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Cost estimate for six new EPR 2 reactors to exceed €79.9 billion by end of 2025?
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Resolution / Starting Odds
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Reports from the French Court of Auditors or EDF financial disclosures
Story
EPR Nuclear Reactor in Flamanville Costs €23.7 Billion; Court Warns of Risks in Six New Reactors Estimated at €79.9 Billion
Jan 14, 2025, 09:21 AM
The French Court of Auditors has reported that the total cost of the EPR nuclear reactor in Flamanville has reached €23.7 billion, exceeding initial estimates. In a recent report, the auditors raised concerns about the profitability and potential overruns associated with the project, highlighting risks to the broader nuclear revival in France. They also estimated that the construction of six new EPR 2 reactors could cost approximately €79.9 billion. The auditors emphasized that EDF should refrain from undertaking new nuclear developments until it is better prepared to manage these multibillion-euro projects effectively. Furthermore, the auditors indicated that France's nuclear network is currently ill-equipped to address the challenges posed by the construction of the new reactors.
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