Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

kristopher

(29,798 posts)
Mon Feb 11, 2013, 09:50 PM Feb 2013

Yet another delay announced for nuclear friendly Finland's new reactor

Which means, of course, even greater cost overruns.

Finland's Olkiluoto 3 reactor seen delayed to 2016


Commercial production at Finnish nuclear reactor Olkiluoto 3 is likely to be delayed to 2016, utility Teollisuuden Voima (TVO) said, sparking a new round of accusations between TVO and the builder, consortium Areva-Siemens.

The reactor was originally scheduled to start operating in 2009 but has been hit by repeated delays and soaring costs.

The French-German consortium's last estimate was for the reactor to be ready by 2014, but TVO said last July that such a timeframe was impossible.

TVO and Areva have traded accusations about who is to blame for the delays, and the International Chamber of Commerce's arbitration court is processing a dispute on cost overruns between the consortium and TVO....

http://www.reuters.com/article/2013/02/11/teollisuudenvoima-olkiluoto-idUSL5N0BBEZ520130211

Latest Discussions»Issue Forums»Environment & Energy»Yet another delay announc...