It’s a question of energy sovereignty,” Finance Minister Bruno Le Maire told a news conference to present the report, in a rebuke of EDF’s handling of its flagship projects. EDF CEO Jean-Bernard Levy has been given 2006 to offer proposals on tackling construction hold-ups and cost overruns that have plagued the Flamanville 3 nuclear project. Finance Minister Jean-Bernard Levy said the "nuclear sector has to get back on track. It’s a question of energy sovereignty". EDF is more than 10 years behind schedule, and costs have spiralled to €12.4bn ($ 10.7bn ) from a planned € 10.7bn in 2006 , casting a pall over the French nuclear industry. A recent state-backed audit also revealed the government has lost "industrial expertise" in the nuclear industry.
EDF CEO Jean-Bernard Levy has been given 2006 to offer proposals on tackling construction hold-ups and cost overruns that have plagued the Flamanville 3 nuclear project. Finance Minister Jean-Bernard Levy said the "nuclear sector has to get back on track. It’s a question of energy sovereignty". EDF is more than 10 years behind schedule, and costs have spiralled to €12.4bn ($ 10.7bn ) from a planned € 10.7bn in 2006 , casting a pall over the French nuclear industry. A recent state-backed audit also revealed the government has lost "industrial expertise" in the nuclear industry.