GDF Suez

Romania to sign nuclear power deal

Wednesday, November 19, 2008

SOFIA, Nov 18 (Reuters) - Romania is due to sign a deal with selected foreign bidders to build two more reactors at its nuclear power plant in Cernavoda on Nov. 20, one of the investors, GDF Suez, said on Tuesday. Earlier this year, the Balkan country decided to retain a 51 percent stake in the planned reactors and leave the remaining 49 percent for the six bidders it chose last year as partners.

The partners are Belgian Electrabel, owned by French power giant GDF Suez, German power giant RWE, Czech utility CEZ, Italy's Enel, Spain's Iberdrola and a Romanian unit of steel giant ArcelorMittal.

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GDF Suez still eyes Bulgaria nuclear power project

Wednesday, November 19, 2008

SOFIA, Nov 18 (Reuters) - French power giant GDF Suez said on Tuesday it would decide whether to share a stake in a Bulgarian nuclear project with RWE after examining a deal agreed between the German utility and Sofia.

The Bulgarian government last month chose RWE to become a strategic partner for a 49 percent stake in the planned Belene plant and gave the option to split the stake with the second-listed bidder, Belgian Electrabel, owned by GDF Suez.

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Total sees nuclear energy for growth after peak oil

Wednesday, November 19, 2008

DOHA, Nov 10 (Reuters) - French oil and gas giant Total is targeting nuclear energy to drive growth long after oil and gas output peak, a top executive said on Monday.

"In the future, energy demand will be constrained by tight supply," Arnaud Chaperon, Total's senior vice president for electricity and new energies, said in a presentation to a nuclear energy conference in Qatar.

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Stiff opposition to nuclear charge

Friday, October 17, 2008

Electrabel has reacted strongly against a plan from the Belgian government to force a one-off payment of €250 million ($338 million) from nuclear power generators.

The company's parent group, GdF-Suez has told the Belgian government that it "emphatically protests" a draft of new legislation which requires nuclear operators - and nuclear operators only - to make a "contribution" of €250 million to government coffers for the 2008 financial year.

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Electrabel disputes Belgium's nuclear tax bill

Tuesday, October 7, 2008

AMSTERDAM, Oct 6 (Reuters) - Belgium's proposals to charge the country's nuclear power generators a one-off tax of 250 million euros ($339.8 million) are in conflict with previous agreements, Belgian energy company Electrabel said.

The Belgian cabinet is set to present a bill to parliament to levy the charge against all nuclear players in the country for 2008 in return for keeping five out of seven of the country's nuclear reactors open.

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Bulgaria close to picking winner for nuclear plant

Friday, October 3, 2008

SOFIA, Oct 2 (Reuters) - Bulgaria is close to choosing a winner between Belgian energy firm Electrabel and Germany's RWE AG to make a strategic investment in a planned 4 billion euro ($5.6 billion) nuclear plant, Bulgarian utility NEK said on Thursday.

In August, state-owned NEK asked RWE and Electrabel, owned by France's GDF Suez, to improve their offers for a 49 percent stake in the plant it is building to restore Bulgaria's position as a leading power exporter in southeastern Europe.

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Sole bidder in Turkey's first nuclear plant tender Atomstroyexport

Wednesday, September 24, 2008

Turkey received six envelopes in the tender for the construction of the first nuclear power plant but only one of them was a bid, the general manager of Turkey's Electricity Trade Corp (TETAS) said Wednesday.

Haci Duran Gokkaya said Russian Atomstroyexport is the sole bidder of the tender, adding the rest of the submitted envelopes were expressions of thanks.

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Turk PM sees no postponement for nuclear tender

Monday, September 22, 2008

ANKARA, Sept 22 (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Monday there was no plan to postpone a tender to build and operate Turkey's first nuclear power plant, scheduled for Wednesday.

Turkey has set a deadline of Sept. 24 for bids to build the plant at Akkuyu near Mersin on the Mediterranean coast with a capacity of 4,000 megawatts, plus or minus 25 percent.

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Belene nuclear power plant construction starts

Tuesday, September 2, 2008

The groundbreaking ceremony for the official start of construction on the second Bulgarian Belene nuclear power plant is scheduled for September 3. Bulgaria’s Prime Minister Sergei Stanishev will turn the first sod, according to the Bulgarian Socialist Party’s press centre in the northern city of Pleven, as quoted by Bulgarian-language daily Dnevnik.

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Vinci, Suez potential bidders for Turkish nuclear license

Wednesday, August 27, 2008

Vinci SA of France, Brussels-based Suez-Tractebel SA and China Guandong Nuclear Power Group Co. are among the international companies to express interest in building Turkey's first nuclear-power station.

Representatives from the companies, which all applied for documents in the Turkish government tender, will meet with Energy Minister Hilmi Guler in the capital Ankara on Monday, the ministry's spokesman was quoted as saying by news agencies.

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