Finnish utility Teollisuuden Voima (TVO) has started fresh legal action against French nuclear group Areva to avoid further delays at its Olkiluoto 3 nuclear reactor in Finland, company spokesman said. The project, almost a decade behind its original schedule, is nearly complete, but TVO wants assurances that a restructuring of plant supplier Areva won’t cause further delays and that the plant would be ready to begin production in 2018 as planned. “We have asked for this several times but have not received the necessary assurances,” he said by phone, adding that TVO is now seeking assurances through a case filed in Nanterre Commercial Court, in France.
Reuters 28th Sept 2016 read more »
Finnish utility Teollisuuden Voima (TVO) said today that it has started legal action against the same company which is supplying two nuclear reactors to Hinkley Point C. It’s taking Areva to court over delays at Olkiluoto 3 nuclear reactor in Finland. The project, which was supposed to showcase EDF and its engineering partner Areva’s EPR technology, has been plagued by disputes, budget overuns and delays.
City AM 28th Sept 2016 read more »