With no final investment decision taken. Like I said.
It is a program championed by the previous hard right authoritarian government with not as enthusiastic interest by the current polish government.
> And French nuclear is not subsidized. Unlike renewables.
Why do you keep making stuff up which is easily findable? Is accepting reality that hard?
The EPR2 program hinges on absolutely massive subsidies. The French auditing agency said that even assuming insanely low capital costs and profit margins it makes a large loss.
Taking real figures it just becomes stupid.
The French auditing agency recommended to postpone the EPR2 program due to the low value and incredibly high costs.
What they said about EPR2 is that they were refused the information to even make an estimate of its profitability. Translation (using DocLingo) from page 25:
"In its 2020 report on the EPR sector, the Court recommended
that EDF 'calculate the projected profitability of the Flamanville 3 reactor
and the EPR2 and ensure its monitoring' (recommendation no. 6).
EDF has deliberately and persistently refused to provide the Court
with information on the projected profitability and production costs,
which leads to considering this recommendation as not implemented.
work.
Based on the information at its disposal, the Court's calculation
predicts a poor profitability for Flamanville 3. For its part, the EPR2
program is still characterized by the absence of a finalized estimate
and a financing plan."
Any claims of profitability of EPR/EPR2 should be taken with heavy skepticism, given that the official auditors have been stonewalled.
Just like everything else you've written so far, this is also patently untrue.
The French auditors said that Flamannville 3, the solitary EPR prototype, will be "marginally" profitable. This is one of the most catastrophic builds in recent history. And it will still be more profitable than any of the intermittent renewable projects in Europe.
EDF does in fact, receive subsidies from the French government. For their renewables projects. Not for their nuclear projects. Which pay for all this nonsense.
Compared to the EPR, the EPR2 is vastly simplified, for better buildability. The complaint there was that they were moving too quickly for the auditors, as they didn't have all the documentation they would like to have.
Compare this with the absolutely devastating report of the Bundesrechnungshof, the German auditors, on the failed German Energiewende.
https://www.power-technology.com/news/poland-14-7bn-nuclear-...
Of course they haven't spent the money yet.
> Even the French are postponing the EPR2 program due to the horrific costs
Completely untrue.
And French nuclear is not subsidized. Unlike renewables.