TVO says won't share nuclear reactor cost overruns with Areva

Friday, September 28, 2007

HELSINKI (Thomson Financial, AFX News Limited) - Finnish utility Teollisuuden Voima Oy (TVO) reiterated that it has no intention of sharing the costs resulting from delays in the construction of the Olkiluoto 3 nuclear reactor with the plant's supplier Areva.'We have not agreed to share costs. We've got a fixed price with a fixed delivery time. We've made our view clear to the plant's supplier,' chief executive Pertti Simola told Finnish business paper Kauppalehti.

Posted in | »

EU pushes closure of Armenian NPP for security and safety reasons

Friday, September 28, 2007

NEW YORK - Euroatom is ready to provide Armenia with a EUR 200m preferential loan to close down the Armenian nuclear power plant, said Gunnar Wiegand, of the European Commission’s on department for Eastern Europe, South Caucasus and Central Asia told reporters in Yerevan Thursday, reported.

Posted in | »

Renewables group questions EC neutrality on nuclear power

Thursday, September 27, 2007

Brussels (Platts) - 26 Sep 2007

A renewable energy group said it was "deeply worried" about the neutrality of the European Commission when it comes to nuclear power. The European Renewable Energies Federation, or EREF, was reacting September 26 to a September 25 EC decision. The EC decision was that there was no illegal state aid involved in the 570-million-euro (US$805 million) export credit guarantee from French export credit agency Coface to French nuclear vendor Areva for the Olkiluoto-3 reactor under construction in Finland.

Posted in | »

UK New Build Does Not Need Subsidies, Says BE

Tuesday, September 25, 2007

24 Sep (NucNet): New nuclear build in the UK does not need to be subsidised provided fossil fuel alternatives carry the cost of the carbon emissions associated with their use and that standard designs are adopted, British Energy (BE) has said.

In its submission on 20 September 2007 to the government’s consultation on possible new build in the UK, BE said private companies should be given the option of investing in new nuclear units and no restrictions should be placed on the amount of new capacity that could be built.

The company also said there is no need for restrictions on the siting

Posted in | »

EU not giving up on nuclear in quest for low-carbon future

Monday, September 24, 2007

With increasing energy-import dependency and the quest for climate-friendly energy production at the top of the EU's political agenda, the Commission last week (21 September) announced the creation of a new research platform to study 'sustainable' nuclear energy.

Posted in | »

Olkiluoto fall

Thursday, September 20, 2007

20 September 2007

A serious occupational accident has happened at Finland’s Olkiluoto unit 3, when a person fell eight metres from the zero level of the turbine plant.

The person was taken to hospital and their condition is serious.

Martin Landtman, TVO senior vice-president of the project, said: “We are very sorry. Our goal in occupational safety is that all accidents should be avoided.”

Posted in | »

Estonia eyes Finnish nuclear plant

Wednesday, September 19, 2007

TALLINN - Top government and energy officials have reiterated Estonia's desire to own a stake in a nuclear power plant that may be built in Finland over the next decade. Prime Minister Andrus Ansip said on Sept. 11 that the Baltic state was interested in the nuclear project which, if built, would be Finland's sixth nuclear power plant.

Posted in | »

Chernobyl to be covered in steel

Tuesday, September 18, 2007

The authorities in Ukraine have approved a giant steel cover for the radioactive site of the world's worst nuclear disaster - Chernobyl.

The existing shelter was hastily constructed after the accident

The existing shelter was hastily constructed after the accident
Ukraine has hired a French firm to build the structure to replace the crumbling concrete casing put over the reactor after the 1986 accident.

The casing project is expected to cost $1.4bn (£700m).

It will take five years to complete and the authorities say they will then be able to start dismantling the reactor.

Posted in | »

Kerncentrale mag niet vloeken met omgeving

Saturday, September 15, 2007

De Stentor, 13 september 2007, door Herre Stegenga

EMMELOORD - De vraag óf er een kerncentrale moet bijkomen in Nederland, is nog niet aan de orde.

Wel laat het ministerie van Economische Zaken een milieuonderzoek los op de vijf locaties die hiervoor in aanmerking komen. Daar hoort de Westelijke Noordoostpolder (Rotterdamse Hoek) ook bij, samen met Borsele, Eems, de Maasvlakte en Moerdijk. Op deze plekken ligt een claim; er mogen geen ontwikkelingen plaatsvinden die de bouw van een kerncentrale in de wielen rijden.

Posted in | »

More states challenge EU emissions caps

Friday, September 14, 2007

More states challenge EU emissions caps

Latvia and Lithuania have become the latest countries tolegally challenge the European commission over cuts to national allocation plans (Naps) for phase II of the EU emissiontrading scheme (EU ETS), bringing the total to seven.

Latvia said on 31 July that it would lodge a complaint with the European court of justice by 26 September.

Posted in | »