EPR
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Nuclear
EDF Moves to Rescue AREVA, Will Buy Majority of Nuclear Reactor Business
France’s state-owned utility EDF will snap up between 51% and 75% of troubled nuclear giant AREVA’s reactor business in a possible $2.96 billion deal. While the French government owns about 87% of AREVA and 85% of EDF, the utility that operates the nation’s aging 58-reactor fleet, it has pledged to look at all options to […]
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Nuclear
Material Inconsistencies Acknowledged in Nuclear Reactor Vessel Head and Bottom
More trouble has been reported at one of the four European Pressurized Water Reactor (EPR) units currently under construction. AREVA announced on April 7 that chemical and mechanical testing conducted on a reactor vessel head and bottom similar to that of the Flamanville EPR (a 1,630-MW unit under construction on the west coast of the […]
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Power
New Nuclear Reactor Plant Designs: One NRC Review Begins, One Is Suspended
The Nuclear Regulatory Commission (NRC) announced on Mar. 4 that, after completing an acceptance check, it has concluded that an application to certify the Advanced Power Reactor 1400 (APR1400) reactor design for use in the U.S. is complete enough to begin a full design certification review. The application—submitted collaboratively by Korea Hydro and Nuclear Power […]
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Nuclear
Finland EPR Dispute Gets Costlier
The AREVA-Siemens consortium that is building the Olkiluoto 3 nuclear reactor in Finland, and the plant’s owner, Finnish utility Teollisuuden Voima Oyj (TVO), have again increased claims and counterclaims for billions of dollars in costs and losses, which they say are caused by delays afflicting the world’s first EPR project. At the end of 2003, TVO […]
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Nuclear
Finland EPR Nuclear Reactor Construction Now Lags Almost a Decade Behind Original Schedule
The European Pressurized Reactor (EPR) under construction in Finland may not start operating until late 2018—putting the project nearly 10 years behind its initial schedule. Finnish utility Teollisuuden Voima (TVO) said in a statement on Sept. 1 that the AREVA-Siemens consortium building Olkiluoto 3 had updated its schedule. The schedule review, which “has been going […]