EDF's EPR nuclear power to cost 20 pct more than planned -paper

Tue Dec 2, 2008 3:44pm EST
 
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PARIS, Dec 2 (Reuters) - The cost of power produced by EDF's (EDF.PA) Flamanville EPR nuclear reactor will be around 20 percent more than planned, Les Echos reported, citing several sources.

EDF could not immediately be reached for comment.

The paper said the company will tell investors at a meeting on Wednesday that the cost of producing electricity using the reactor, in Flamanville, northwest France, will be around 55 euros a megawatt hour, instead of the 46 euros announced when the project was launched in May 2006.

EDF confirmed last month that the 1,650-megawatt new-generation European Pressurised Nuclear Reactor is expected to begin operating in 2013, not 2012 as originally planned. (Reporting by Helen Massy-Beresford; Editing by Phil Berlowitz)

 

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