New French nuke plant beset by more delays
EDF's 1,650-megawatt Flamanville 3 nuclear reactor was already two years behind schedule and $2.4 billion over budget before Wednesday's announcement, in which the utility says it needs to carry out tougher safety inspections in the wake of the Fukushima nuclear disaster in Japan.
Citing "structural and economic reasons" for the new delays, the state-owned company sent notice its flagship plant's costs will increase to $9 billion due to the new requirements while its opening has been pushed back to 2016.
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