13 November 2012

EDF’s US Calvert Cliffs 3 Project “Terminated”

On 1 November 2012, the U.S. Nuclear Regulatory Commission (NRC) issued an order terminating the adjudicatory proceeding on the combined license application for Calvert Cliffs 3. On 30 August 2012, the NRC had given French state utility EDF 60 days to find a U.S. based partner for the project to build an EPR at the Calvert Cliffs site in Maryland (see Final Blow to EDF’s US Adventure?). Majority ownership, control or domination of a nuclear power plant by a foreign entity is illegal in the U.S.. EDF failed to identify a new partner after Constellation pulled out over two years ago and was subsequently absorbed by Exelon. EDF lost over US$1 billion in the unsuccessful US adventure.