Areva CEO Lauvergeon sees 6-9 month delay in nuclear projects

French nuclear reactor maker Areva expects safety concerns stemming from Japan's nuclear disaster to delay reactor projects already under consideration by six to nine months, its chief executive said on Monday.
 
Anne Lauvergeon said the company would soon put out revised forecasts after having to scupper its long-term targets after the Fukushima accident, according to Reuters. Asked if the company had given up on its prior target of selling 45 of its next-generation EPR reactors between now and 2020, Lauvergeon told BFM radio: "No, we're in the process of re-evaluating it."
 
"In terms of that scenario, we think that Fukushima will lead to something like six to nine months of delays linked to the fact that the safety authorities are doing a review of the different points of safety and security," she said.
 
"But we're not significantly changing our production plan," added Lauvergeon, who is still waiting for an announcement by the French government about whether her term as Areva's head will be renewed. "We'll be putting out new guidance in the next few days or weeks."
 
Four EPR reactors are now under construction - one in Finland, one in France and two in China - and Areva is trying to negotiate the sale of another 20 by highlighting their safety features.

 

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