EDF will be the project manager
Construction of Areva’s 1,600 MW reactor is expected to start in 2012 at the existing Penly nuclear power plant site in northern France. The new unit is expected to enter revenue service in 2017. It will be the fifth EPR construction project initiated worldwide after those at Olkiluoto in Finland, Flamanville in France and Taishan-1 and -2 in China.
State-owned EDF, which is France's main electricity provider, is already an EPR plant near Flamanville in northern France. The Flamanville EPR is due to cost 4 billion euros ($5.2 billion), more than an initial expected cost of 3.3 billion. A similar plant is under construction in FInland, and it has also experienced cost over-runs. The amount is in dispute and has been put under arbitration between Areva and Finnish utility TVO.
Areva plans to develop a U.S. market for its EPR reactor. The design was submitted for certification to the NRC last year. Four sites have submitted COL applications to the NRC referencing the EPR design; Nine MIle, NY; Calvert Cliffs, MD; Blue Bell, PA; and Callaway, MO.
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