3 ms·
For France, Areva[0] is in big trouble, losing a few billions (yes billions) every year. At the same time, the nuclear regulation authority have found some def
by seren 11y ago
For France,
Areva[0] is in big trouble, losing a few billions (yes billions) every year. At the same time, the nuclear regulation authority have found some defects on EPR construction site and in La Hague plant.
The government is pushing EDF to take a major stake in Areva to save it. But today in the press there were multiple articles on a 100 billions "wall" that EDF will have to overcome to maintain, upgrade or decommission the current nuclear plants. And this is further complicated by the fact that the price of electricity is fixed by law, so EDF don't have many ways to increase its revenue. (This will likely have to change because it is not sustainable)
I don't know about safety, but financially this is looking bad. And with drastic cost cutting measures will likely come more incidents (or accidents..)
That's one negative point of nuclear power, we don't really know the price of decommissioning because it has never been done on large scale. So the total life cost of a nuclear plant, and thus nuclear power, can only be estimated.
[0] https://en.wikipedia.org/wiki/Areva https://en.wikipedia.org/wiki/Areva