Companies

Erdoğan: Sinop Nuclear Plant Project Halted

Friday, June 28, 2019

"We are not at the desired point on the Sinop nuclear power plant project," Recep Tayyip Erdoğan told daily Nikkei.

Erdoğan arrived in Japan today for the G20 summit in Osaka, where he will meet with Japan's Prime Minister Shinzo Abe and US President Donald Trump.

Responding to a question that says, "Feasibility studies show that the cost of a proposed nuclear power plant in the city of Sinop is more than double the initial estimate, and the Japanese-backed project has been halted," Erdoğan said, "The feasibility study report and cost analysis, which is prepared by the Japanese side, was examined by our relevant institutions in detail. We met a picture that is not compatible with our initial agreement in terms of both cost and project calendar."

Posted in | »

Irregularities found in Areva-made components in French nuclear plants - ASN

Tuesday, May 3, 2016

Irregularities have been found in around 50 Areva-made components installed in French nuclear reactors, nuclear regulator ASN said on Tuesday.

It said that after the discovery of weak spots in the reactor vessel of the EPR reactor under construction in Flamanville, France last year, Areva began a review of manufacturing procedures at its Creusot steel forging plant.

In a statement, ASN said it had been informed by Areva that its investigation had found evidence of irregularities in about 400 components produced since 1965, of which some 50 are believed to be in use in French nuclear plants.

Posted in | »

German energy firms need to set aside more money for nuclear exit

Tuesday, September 15, 2015

German energy companies are short of as much as 30 billion euros ($34 billion) of the money they need to set aside to build a safe disposal site for nuclear waste as part of the country's exit from nuclear power, Spiegel Online reported on Monday.

E.ON, RWE, EnBW and Vattenfall are due to switch off their nuclear plants by a 2022 deadline set by Chancellor Angela Merkel's government after the Fukushima disaster in Japan in 2011.

Posted in | »

UK should think again about Hinkley Point nuclear power station

Tuesday, September 15, 2015

Plans for a new nuclear reactor at Hinkley Point are in doubt after EDF experienced setbacks with the technology in France

EDF, the French state-owned power company, can point to one big advantage of the nuclear power station it intends to build at Hinkley Point in south-west England. Once fired up, the plant's reactors will churn out electricity at a steady price, unmoved by volatility in wholesale gas prices.

Posted in | »

EDF’s Normandy EPR Vessel Fault Decision Seen in 2016, ASN Says

Tuesday, June 23, 2015

France’s nuclear safety authority won’t decide until early next year whether a key piece of equipment on a nuclear reactor being built by Electricite de France SA in Normandy is safe or needs to be changed, the regulator said.

“I don’t see us making a decision or taking a position before the beginning of 2016,” Pierre-Franck Chevet, president of Autorite de Surete Nucleaire, told a hearing at the French Senate Tuesday. The finding could range from rejecting the equipment as unsafe to allowing its use under certain conditions, he said.

Posted in | »

E.ON plans to shut two Swedish nuclear reactors -operator

Tuesday, June 23, 2015

OSLO, June 23 (Reuters) - Sweden's OKG, a part of E.ON group, said on Tuesday it would decide in the third-quarter whether to permanently shut down two nuclear reactors at its Oskarshamn plant in Sweden.

"E.ON has informed of its intention as majority owner of OKG AB to pursue a direction to permanently discontinue electricity production at OKG unit 2 as soon as possible," OKG said in a market message.

The 638-megawatt reactor has been offline since May 2013 and may never restart if OKG board

Posted in | »

Nuclear Test Risks Blowing Lid Off U.K.’s Plan to Keep Lights on

Sunday, June 21, 2015

Builders of the U.K.’s first nuclear plant in two decades are about to take a vital component and break it.

The 110-ton spherical steel lid was destined to sit atop a reactor at the Hinkley Point site in Somerset. Instead it will be sacrificed to test the strength of a part already welded in place at similar atomic projects in France and China.

The tests are essential after regulators found potential weaknesses in the steel used to contain radiation. The results may derail countries’ nuclear programs that are relying on the EPR reactors. They also threaten a generation of atomic plants that developer Areva SA has billed as the world’s safest.

Posted in | »

One station would cost the same as eight carriers, or two Crossrails, or forty new hospitals. So is new nuclear power really worth it?

Sunday, June 21, 2015

Cheap gas and new technology make the Hinkley Point power plant look expensive

David Cameron is about to sign you up to pay for one of the most expensive man-made objects in the world.

The proposed nuclear power station at Hinkley Point in Somerset will cost an estimated £24.5bn, take a decade to construct, and tie British households into an astonishingly expensive electricity subsidies until 2060.

Posted in | »

EU gives green light for Hungarian nuclear deal with Russia

Thursday, April 23, 2015

Hungary said Monday that the EU's nuclear body Euratom has signed a fuel supply agreement, clearing the way for Russia to build the extension of the country's sole nuclear plant.

Under the deal -- agreed with Euratom at the end of March -- Russia will be able to supply fuel for two new reactors at the Paks plant in central Hungary over a 10-year period.

Posted in | »

EDF Nuclear Plant Leak in France Prompts Court Complaint

Thursday, April 23, 2015

PARIS — Anti-nuclear groups have filed a court complaint against French utility EDF for under-reporting an incident at its Fessenheim plant near the German border, they said on Tuesday.

On Feb. 28, EDF stopped one of two nuclear reactors at the Fessenheim plant for an unplanned outage, citing "a lack of watertightness" on some piping outside the nuclear zone. It said there had been no safety or environmental impact.

Posted in | »