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Faulty Welds, Soaring Costs at Nuclear Plant in Finland

Faulty Welds, Soaring Costs at Nuclear Plant in Finland

Cost and safety are the two big dark clouds that hang over a nuclear revival. Now, news out of Finland concerning construction of the world's first "next-generation" nuclear reactor shows both issues hitting the project with a double whammy: costs are now 50% higher than originally projected because of faulty welds done by unqualified workers, overseen by unqualified supervisors.

We're not talking about a few welds here and there. We're talking about one billion Euros worth of work that needs to be done over. On a nuclear plant.

And we're not talking about internal quality control that efficiently discovered sub-standard construction. The red flag was raised by a Greenpeace report.