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Flamanville nuclear power costs revised up by £1.62bn

Energy firm EdF has announced that the expected costs of the Flamanville European Pressurised Reactor (EPR) have risen by €2bn (£1.62bn) to £6.48bn.

The firm’s first attempt to build an EPR began in 2007 and was scheduled to last four and a half years and cost £2.67bn, but this has since been revised, and the plant is now scheduled to start selling power commercially in 2016.

EdF insists that the project has reached “significant milestones”, with approximately 93% of the civil engineering and 36% of the electro-magnetic equipment is in place. The intake canal of the pumping station came online at the start of November 2012.

The firm plans to learn from the construction of Flamanville EPR and apply the lessons to its projects in the UK.  The Hinkley nuclear plant last week announced delays of two years.

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