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Assystem Deputy CEO Sets Target Timeline for New Nuclear Plants

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Funding hinges on proven technology and loan length – Aubarbier explains that nuclear projects with a solid track record and government backing attract lower interest rates; shorter loan periods (e.g., 60 months vs. 200 months) reduce total interest and lower the megawatt‑hour cost, making financing easier to secure [1].

Overall schedule from contract to grid connection is 100‑140 months – For a proven technology, the contract‑to‑construction start can be about 36 months, with optimal construction lasting roughly 60 months; the full timeline to grid connection therefore spans just over eight to just under twelve years [1].

France’s EPR2 construction target is 70‑75 months – The ambitious target aims to support the goal of tripling nuclear capacity by 2050; meeting this schedule is seen as essential for securing low‑interest financing and competitive MWh pricing [1].

Funding and off‑taker certainty are universal success factors – Assystem is engaged in 13‑14 new nuclear programmes worldwide; regardless of a country’s wealth, the ability to secure an off‑taker and affordable financing determines project viability [1].

Regulatory standards are converging, but licensing paths differ – Most new entrants adopt European or U.S. safety standards, reducing technical gaps; however, Western nations often face slower regulatory adaptation, while many newcomer countries can adjust licensing processes more quickly [1].

Assystem’s fusion work includes ITER delivery and future research – After 15 years on ITER, Assystem delivered the tokamak building on schedule in 2020 and continues construction‑management work; it also supports fusion start‑ups, though commercial electricity from fusion is expected nearer the end of the century [1].

  • Stéphane Aubarbier, Deputy CEO of Assystem – Stated that “the funding of a new nuclear programme is like buying an apartment” and emphasized that proven technology, low interest rates, and short construction times are essential for competitive MWh pricing. He also outlined the 36‑month pre‑construction and 60‑month optimal build periods, and highlighted the 70‑75 month target for France’s EPR2 programme.

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