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France’s state auditor said French nuclear company EDF should not make a final investment decision on Britain’s Sizewell C reactor project until it has reduced its Hinkley Point C exposure.
In a report published on Tuesday, France’s Cour des Comptes also said that EDF should ensure that all international projects achieve “quantifiable gains” and must not delay the program of new nuclear projects in France.
The auditors’ comments are unrelated to a Financial Times report that the construction costs of the Sizewell C project in Suffolk likely to reach £40 billiondouble the estimate in 2020. Delaying the final investment decision from EDF could further delay the project and increase costs.
Asked about the FT report, a Cour de Comptes spokesman said that, given cost overruns on other such projects, the increase seemed “logical”.
