ASN report suggests EDF may have to replace Flamanville reactor cover in few years

27/06/2017 14:27 Nuclear


According to ASN report, the lid of the Flamanville reactor vessel, currently under construction by France’s EDF, may not be able to operate more than a few years, needing to be replaced after its scheduled start-up in 2018.

Now EDF is obliged to replace a key part of the reactor before it even starts up. The project cost was last evaluated at 10.5 billion euros ($11.8 billion) in September 2015, compared with 2004 estimated value of 3 billion euros. The issue is also important in the UK, where two similar EPR reactors in southwest England are constructed within 18 billion-pound ($23 billion) project.


The European Commission previously declared that ASN's approval for the Flamanville reactor vessel is a precondition for EU validation of the Areva ‘s recapitalization and the planned sale of its reactor division Areva NP to EDF.


Finland is currently building another EPR which is also years behind schedule and billions over budget. China is currently finishing the construction of the first of two EPRs, also delayed, but they might be completed in 2017.


EDF also declared on Monday about reviewing costs and deadlines for Britain's Hinkley Point project.  French Le Monde reported on Saturday that Hinkley Point project suffers from 1-3-billion-euro budget overrun and its achievement could be delayed to 2027. 

Daily (31.03.2020): Oil prices plummeted to 18-year lows on Monday as demand suffers an unprecedented decline

31/03/2020 10:51:00

Crude oil prices crashed to fresh 18-year lows on Monday as growing fears over the coronavirus pandemic eroded demand, while the Saudi Arabia-Russia price war threatened to overload the market. Brent crude collapsed by 8.7% to close at $22.76 a barrel, the lowest settlement since November 2002. Meanwhile, the U.S. WTI crude plunged by 6.6% to end at $20.09 a barrel.


Vestas wins 109MW French fancy

31/03/2020 09:28:00

Vestas has secured a turbine order totalling 109MW from an undisclosed customer in France for an unnamed wind farm.


Poland State Gas Distributor Says It Wins $1.5 Billion From Russia's Gazprom In Price Dispute

31/03/2020 09:23:00

Poland’s largest distributor of natural gas has announced it won a years-long energy-supply price dispute with Russia’s state-run Gazprom worth $1.5 billion at an international arbitration court in Sweden.