Companies

Pressure on for a nuclear renaissance

Tuesday, September 30, 2008

Like other industrial nations, Germany faces a formidable challenge in covering its future energy needs amid rising raw material prices, the threat of climate change and worries about the reliability of oil and gas supplies.

A decision eight years ago to phase out nuclear energy, which provides a quarter of Germany's electricity consumption, is making it especially hard on Europe's largest economy to meet its three goals: lowering its dependence on imported fuel, cutting harmful carbon gas emissions, and maintaining a plentiful power supply at prices industry and households can afford.

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Russia to contribute $17 mln to Chernobyl cleanup

Tuesday, September 30, 2008

VIENNA, September 29 (RIA Novosti) - Russia will provide $17 million to help improve safety at the Chernobyl nuclear power plant, the site of the world's worst civilian nuclear disaster, and fully decommission it, a top Russian nuclear official said on Monday.

Three reactors of the Chernobyl plant continued to operate for several years after reactor number four exploded in 1986, the last reactor shutting down in 2000. The reactors still contain nuclear fuel rods, and require constant monitoring. The fourth reactor is housed in a Soviet-era sarcophagus set to be replaced by a $1.4 bln metal structure.

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Britain's family uranium is safe in French hands

Monday, September 29, 2008

Vincent de Rivaz, the chief executive of France's EDF Energy, which is now in control of the UK's nuclear energy programme, doesn't laugh when I ask if he has succeeded where Napoleon failed.

"It's not a war," he says, very seriously. "This is an amicable agreement between two companies which will bring good news to everyone involved. Will it bring stability to customers for electricity bills? Yes. Will it bring new jobs? Yes. Will it improve climate change? Yes."

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Tricastin reactor 4 restarts after long outage

Monday, September 29, 2008

PARIS, Sept 26 (Reuters) - EDF said on Friday it had restarted its nuclear reactor 4 at the Tricastin plant on Sept. 25 after a 10-week long outage for refuelling and maintenance.

The reactor 2, which stopped on Aug. 30 due to an incident, was still offline.

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Ukraine to put $90 mln into nuclear fuel reserve - Energoatom

Monday, September 29, 2008

KIEV, September 26 (RIA Novosti) - Ukraine's government has proposed allocating 450 million hryvnias ($90 million) in next year's budget to set up a strategic nuclear fuel reserve, the country's UNIAN new agency said.

"I think we will start gradually forming a fuel reserve next year," Yuri Nedashkovsky, head of state nuclear power utility Energoatom, was quoted as saying on Thursday.

He said the allocation had been included in the draft budget for 2009.

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Spain nuclear plants must boost safety -minister

Monday, September 29, 2008

MADRID, Sept 29 (Reuters) - Spain's nuclear power stations must invest in safety if their operating permits are to be renewed in the next three years, Industry Minister Miguel Sebastian said on Monday.

Permits for seven of Spain's eight ageing nuclear plants expire between 2009-11, or within the mandate of the recently re-elected Socialist government.

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German Gundremmingen C reactor shut as planned-RWE

Monday, September 29, 2008

FRANKFURT, Sept 29 (Reuters) - The southern German Gundremmingen C nuclear reactor was shut on Sept. 28 as planned, operator RWE's transparency website showed early on Monday, confirming earlier plans.

The 1,344 MW unit is due to be reconnected between Nov. 5 and 7, it also showed.

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Bulgaria regulator cleans nuclear plant image

Friday, September 26, 2008

SOFIA, Sept 26 (Reuters) - Bulgaria's nuclear regulator on Friday rejected accusations that nuclear power plant Kozloduy used dangerous recycled fuel, firing back against sustained criticism of the plant's safety.
In July, a nuclear scientist and long-term Kozloduy employee, Georgi Kotev, accused the plant in his web blog and several media interviews of using second-hand fuel.

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Russia and Belarus will have nuclear power plants close to Lithuania

Friday, September 26, 2008

Russia and Belarus will both have nuclear power plants close to Lithuania by the time Ignalina nuclear power plant has a replacement, The Baltic Times quotes the president of the Lithuanian Industrialists’ Confederation and the majority owner of Achema Group, Bronislavas Lubys.

Lubys said that he is certain that before Lithuania builds its planned new nuclear power plant, Russia and Belarus will construct two new atomic power stations in the region.

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EDF completes UK nuclear line-up

Wednesday, September 24, 2008

Less than two months after British Energy shareholders walked away from an earlier deal, EDF has bagged the UK nuclear power generator in a £12.4bn deal.

Selling British Energy to EDF is about more than just a handover of physical assets.

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