EDF-France Raises Nuclear Investment Estimate

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Researched by Industrial Info Resources (Sugar Land, Texas)--France's state-owned utility Electricite de France (Paris) has raised the estimated investment required to build six new nuclear reactors (EPR-European Pressurized Reactor) to €72.8 billion (US$84.8 billion), reflecting higher construction costs and revised project assumptions since the program was announced in 2022.

The estimate, expressed in 2020 price terms, marks a significant increase from the earlier projection of €51.7 billion (US$60.2 billion).

The six reactors are expected to deliver a combined capacity of approximately 10 gigawatts (GW), supporting France's long-term electricity supply while gradually replacing aging nuclear units.

Despite the increase, EDF highlighted that the projected cost per reactor remains well below that of the Flamanville EPR project, which faced extended delays and reached a final cost of €23.7 billion (US$27.6 billion).

Industrial Info is tracking more than 150 capital and maintenance projects in France's nuclear-power sector, totaling more than $106 billion of investment. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed list of project reports.

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About Industrial Info Resources
Industrial Info Resources (IIR News Intelligence) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 250,000 current and future projects worth $30.2 trillion (USD).