The French nuclear regulator says that EDF (Euronext: EDF) must improve safety of its 58 nuclear power plants if it is to succeed in gaining approval to operate them over the next four decades.
While EDF’s program to extend the life of its reactors is “satisfactory,” it needs to be bolstered in some areas, the regulator said in a statement on its website.
“EDF must propose ambitious improvements for the safety of spent fuel storage” and be prepared to replace equipment on a large scale, Autorite de Surete Nucleaire said.
They added that the safety of spent fuel storage at current reactors doesn’t meet the level of new installations.
The French company is preparing to spend billions to improve reactor safety and prolong the life spans of its nuclear fleet.
“We are a long way from making a decision” on a possible extension beyond 40 years, Pierre-Franck Chevet, head of the ASN, told a parliamentary hearing in Paris in April. “We are at the very beginning of a process.”
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