June 24, 2009

Nukes are a dangerous waste of time and money

How this works:

The accumulating costs above are based on the EUR 1.7 billion overrun announced by Areva/TVO plus an extra EUR 1.2 billion which will be needed to purchase electricity that has not been produced by Olkiluoto-3 since its projected start.

These costs will eventually be paid for by Nordic electricity consumers and French taxpayers, either through higher bills for customers or through taxes.

Related posts: EPR: Enfant Terrible of the French Nuclear Industry