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Finland's Olkiluoto 3 reactor delayed again
Source: Reuters
Finnish utility Teollisuuden Voima (TVO) announced a new delay to the start of its Olkiluoto 3 nuclear reactor, saying it will not begin electricity production in 2014.
Finland's fifth nuclear reactor was originally scheduled to start operations in 2009, but has been hit by repeated delays and soaring costs.
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She said TVO did not have a new start-date for the reactor, and had asked Areva and Siemens to clarify the timetable on automation as well as on the entire project.
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The International Chamber of Commerce's arbitration court is processing the dispute on cost overruns between the consortium and TVO.
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Read more: http://af.reuters.com/article/metalsNews/idAFL6E8IG8OX20120716?sp=true