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derriztoday at 8:53 PM0 repliesview on HN

Why then was EDF nationalized in 2023? A year after making an €18B loss? Why was EDF forced to buy the massively loss-making Areva/Framatome in 2017? How will Flamanville 3 - the latest reactor - at a cost of €24B to deliver 1.6GW ever be profitable, given it will need to earn €138 per MWh over 60 years just to break even? This is over 2.5 times the average wholesale price of the market it will be selling into and twice the €70/MWh state mandated nuclear electricity price cap.

- https://www.powermag.com/flamanville-3-europes-hard-won-nucl...

- https://www.techniques-ingenieur.fr/actualite/articles/epr-d...