EDF Adjusts Cost Estimate for Grand Carenage Program
29 Octobre 2020 - 9:45AM
Dow Jones News
By Giulia Petroni
Electricite de France SA said Thursday that it has adjusted the
estimated cost of its Grand Carenage program to extend nuclear
reactors' life.
The French energy company said the program's cost now amounts to
49.4 billion euros ($58.03 billion) from a previously estimated
investment of EUR45 billion in 2015, which today corresponds to
EUR48.2 billion.
The new cost estimate takes into account the first findings on
the work that has to be conducted and the expected increase in the
duration of planned maintenance outages, EDF said. It also factors
in the impact of the health crisis between 2020 and 2022.
The Grand Carenage program is designed to extend the service
life of the company's nuclear fleet while enhancing reactor safety.
The program runs from 2014 to 2025.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
October 29, 2020 04:30 ET (08:30 GMT)
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