Atomenergoprom

The CZK 500 billion game

Wednesday, October 21, 2009

Although the information hasn’t made front page headlines yet, the biggest behind-the-scenes swarm of lobbyists is now hovering over the construction of two additional reactors at the Temelín nuclear plant. The actual deal looks "somewhat" different. The state-owned energy giant ČEZ is looking to secure five nuclear reactors: two for Temelín and another three for power plants that the energy company plans to build abroad, altogether, a contract worth CZK 500 billion. It’s a gigantic tender, the biggest in Czech history.

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Nuclear Power: Curse or Opportunity?

Thursday, December 11, 2008

Balkan states are gambling on the nuclear option as the best way to reduce the energy shortage but whether the risks pay off remains to be seen.

The three guards stand at the gate in the 40°C afternoon heat, ignoring the bustle around them. Grim-looking barbed wire coils round the top of the tall fence, as if designed to stop convicts escaping from prison.

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Tvel, Slovenske Elektrarne Agree on Fuel Supplies to Slovak Npps

Thursday, November 20, 2008

Nov 17 (Interfax) - The Russian nuclear fuel producer TVEL and Slovenske Elektrarne signed two long- term contracts on the production and delivery of fuel to Slovak nuclear power plants on Monday, an Interfax correspondent reported from the signing ceremony.

Slovenske Elektrarne Director General Paolo Ruzzini and TVEL President Yuri Olenin are signatories to the document. The ceremony took place at the TVEL Machine-Building Plant.

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Turkey to change nuclear energy tender law-source

Sunday, November 16, 2008

ISTANBUL, Nov 11 (Reuters) - Turkey will make changes to a nuclear energy tender law nearly two months after it received just one bid in a tender to build the country's first nuclear power plant, an Energy Ministry source told Reuters on Tuesday.

A consortium comprised of Russian Atomstroyexport and Inter Rao along with Turkey's Park Teknik Group was the sole bidder in a tender to build and operate Turkey's first nuclear power plant in Mersin on the Mediterranean coast.

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Kozloduy nuclear power plant pays back loan

Sunday, November 16, 2008

Bulgaria's sole nuclear power plant at Kozloduy on the Danube River said on November 14 that it paid back early a $52.5 million loan to Russia's state-owned Roseximbank, which it took to upgrade its two working 1000MW reactors.

The reason for the early repayment of the loan, due in 2021, was avoiding currency risks, the plant said, as quoted by website mediapool.bg. The loan was denominated in US dollars, while its revenue was in leva and euro, the plant operator said.

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Belene nuke builder served new contract

Wednesday, November 12, 2008

Sofia. Russian company Atomstroyexport, which was picked to build Bulgaria’s nuclear power plant in the Danube town of Belene, said it has signed an annex with national power utility NEK to supply the corpus, steam generator and the turbine for the plant’s first block, as the online English edition of Dnenvik Daily reported.

The Bulgarian party was tight-lipped on the matter.

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Bulgaria urges RWE to approve Belene nuclear

Friday, November 7, 2008

SOFIA, Nov 6 (Reuters) - Bulgaria urged German power utility RWE on Thursday to reject pressure from green activists and approve a deal to become a strategic investor in a planned 4.0 billion euro ($5.16 billion) nuclear power plant.

Deputy Energy Minister Yavor Kuyumdzhiev said Bulgaria will wait for RWE's supervisory board approval of the deal until the spring of 2009, when construction of the 2,000 megawatt Belene plant should start.

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Greenpeace says Belene nuclear plant the world's most dangerous-report

Tuesday, November 4, 2008

Bulgaria's planned nuclear power plant at Belene on the Danube River is amongst the most dangerous contemplated projects of its kind in the whole world, Greenpeace nuclear analyst Heinz Smital has said, as quoted by Deutsche Welle.

According to Smital's warning, Belene was massive and irresponsible gamble, which would only tarnish the reparation of RWE, the German company picked as the strategic investor in the nuclear power plant. Far worse, the German company was playing Russian roulette with people's lives in the entire region of South-Eastern Europe, he said.

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Turkey pushes energy projects despite crisis

Wednesday, October 22, 2008

BANDIRMA, Turkey, Oct 22 (Reuters) - Energy import-dependent Turkey is pressing ahead with large energy investments despite global financial woes and ongoing private sector projects will raise capacity to 62,600 megawatts from 40,000 MW.

Turkey, a major energy importer, is under pressure to increase power capacity and liberalise the sector in the face of sharply rising demand, fuelled by economic growth and a rapidly growing population.
However, the shrinking global liquidity and lessening risk appetite generated by the financial crisis has raised concerns about companies' ability to raise the necessary funding and uncertainty surrounds some projects.

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Ukraine to sign nuclear fuel deals with Russia by yearend

Tuesday, October 21, 2008

KOLONTAYEVO (Moscow Region), October 21 (RIA Novosti) - Ukraine is set to sign three nuclear fuel deals with Russia by the end of this year, the president of the Ukrainian nuclear power plant operator Energoatom said on Tuesday.

Yuriy Nedashkovskiy said two of the deals involved fuel supplies for Ukrainian nuclear power plants, while the other covers the production and enrichment of nuclear fuel from Ukrainian raw materials.

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