Partly Cloudy

Partly Cloudy

max temp: 17°C

min temp: 7°C

ESTD 1874 Search

Sizewell C: EDF Energy confident over N-plant reactor costs

12:00 08 December 2012

EDF Energy says it is

EDF Energy says it is 'confident' over a rise in the cost of building a reactor that could be used at a Sizewell C nuclear power station

Archant

THE company planning to build a Sizewell C nuclear power station says it is confident the project will avoid the cost over-runs being experienced with construction of the same type of reactor at a site in France.

shares

A European Pressurised Reactor (EPR) is currently being built at Flamanville where EDF, the state-owned French utility company, has just disclosed another rise in capital cost, this time of more than £1.6billion, taking the total to £6.4billion.

It attributes the latest rise to a range of factors including engineering problems and extra regulatory demands as a result of the Fukushima disaster in Japan.

However, it maintains that the lessons learned from Flamanville – the first EPR to be built by EDF - will enable it to control costs at Sizewell C and at Hinkley Point in Somerset, the proposed site of a similar power station.

Another EPR – being built in Finland by a different company – is several years behind schedule and well over budget.

But Sizewell B, which began generating electricity in 1995 and remains the UK’s only American-style pressurised water reactor, was completed on time and only slightly over budget at £2.03billion.

EDF’s UK arm, EDF Energy, said yesterday that its project team shared experience from 50 nuclear power construction sites throughout the world.

More than 800,000 hours of engineering studies had been completed on the EPR design as part of the generic design assessment by UK regulators, it said.

Humphrey Cadoux-Hudson , EDF’s director of nuclear new build, said: “EDF Group is steadily rebuilding and revitalising the skills, know-how and technologies of the nuclear industry and the lessons learned will allow us to successfully deliver major projects here in the UK.”

Joan Girling, chair of the Suffolk-based Communities Against Nuclear Expansion, said the further cost increase at Flamanville was not unexpected. “The cost of new nuclear is set to spiral at a time other technologies are coming down in price,” she said.

shares

0 comments

Alex Till of Menta.

Suffolk-based Enterprise agency Menta and the county branch of the Institute of Directors (IoD) are working together to help Suffolk business owners as they strive for growth.

The water unit from the Prince's Street fire station with Ipswich with officials from the Port of Ipswich and students from Suffolk New College at the water safety demostration hosted by the port.

The Port of Ipswich teamed up with Suffolk Fire and Rescue Service to stage a rescue simulation off Orwell Quay.

From left, Chris Chamberlain from HTK, Vicki Cole from Crafted and Helen Dodman from Ipswich Central, the three organisations behind the Destination Digital conference.

The company behind the delivery of the Ipswich town centre Business Improvement District project has teamed up with two local digital specialist to stage a conference on online marketing for the tourism and hospitality sectors.

French Connection has warned that it faces a substantial loss when it posts its annual results.

Fashion chain French Connection today warned that it now expects to make a big annual loss after seeing its recovery hopes dashed by a difficult spring trading period.

Andrew Harrison, managing director of Stansted Airport.

Manchester Airports Group, parent company of Stansted Airport, scored a four-star rating in Business in the Community’s 2015 CR Index.

Dominic Casserley, group chief executive of Willis.

Global risk advice and insurance broking firm Willis has launched a 550million euro (£393m) offer to take full control of the French broker Gras Savoye.

Sainsbury's is to cut 800 jobs as part of a restructuring of its store operations.

Sainsbury’s is to cut 800 jobs as it becomes the latest supermarket to restructure its operations in the face of tough trading conditions.

The CWind Sword offshore support vessel.

Colchester-based offshore service vessel manufacturer CTruk has won an order to supply two more of its MPC22 boats to sister company CWind.

Kay Allen, founder of Trading for Good, and Paul Winter, chief executive of Ipswich Building Society.

Ipswich Building Society has been presented with a Responsible Business Award at a Trading for Good East of England event held in its home town.

Savills has agreed a deal to acquire Smiths Gore.

Property services group Savills has agreed the acquisition of residential and rural agency chain Smiths Gore for an undisclosed sum.

Most read

Most commented

Topic pages