Iter is a research project that Europe is a part of, along with the rest of the world. That has nothing to do with building power plants, at least not anytime soon.
We haven't built a reactor in a long time. So those EPRs being built are all way behind schedule and thus costing substantially more.
You can design whatever you want. Building one is a whole different story. That's not an opinion that's just what happened at the first 2 EPRs and Hinckley point isn't going great either
>We haven't built a reactor in a long time.
France finished Flamanville 3 in 2024. Finland finished Olkiluoto 3 in 2022. Are those not recent enough? both were EPR designs
Yup. Europe can absolutely still build reactors, just not at a price that is economically competitive.
Olkiluoto 3 started regular production in 2023, taking 18 years to build at a cost of €11 billion (3x over budget).
Flamanville 3 started regular production in 2024, taking 17 years to build at a cost of €13.2 billion (4x over budget) or €19.1 billion including financing in 2015 prices.
Hinkley Point C (two reactors) is currently estimated to have its first unit come online around 2030, taking 14 years with total costs now estimated at £31-35 billion / €36–41 billion (2x over budget) in 2015 prices.