Areva’s third-generation EPR nuclear reactor has had a troublesome start, with heavy delays and cost overruns in the two units under construction in Finland and France. Two other units that are being built in China are doing better. But is it a wise decision for the UK to let EDF build an EPR at Hinkley Point C? Quentin Philippe, investor at London-based private equity fund Actis, takes a critical look at the EPR. He concludes that not all its … [Read more...]
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