Finland reactor: at best, if no more delays and overruns, a warning to investors; but if TVO fails

[bananas]

http://www.platts.com/Nuclear/News/8353194.xml

Financial crisis, construction woes may hurt nuke revival: study

Washington (Platts)--11Feb2009

The political climate and external conditions for new nuclear power
plants may be more favorable now than at any time in the past several decades,
but problems with a plant now under construction and the global financial
crisis could deal the industry a setback, University of Greenwich Professor
Stephen Thomas said Wednesday.

<snip>

The turnkey reactor project is three years behind schedule and 50% over
budget. "At best, if there are no more delays and cost overruns, it will be a
warning to potential investors, but if things keep going wrong and TVO fails
financially, the ability to finance any nuclear project will be put in doubt,"
Thomas and Hall wrote.

The paper on the financial crisis and nuclear power was released at the
"Costing Nuclear Power's Future" conference co-hosted by the Nonproliferation
Policy Education Center and Carnegie Endowment for International Peace.

"Even before the scale of the impact of the financial crisis began to be
appreciated the cracks in the nuclear renaissance were becoming clear," the
authors said. "The designs were unproven; costs were escalating
sharply; obtaining finance was problematic; and skills shortages
and component supply bottle-necks. The financial crisis has done nothing to
lessen these concerns," the authors said.

[NNadir]

1. Well, it would seem that the membership of Greenpeace knows more about Finland than the Finns.

Among whiny little brats who are experts at collecting "if" tales - like "if" a nuclear power plant suddenly leaks in Indian Point, someone might actually die, making nuclear power 1/50,000 as dangerous as the NY Thruway.

How, by the way is that Finnish solar energy program coming?

Don't know?

Couldn't care less?

Not bothered by anything as long as the Finns keep buring coal?

Why am I not surprised?

Maybe you and the other retards at Greenpeace - who spend so much time crying over the Finnish reactor - should inform say, TVO and Fennovoima and Fortum what you've discovered about the Finnish reactor "failure," noting that even if the reactor took 20 years, it would still outstrip the Danish wind program - funded by subsidies to the Vestas, Wind, Oil and Gas company's huge subsidies designed to prop the "way less than an exajoule" "success."

It seems that unaware of your financial brilliance, Fortum, Fennovoima and TVO all filed for permits to build new reactors.

If you don't know what you're talking about - if you are a coal apologist - just make stuff up.

[bananas]

2. "Greenwich", not "Greenpeace"

University of Greenwich