EdF delays Flamanville reactor another year

The ever moving "completion" date for EdF's Flamanville EPR on the Normandy coast was this week pushed one more year into the future according to the embattled French government-owned utility. EdF now estimates a 2017 completion date but given the endless delays, cost-overruns and bickering, it is an open question whether the reactor will ever be done. This time, EdF is blaming supplier, Areva, for failure to deliver parts.

Meanwhile, Areva saw its stocks plummet as a result of such delays and warned of an "uncertain outlook" for its business.