- Reactor at Flamanville NPP, which is already seven years behind schedule, will not be commissioned until end of 2022
10.10.2019 Nuclear , Europe

Belarus may reduce natural gas imports from Russia

- Belarus is considering reduction of gas imports from Russia in 2020 due to launch of Belarusian NPP, Energy minister says
09.10.2019 Natural Gas , Nuclear , Energy Diplomacy , Energy Projects , Eurasia

US, North Korea nuclear talks resume in Sweden

- N. Korean diplomat, US Special Representative for N. Korea begin nuclear talks in eastern Stockholm
06.10.2019 Nuclear , Energy Diplomacy , Asia , Americas , General

Turkey's licensed power generation falls 3.41% in July

- Installed electricity capacity increases 2.82% compared to July 2018
02.10.2019 Electricity , Nuclear , Thermal , Coal
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