France could decide on new EPR reactors before Flamanville plant starts -minister
- Wall St ends up with Goldman; Dow posts biggest weekly rise since June
- Goldman Sachs (GS) Smashes Analyst 3Q Views on Robust M&A and Underwriting Activity
- Tesla (TSLA) Stock: Jefferies Raises Price Target on Higher Capacity Ramp and Sustained Demand, Berlin Giga Will Set New Design and Assembly Standards Says Analyst
- Food, fuels lift U.S. import prices in September
- SEC to Allow First Ever Bitcoin (BTC) ETF - Report
FILE PHOTO: Agnes Pannier-Runacher, French deputy Minister for Industry, speaks during the questions to the government session at the National Assembly in Paris, France, September 21, 2021. REUTERS/Gonzalo Fuentes
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
PARIS (Reuters) - France could decide to build six new nuclear EPR reactors before EDF's EPR nuclear power plant in Flamanville, northwestern France, is fully operational, Industry Minister Agnes Pannier-Runacher said on Friday, as the country bets on renewables and nuclear power for its energy sovereignty.
The French government has said until now it would not launch new EPR reactor projects until the Flamanville EPR station, which suffered several delays, is completed.
"Once the EPR at Flamanville is completed, we have to make that decision (on new EPR reactors), maybe we will make it a little bit earlier when we are sure the Flamanville EPR is on the right track", Pannier-Runacher told BFM television.
The minister did not say when the plant at Flamanville will start running.
State-run EDF's CEO Jean-Bernard Levy reaffirmed in April that the new EPR reactor at Flamanville was expected to come on line at the end of 2022 but said EDF could not afford further problems if that timetable was to be met.
Work on Flamanville began in 2007, its expected cost has tripled and work is running a decade behind schedule after delays caused by problems including weak spots found in its reactor vessel head.
(Reporting by Gwenaelle Barzic, Benjamin Mallet and Matthieu Protard, Editing by Louise Heavens)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump-backed challengers to Republican lawmakers lag in fundraising
- Boeing workers stage protest near Seattle over U.S. vaccine mandate
- U.S. will accept mixed doses of vaccines from international travelers
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!