France’s Overbudget, Overdue Nuclear Reactor: A Costly Gamble on Energy’s Future
France has finally added its first new nuclear reactor to the grid in 25 years. This is a significant event, marking a renewed commitment to nuclear energy in a nation heavily reliant on this power source. However, the Flamanville reactor’s journey to completion hasn’t been straightforward.
The project, initiated in 2007, experienced significant delays, ultimately going online twelve years behind schedule. This substantial delay is a considerable point of contention, raising questions about project management and cost-effectiveness.
The financial aspect of the Flamanville project is equally striking. The final cost ballooned to approximately €13 billion, a staggering four times the initial budget.… Continue reading
Matt Underwood