Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,392.48
    +506.04 (+1.01%)
     

  • CMC Crypto 200

    1,388.54
    -7.99 (-0.57%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
BRANDS:

'We sold £1.5m of product in our first week'

Lyma founder on rise of her wellness company

EDF says Flamanville reactor delayed to 2018, cost 10.5 bln

Reuters - UK Focus

PARIS, Sept 3 (Reuters) - French state-controlled utility EDF (Paris: FR0010242511 - news) said on Thursday the EPR nuclear reactor it is building in Flamanville, Normandy, will again be delayed to 2018 and raised the cost estimate to 10.5 billion euros ($11.85 billion) from an initial budget of 3 billion.

Commercial start-up of the Areva (Paris: FR0011027143 - news) -designed EPR reactor - of which EDF plans to build two in Hinkley Point, Britain - has been delayed several times, most recently in November, when EDF (Hanover: E2F.HA - news) said it expected the EPR to go only in 2017.

Construction in Flamanville started at end-2007 and the reactor had been scheduled to start up in 2012. ($1 = 0.8862 euros) (Reporting by Geert De Clercq, Editing by dominique Vidalon)