Novembre 2010 / Bloomberg

China Builds Nuclear Reactor for 40% Less Than Cost in France, Areva Says

By Francois de Beaupuy and Tara Patel

Areva SA said the EPR nuclear reactor costs 3 billion euros ($4 billion) to build in China, 40 percent less than the price tag Electricite de France SA has put on building one in Normandy.

Chinese nuclear builders’ grasp of the technology is “very worrying” for European companies, Areva Chief Executive Officer Anne Lauvergeon told a hearing at the French Senate today in Paris. She also said Chinese companies are more efficient.

The (...)

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