LONDON, July 18 (Reuters) - Britain must reform electricity markets if it is to secure the private investment needed to meet its carbon emissions targets, according to a study by KPMG.
The report, which will be published on Monday, said the British government's approach to investment in low-carbon generation was inconsistent and clearer planning was needed to show how emissions targets will be met.
A fire inside a nuclear power station took firefighters seven hours to extinguish yesterday.
Emergency plans were put into effect as more than 45 firemen tackled the blaze at the Sizewell B station near Leiston, Suffolk.
NEARLY a quarter of a century after the nuclear reactor at Chernobyl in the Ukraine
exploded and spewed radioactivity across the world, it has finally stopped making Scottish
sheep too "hot" to eat.
IT IS hard to escape from history. Just as Britain is about to embark on an ambitious programme to build a new generation of nuclear power stations, an old atomic relic offers a timely reminder of the risks. On June 1st Chris Huhne, the newly installed Liberal Democrat energy secretary, revealed that the Nuclear Decommissioning Authority, the publicly funded outfit charged with cleaning up Britain’s old nuclear power stations, is facing a £4 billion funding shortfall over the coming four years. For a department with an annual budget of just £3 billion, that is, as Mr Huhne puts it, an “existential” problem.
BERLIN, June 7 (UPI) -- The German government will extend the running times of its nuclear power plants by no more than 10 years.
The decision is the product of lengthy government consultations over the weekend, the Berliner Zeitung newspaper reports. It would be a victory for Environment Minister Norbert Roettgen, who has campaigned for no or moderate running time extensions. A host of pro-nuclear state governors had lobbied to extend the running times by as much as 28 years.
Nuclear safety authorities in four countries are assessing the significance of undocumented welding on primary circuit piping for the EPR reactor under construction at Olkiluoto-3, Petteri Tiippana, director of the nuclear reactor regulation department at the Finnish Radiation and Nuclear Safety Authority STUK, told Platts in an interview Thursday.
But Tiippana said that contrary to a statement made Wednesday by Marie-Pierre Comets, a commissioner of French nuclear safety authority ASN, regulators from Finland, France, the UK and the US are not preparing a joint statement on the piping qual
Major setback for energy plans as report finds flaws in US and French models
State owned Vattenfall, one of Europe’s largest power producing companies, has found itself in the middle of a political storm since it became known they had plans to sell their part of the Swedish power grid. Accusations that CEO Lars G. Josefsson has ‘pledged’ the entire corporate group, in an agreement with German authorities, has made the Minister for Enterprise, Maud Olofsson, to put forward strong criticism.
Industry promised subsidy if market price fails to encourage new plants
The executives of electric utilities worldwide are dreaming of a renaissance in nuclear power. But problems with a new, state-of-the-art reactor in Finland suggest that this is unlikely to happen. The industry's alternative strategy is to modernize older plants to drastically extend reactor lifetimes.
The managers at Finnish electric utility TVO expressed one last wish before ordering what would be the world's largest nuclear power plant from Siemens and the French nuclear power conglomerate Areva. They wanted the reactor to be painted oxblood red and white, the traditional colors of the picturesque summer homes on Finland's western coast.
