This forced EDF to shoulder two-thirds of the project to build two Areva-designed European Pressurised Reactors (EPR) in Britain. View Carlos Montes’ profile on LinkedIn, the world's largest professional community.
EDF should conduct an exercise to gather the full experience on all EPR units built or under construction in France and abroad, with all of the actors concerned, before the launch of a possible new construction project, it adds. The audit office added, "The construction of new EPRs in France cannot in any event be envisaged without clear prior answers on the methods of financing and the role of nuclear power production in the electricity mix of tomorrow.". All rights reserved. The auditor also said the firm’s renewable energy unit EDF EN had a “marginal” and “peripheral” place within the firm and that EDF had been slow to invest in energy services. Find out more about how we use your information in our Privacy Policy and Cookie Policy. It also recommends that contracts are incorporated into risk-sharing arrangements of construction between the contractor and the suppliers. Taishan 2 began commercial operation in September 2019. “[These delays] make one wonder whether Hinkley Point can respect its deadlines,” the auditor said, adding that if the project runs over budget, EDF would be responsible for the cost. 15 July 2020. "Taking into account their duration of construction, production and dismantling, the decision to build or not to build future EPRs will have consequences until the 22nd Century. To find out more check our cookies and privacy policy. PARIS – The French public auditor said Thursday that EDF must establish the financing and profitability of nuclear reactors before launching projects, dealing a heavy blow to the ambitions of the State public service to build new units.
Cour des Comptes urges greater study of nuclear project’s risks given poor recent investments and the fact EDF must fund likely cost overruns, Fri 11 Mar 2016 09.29 GMT It said EDF and its energy services unit Dalkia – which it acquired two years ago – had different corporate cultures and that synergies needed to be built. France’s state auditor has questioned the ability of the company building Britain's next nuclear power plant to construct new… Four other EPRs under construction in Finland, France, and China are years behind schedule and billions over budget. EDF must ensure the financing and profitability of its proposed EPR2 reactor before starting construction of any plants based on the design in France, the country's state audit office has said. It says this is the result of "unrealistic initial estimates, poor organisation of the project by EDF, a lack of vigilance on the part of the supervisory authorities and a lack of awareness of the loss of technical competence of industrialists in the sector". EDF's reactor-building unit Framatome is designing an EPR2 reactor, which it See the complete profile on LinkedIn and discover Carlos’ connections and jobs at similar companies. Carlos has 1 job listed on their profile. However, there was some good news on Thursday for EDF’s Hinkley project, with EU anti-trust regulators clearing the French firm’s proposed partnership with CGN. Share. Topics EDF Energy
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