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AREVA covers up extent of massive nuclear reactor cost overrun

Blog entry by jmckeati | June 24, 2010

French nuclear giant AREVA were force to issue a profit warning yesterday. It has had to find an extra 400 million euros to cover the additional costs of building its so-called flagship European Pressurised Reactor at Olkiluoto in...

Finland votes for more ridicule

Blog entry by jmckeati | July 5, 2010

Not content with building a nuclear reactor that has become a laughing stock and a byword for incompetence and waste, Finland’s government went even further last week by voting to approve the construction of two more reactors. Once...

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