Summary
France’s Flamanville 3 nuclear reactor, its most powerful at 1,600 MW, was connected to the grid on December 21 after 17 years of construction plagued by delays and budget overruns.
The European Pressurized Reactor (EPR), designed to boost nuclear energy post-Chernobyl, is 12 years behind schedule and cost €13.2 billion, quadruple initial estimates.
President Macron hailed the launch as a key step for low-carbon energy and energy security.
Nuclear power, which supplies 60% of France’s electricity, is central to Macron’s plan for a “nuclear renaissance.”
All nuclear plants get over budget or the political party doesn’t seem to make the budget accepted.
So why throw cash at them?