EDF says completion of its first French next-generation EPR nuclear reactor will now be in 2016, not 2014. In July 2010, if delayed the start of the 1,600 megawatt nuclear reactor from 2012 to 2014 and raised its cost estimate from 4 to 5 billion euros. It now expects the cost to rise to 6 billion euros ($8.52 billion). EDF blames complex engineering and Fukushima. The project will take almost twice the time originally announced and nearly twice the budget. The company hopes to build two of these at Hinckley Point and two at Sizewell.