European nuclear reactors are three times the cost of the same european designed nuclear reactors in China

China has indicated that to 1700 MWe European Pressurized Reactors (EPR) cost $7.5 billion (50 billion yuan).

All of the heavy components have been installed on the chinese reactors and everything appears to be on schedule and budget for a late 2013 start for unit 1 and a 2014 start for unit 2.

On 3 December 2012 EDF announced that the estimated costs for the Flamanville, France EPR 1700MWe reactor escalated to €8.5 billion ($11 billion), and the completion of construction is delayed to 2016.

In December 2012, Areva estimated that the full cost of building the Olkilouto reactor will be about €8.5 billion, or almost three times the delivery price of €3 billion.

$22 billion for two EPR reactors in Europe (France and Finland) is about triple the $7.5 billion for the two chinese EPR reactors.

If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks

About The Author