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EDF France Reactor Cost Rise May Pressure U.K. Power Price Talks

Electricite de France SA’s 2.5 billion-euro ($3.3 billion) cost overrun at a French reactor will probably influence talks with the U.K. government over paying for nuclear projects in England.

The announcement earlier this week may be a tool to secure a better power price for a reactor in the U.K., Liberum Capital Ltd. said. The cost of building EDF’s EPR reactor at Flamanville in Normandy has more than doubled to 8.5 billion euros because of changes to its design after Japan’s Fukushima disaster.