July 25, 2018 / 6:52 AM / 24 days ago

EDF raises cost forecast on Flamanville reactor after finding more flaws

PARIS, July 25 (Reuters) - France’s state-controlled power group EDF said there would be new delays to its Flamanville nuclear reactor project, after it found further flaws, and added the project would now cost more than previously forecast.

EDF in April warned that problems with weldings at the nuclear reactor under construction in Flamanville were worse than first expected.

EDF said on Wednesday that out of the 148 inspected welds at Flamanville, 33 had quality deficiencies and would be repaired.

“The EDF group has therefore adjusted the Flamanville EPR schedule and construction costs accordingly,” the company said in a statement.

“The loading of nuclear fuel is now scheduled for the 4th quarter in 2019 and the target construction costs have been revised from 10.5 billion euros ($12.3 billion) to 10.9 billion euros,” EDF said.

$1 = 0.8553 euros Reporting by Sudip Kar-Gupta; editing by Jason Neely

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