French Nuclear Dismantling Funds May Fall Short, Report Says

Electricite de France SA and Areva SA, along with other French nuclear operators, may not be setting aside enough funds to pay for future dismantling of reactors and treatment and storage of atomic waste, according to a parliamentary report.

Cost estimates by atomic operators don’t have a “safety margin and risk being raised in the future,” according to a report published today by a national panel charged with evaluating the financial costs of atomic decommissioning. Current estimates carry “large margins of uncertainty.”