Companies

Enel CEO says Italy can build nuclear plant in 7 years

Monday, April 7, 2008

MILAN (Thomson Financial) - Italy could build a nuclear power plant in just seven years if the country uses a site already destined for such purposes in the past, said Fulvio Conti, CEO of the electricity generator Enel SpA, in an interview with Saturday's La Repubblica.

Italy banned the use of nuclear energy in Italy in 1987, but Silvio Berlusconi, the head of a right-wing coalition indicated by opinion polls as the probable winner of general elections to be held on April 13-14, advocates the reintroduction of nuclear power and believes it could take five years to build a power plant.

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Funding for clean-up of nuclear sites is unsustainable, say MPs

Monday, April 7, 2008

The way in which the £73bn clean-up of Britain's nuclear sites is funded is unsustainable and in urgent need of reform, the government is warned today.

More taxpayers' money is also likely to be required to finance the Nuclear Decommissioning Authority (NDA), according to the cross-party business and enterprise committee of MPs.

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NEC launches final round of talks with RWE, Electrabel

Sunday, April 6, 2008

Bulgaria's power grid operator the National Electricity Company (NEC) launched the final round of talks with Germany's RWE and Belgium's Electrabel, who are bidding to become strategic investors in Belene nuclear power plant, sources close to the procedure said, as quoted by mediapool.bg on April 3.

NEC wants the two candidates to clarify their offers for a 49 per cent stake in the company that will build and run Belene. The two 1000MW reactors of the plant are scheduled to be connected to the power grid by 2014.

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Problems at French nuclear construction site for company seeking Ont. contract

Sunday, April 6, 2008

One of the companies competing to build new nuclear reactors in Ontario has run into trouble with regulators in France.

The French nuclear safety watchdog says there are a number of serious infractions in the Areva construction of a reactor in northern France - the same type of reactor it wants to sell to Ontario.

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Czech president voices support for nuclear energy

Friday, April 4, 2008

PRAGUE (Thomson Financial) - Czech President Vaclav Klaus reiterated support for the further use of nuclear energy in the Czech Republic after a meeting with the industry minister Wednesday, news agency CTK reported.

'If we want to have electric energy, we cannot get along without nuclear energy,' Klaus was quoted as saying.

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Ukraine contracts for nuclear fuel

Thursday, April 3, 2008

KIEV, Ukraine, March 31 (UPI) -- Utility giant Westinghouse Electric Co. signed a contract Monday to supply Ukraine's nuclear power plants with fuel from 2011-15, the company said.

Ukraine relies heavily on natural gas supplies from Russia, RIA Novosti reported. As such, in January 2006, Ukrainian President Viktor Yushchenko announced plans to initiate nuclear fuel production in the country.

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Thorp restarts nuclear reprocessing

Thursday, April 3, 2008

The Thorp nuclear fuel reprocessing plant at Sellafield has restarted commercial operations three years after it was closed following a radioactive leak - a development that should ease the funding crisis at the government's Nuclear Decommissioning Authority.

The Thermal Oxide Reprocessing Plant, or Thorp, at the nuclear complex in west Cumbria, is a large source of income for the owner NDA, which is responsible for cleaning up the UK's nuclear reactor sites and dealing with radioactive waste.

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Help sought on 100-tonne plutonium stockpile

Thursday, April 3, 2008

The Nuclear Decommissioning Authority on Wednesday will appeal to industry for help in dealing with the UK's 100-tonne stockpile of plutonium, and in deciding whether to treat it as waste or reuse it as fuel for nuclear reactors.

One option being considered is for the highly radioactive plutonium to be used to make fuel for a new nuclear reactor at Sellafield, where the plutonium is currently stored. But the question of whether the plutonium should be used or disposed of could reopen the debate on nuclear reprocessing and whether spent fuel from the next generation of nuclear reactors should be reused.

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Ukraine's nuclear authorities are playing with fire

Wednesday, April 2, 2008

MOSCOW. (RIA Novosti commentator Tatyana Sinitsyna) - Ukrainian politicians have made one more move aimed at easing their dependence on Russia's nuclear fuel supplies.

In late March, Ukraine's nuclear power company Energoatom signed a five-year contract with U.S.-based Westinghouse Electric Company to provide nuclear fuel to three Ukrainian reactors at the Yuzhnoukrainsky nuclear power plant in 2011-2015.

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Latvia to pay Russia $700,000 for removal of spent nuclear fuel

Wednesday, April 2, 2008

RIGA, April 1 (RIA Novosti) - Latvia's government made a decision on Tuesday to pay $700,000 to Russia for the removal and burial of spent nuclear fuel from the dismantled Salaspils research reactor.

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