Rosatom State Nuclear Energy Corporation has presented to the Energy Ministry its vision of the scenarios of Russia's nuclear development depending on how the financial crisis unfolds, the state corporation's deputy chief Alexander Lokshin told RBC today. He explained that the move had been made at the request of Russian Prime Minister Vladimir Putin, adding that other ministries and agencies were also required to submit their forecasts. The information is to be reviewed at a meeting of a commission headed by Deputy Prime Minister Igor Shuvalov.
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Rosatom presents nuclear development scenarios
Wednesday, November 26, 2008
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RWE Power, Partners Give Go-Ahead for Investment in Romanian Nuclear
Tuesday, November 25, 2008RWE Power, Societatea Nationala Nuclearelectrica and five other partners have given the provisional go-ahead for an investment contract towards the creation of a joint venture company in Romania.
The contract will be signed by the participating companies upon approval by the Romanian government. The contract seeks to construct Unit-3 and Unit-4 of the Cernavoda nuclear power station in Romania, using the Canadian CANDU reactor technology.
French strike cuts 5,000 MW of power capacity-union
Tuesday, November 25, 2008PARIS, Nov 25 (Reuters) - French energy strikers cut a total of 4,000 megawatts of nuclear capacity and 1,000 MW of thermal capacity since Monday night, an official at the CGT union told Reuters on Tuesday.
French strikers are holding a 24-hour strike to protest against salaries and pensions.
"The strike has cut a total of 5,000 MW, this is a very positive outcome for us," the union official said, adding that strikers had been warned by EDF not to cut more capacity to avoid endangering the supply/demand balance.
French nuclear firms confident in credit crisis
Tuesday, November 25, 2008PARIS, Nov 24 (Reuters) - French atomic energy firms may be over-confident when they say their plans to expand abroad will survive the credit crisis unscathed.
Some analysts say financing problems, if prolonged, are bound to delay schemes in a sector with such high capital costs.
France hopes to use its unrivalled atomic expertise to lead a global nuclear revival spurred by rising fossil fuel prices and concerns over climate change. Its firms may even benefit as a slowing economy lowers costs for current building in France.
Tvel, Slovenske Elektrarne Agree on Fuel Supplies to Slovak Npps
Thursday, November 20, 2008Nov 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.
Russia to increase uranium production
Wednesday, November 19, 2008MOSCOW, Nov. 18 (UPI) -- Russia's state-run uranium mining concern Atomredmetzoloto said it would increase uranium production to 3,841 tons this year.
Proven uranium reserves in Russia have reached 545,000 metric tons, a 275 percent increase from 2006, Natural Resources Minister Yury Trutnev said Tuesday, RIA Novosti reported.
NPP Belene meets highest requirements for third generation NPPs
Wednesday, November 19, 2008NPP Belene meets the highest requirements for third generation NPPs, Harmut Pam, vice president of ‘Nuclear Power Plants’ department at RWE Power, said. The Bulgarian government has chosen RWE Power as the main investor in the construction of the second NPP in Bulgaria. Harmut Pam gave a lecture before the 3rd Annual European Conference on ‘Next NPPs generation’ currently taking place in Sofia. According to RWE Power’s strategy, NPP Belene will meet all safety and long-term exploitation requirements, Harmut Pam said.
Romania to sign nuclear power deal
Wednesday, November 19, 2008SOFIA, 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.
Nuclearelectrica: Demand of nuclear energy could fall because of financial crisis
Wednesday, November 19, 2008The international financial crisis, whose impact is felt in Romania, could trigger a rise in the costs with the manpower, and a fall in the demand of nuclear energy, said, on November 12, general manager of Nuclearelectrica Teodor Chirica, at a forum on “Energy in Central and Eastern Europe.”
“The international financial crisis will affect, somehow, the field of nuclear energy. So, the costs with the manpower will increase, and the demand of energy will decline,” said Chirica.
GDF Suez still eyes Bulgaria nuclear power project
Wednesday, November 19, 2008SOFIA, 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.
