Franco-Finnish Fission Follies
Sep. 10th, 2007 01:17 amThe idea that nuclear power is somehow going to be available in time to keep us from hitting the tipping point of global warming has even less support based on this article. The French nuclear experts at Areva, much praised by the media-industrial complex, are in charge of the Finnish plant.
Finnish Plant Demonstrates Nuclear Power Industry's Perennial Problems - International Herald Tribune - 6 Sep 2007
"Flawed welds for the reactor's steel liner, unusable coolant pipes and suspect concrete in the foundation already have pushed back the delivery date of the Olkiluoto-3 unit by at least two years. [...] Olkiluoto-3, the first nuclear plant ordered in Western Europe since the 1986 Chernobyl disaster, is also more than 25 percent over its budget of €3 billion, or $4.1 billion.
If Finland's experience is any guide, the 'nuclear renaissance' promoted by the global atomic power industry as an economically viable alternative to coal and natural gas may not offer much progress from a generation ago, when schedule and budgetary overruns for new reactors cost investors billions of dollars.
The Finnish plant is not the only nuclear project to run into delays. The commercial startup in May of China's Tianwan project came more than two years later than planned. In Taiwan, the Lungmen reactor project has fallen five years behind schedule."