9 July 2009
Europe: The rocky road to nuclear power
THE BRIGHT nuclear future envisaged for Europe could be a long journey away, judging by the difficulties experienced in the construction of Finland's European Pressurised-water Reactor (EPR), Olkiluoto 3 project. The power station – the first of the EPR design and the first nuclear facility to be ordered in Europe in recent history – is now more than three years behind schedule, its owner and supplier are seeking over €1.0bn ($1.4bn) of compensation from each other and the supplier partnership is breaking up. Teollisuuden Voima Oy (TVO), the private-sector company that owns two of Finland's existing four nuclear power stations, ordered the EPR at the end of 2003 and expected it to start gene
Also in this section
1 April 2026
Emerging industry must work with policymakers to convince a broader pool of investors to buy into its long-term potential
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
