this post was submitted on 23 Dec 2024
723 points (99.1% liked)

World News

39385 readers
2367 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

Summary

France’s Flamanville 3 nuclear reactor, its most powerful at 1,600 MW, was connected to the grid on December 21 after 17 years of construction plagued by delays and budget overruns.

The European Pressurized Reactor (EPR), designed to boost nuclear energy post-Chernobyl, is 12 years behind schedule and cost €13.2 billion, quadruple initial estimates.

President Macron hailed the launch as a key step for low-carbon energy and energy security.

Nuclear power, which supplies 60% of France’s electricity, is central to Macron’s plan for a “nuclear renaissance.”

you are viewing a single comment's thread
view the rest of the comments
[–] NauticalNoodle@lemmy.ml 3 points 2 days ago* (last edited 2 days ago) (1 children)

My state has been building a new interstate highway in segments for the last 1.5 decades and for the segment nearest me the main construction contract was awarded to a major french company. The french company thought the project was an upfront full payout, but the state had it set up as a piecemeal payment system based on hitting specific objectives. Upon finding this out the company halted all work and abandoned the job until the state took over the project 18 months later.

This reminds me of that.

[–] fine_sandy_bottom@lemmy.federate.cc 8 points 2 days ago (1 children)

The french company thought the project was an upfront full payout, but the state had it set up as a piecemeal payment system based on hitting specific objectives.

I pretty much just don't believe you.

"How & when will we get paid" is a core component of tenders even for contracts worth a few thousand dollars. I'm incredulous that a contract worth many millions could be awarded without anyone realising that payments were provided in stages.

What you're describing sounds much more like a disagreement over a variation. Whatever aspect of the project was going to cost more than anticipated so the contract needs to be varied. Service acquirer refuses to vary, contractor refuses to absorb the cost.

[–] NauticalNoodle@lemmy.ml 1 points 9 hours ago

You might be right. It's a memory from 5-6 years ago and when I did some further digging in response to your comment, I couldn't find any news stories that explained the exact reason why the company halted work but I did get a major detail wrong in finding that it was a Spanish company and that they were already on the brink of insolvency.