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EDF Delays Flamanville to 2016 on Fukushima, Fatal Accidents

Electricite de France SA, Europe’s biggest generator, said stress tests following the Fukushima atomic disaster and fatal accidents have raised the cost and delayed the start of its new reactor at Flamanville in Normandy.

The EPR will cost around 6 billion euros ($8.5 million) and start selling power commercially in 2016 compared with a previous estimate of about 5 billion euros and 2014, according to an e-mailed statement today from the Paris-based company.