Yet another delay announced for nuclear friendly Finland's new reactor
Which means, of course, even greater cost overruns.
Finland's Olkiluoto 3 reactor seen delayed to 2016
Commercial production at Finnish nuclear reactor Olkiluoto 3 is likely to be delayed to 2016, utility Teollisuuden Voima (TVO) said, sparking a new round of accusations between TVO and the builder, consortium Areva-Siemens.
The reactor was originally scheduled to start operating in 2009 but has been hit by repeated delays and soaring costs.
The French-German consortium's last estimate was for the reactor to be ready by 2014, but TVO said last July that such a timeframe was impossible.
TVO and Areva have traded accusations about who is to blame for the delays, and the International Chamber of Commerce's arbitration court is processing a dispute on cost overruns between the consortium and TVO....