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Mer. 19 Juin

EDF's US nuclear plant plans in meltdown, and under a cloud in the UK

French utility giant Electricité de France has suffered a major setback in its plans to export European Pressurized Reactors to the United States, where the Nuclear Regulatory Commission has rejected its subsidiary’s application for a licence to build and operate an EPR reactor in Maryland. With its flagship EPR plant at Flamanville, northern France, suffering recurrent construction delays and overruning costs, the American debacle is a significant blow for both EDF, with debts of almost 40 billion euros, and for EPRs in general. Meanwhile, development of EDF's two EPR projects in the United Kingdom have become bogged down in a row over the true subsidised cost of the energy they will produce. Jade Lindgaard reports.

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