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French auditors slam Areva for Olkiluoto nuclear project in Finland via YLE

The French nuclear contractor Areva is at the centre of a storm of criticism by French government auditors over its operations. Finland’s Radiation and Nuclear Safety Authority STUK says it still hasn’t received all of the new paperwork relating to nuclear safety for the long-delayed Olkiluoto 3 nuclear power plant currently at a standstill in western Finland. And the company remains locked in a cycle of recrimination with the plant’s owner.

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in late October last year, Areva slapped an additional 700 million euros to bring its claim to 2.6 billion euros for the voided nuclear reactor deal. In its turn, TVO has claimed 1.8 billion euros in compensation for construction delays.

Meanwhile according to the most optimistic estimates the reactor is expected to be ready for firing up at the beginning of next year – many years behind the original completion schedule of 2009. However TVO has said Olkiluoto 3 won’t be operational until one year later in 2016 – and it’s anybody’s guess what the final price tag will be.

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