PARIS (Thomson Financial) - Nuclear power plant maker Areva denied a report on the website of the French business magazine Capital that it may be obliged to pay 2.2 billion euros in penalties to Finnish power generator TVO for delays in the construction of the Olkiluoto 3 nuclear plant.
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Areva denies report it may have to pay TVO 2.2 bln eur for nuclear plant delays
Thursday, May 22, 2008
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Man held after Swedish nuclear plant gets bomb threat
Wednesday, May 21, 2008STOCKHOLM, May 21 (Reuters) - Swedish state energy firm Vattenfall said the country's Oskarshamn nuclear plant had received a bomb threat on Wednesday, and a source at the site said a building was sealed off after an employee was found carrying explosives.
Police said they were questioning a suspect at the Oskarshamn plant, south of Stockholm on the Baltic coast, but could not immediately confirm he was an employee of the facility.
Nuclear waste: Huntsman slams door on Italian import
Saturday, May 17, 2008Utah Gov. Jon Huntsman Jr. has wisely waded into the fray, and from all indications, dealt a knock-out blow to EnergySolutions' plan to import low-level radioactive waste from Italy's nuclear power industry.
Huntsman said he will instruct his representative on the board of the Northwest Interstate Compact on Low-level Radioactive Waste, state Department of Environmental Quality Deputy Director Bill Sinclair, to vote against the plan on May 8. And Sinclair says he will comply with the governor's request.
The Kazakh Rockefeller of Nuclear Fuel
Saturday, May 17, 2008KAMENOGORSK, Kazakhstan — The flame-licked doors of a hydrogen furnace clattered open at a Cold War-era bomb factory in Kazakhstan's Ural Mountains, spilling a tray of baked metal capsules into the pale winter light. Each enriched-uranium pellet the size of a Brazil nut packs almost as much energy as a ton of coal.
Nuclear diplomacy
Saturday, May 17, 2008British Energy proves a slow sell
EVEN today, 13 years after it was built, Britain's newest nuclear-power station looks futuristic, with its landmark white containment dome and the blue haze of Cerenkov radiation in the cooling pond. In contrast to the huge furnaces needed to burn coal, a reactor core at Sizewell B roughly the size of a smallish lorry produces 3% of Britain's electricity. But its construction was so controversial—sparking one of the longest planning inquiries ever—that, after it was finished, nuclear power was abandoned for a generation.
British Energy bidding war hopes recede
Saturday, May 17, 2008Hopes of a bidding war for British Energy were dealt a blow yesterday after it became clear that Vattenfall, Suez and Eon were not planning to bid for the UK nuclear group.
This leaves RWE of Germany and France's EDF as the most likely bidders for the UK government's 35 per cent stake in British Energy before the deadline of Friday, May 9. Both companies - which have power generation operations in the UK - declined to comment.
Prospects for nuclear financing
Saturday, May 17, 2008Silvia Pavoni reports on the potential and pitfalls of private finance for the UK´s new nuclear power station building programme.
Politicians are famous for announcing grand policy initiatives that have not been properly thought through and that then prove unworkable in practice. The UK government´s new nuclear power programme might be seen as one such ill thought out venture. It wants to build 10 new nuclear plants, replacing existing ones that are due to close, and proposes that the financing should be fulfilled entirely by the private sector. The first plant is planned to become operational by 2017 and the government hopes that the scheme will increase nuclear energy supply from the current 19% of national consumption.
EDF faces challenge over nuclear technology
Saturday, May 17, 2008EDF, the French utility, could face a legal challenge over the technology it has decided to use in building Britain’s latest generation of power stations.
EDF announced last May that it planned to employ Areva, the French nuclear energy group, but its decision, which was made without giving rival reactor manufacturers an opportunity to bid for the contract, could be illegal under European law, according to Ros Kellaway, partner and head of EU competition law in Eversheds.
France launches international wing of nuclear agency
Thursday, May 8, 2008PARIS, May 7 (Reuters) - The French cabinet passed a decree on Wednesday allowing the country's Atomic Energy Commission to promote French nuclear expertise and safety standards globally.
The Commission's new international division will help other countries build nuclear power stations safely and without harming the environment, while ensuring the technology is not used for weapons, the government said in a statement.
"Kola NPP among the best in Russia"
Tuesday, May 6, 2008The Kola Nuclear Power plant has for a long time been among the best three power plants in Russia, head engineer of the plant says. The plant will now become a part of the new giant federal company Atomenergoprom.
