Finland nuclear reactor costs headed to arbitration -TVO | Reuters - 0 views
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Energy Net on 03 Jan 09German consortium Areva-Siemens is to take TVO to arbitration in a dispute over delays and cost overruns at the Olkiluoto 3 reactor, the Finnish nuclear plant operator said on Wednesday. In October, TVO was told by the consortium that the 1,600 MW reactor -- the first to be constructed in Western Europe for more than a decade -- would be further delayed to 2012 from its initial start-up target of 2009.