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Home BUSINESSDelay in Olkiluoto 3 throws EDF into trouble
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Sun, 31 Jan, 2016 12:04:25 AM
FTimes – STT Report, Jan 31
 
The Olkiluoto Nuclear Power Plant Unit 3 in Eurajoki, Western Finland.File Photo – Lehtikuva.
A major arrangement in France’s state-owned energy sector is threatened to become complicated because of delays at Olkiluoto’s reactor number 3. 
 
The energy company EDF is having trouble buying up the reactor business from the struggling energy company Areva.
 
According to the French newspaper Les Echos, French Minister for Economic Affairs Emmanuel Macron has given EDF and Areva a one-month deadline to agree on the contentious Olkiluoto situation. 
 
EDF would like to hand the agreement to another company. The wholesale is due to be completed next year.
 
In an interview with the newspaper, the chairman of the Finnish nuclear power company Teollisuus Voima (TVO) board of directors, Lauri Virkkunen remains quite sceptical that the responsibility of Olkiluoto would be transferred elsewhere. 
 
Such a thing has never been seen in the industry, he said.
 
Virkkunen does not believe the schedule dictated by the Economic Minister Macron to be realistic.
 
“A solution is needed that increases available resources and ensures that Olkiluoto 3 can be completed quickly,” Virkkunen told the Les Echos.
 
He rejected the rumours spreading in France that TVO doesn’t even want the reactor up and running.
 
“That’s just not true. TVO’s shareholders have invested a lot in this project and really want it to be realised.”
 
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