Germany

German nuclear waste finally reaches storage site

Wednesday, November 10, 2010

DANNENBERG, Germany -- A shipment of nuclear waste from France reached a storage facility in northwestern Germany on Tuesday after police worked through the night to clear a road blockade by over 3,000 protesters.

For nearly four days, anti-nuclear protesters have rappelled from bridges, undermined roads, and formed human shields across the shipment's route in an attempt to slow it down. A shepherdess even herded 500 sheep and some 60 goats across the road Monday between Dannenberg - where the shipment was offloaded from train cars onto trucks - and Gorleben in a bid to slow it down.

Posted in | »

Lithuania pleased at German support for nuclear plant

Tuesday, November 2, 2010

Vilnius - Lithuanian Foreign Minister Audronius Azubalis on Tuesday praised German support for a planned nuclear power station to be built in the Baltic country, describing it as a 'guarantee' to potential investors.

Posted in | »

German parliament passes law to extend use of nuclear power

Thursday, October 28, 2010

Despite public protests and angry diatribes from the opposition, the German government on Thursday took the first major hurdle in a parliamentary vote toward extending the lifespans of nuclear power plants.

Posted in | »

Europe eyes deep disposal for nuclear waste problem

Thursday, October 28, 2010

A leaked European Commission draft report says Europe should solve the problem of handling nuclear waste by making industry pay to stash it deep underground, where it will be overseen by independent watchdogs.

"The current situation of spent fuel and radioactive waste management in EU member states is not satisfactory," says the draft, seen by Reuters Thursday.

Posted in | »

EU commission nuclear waste plans 'full of gaps'

Tuesday, October 26, 2010

Green MEPs say the commission's draft proposals on a nuclear waste directive contains "serious and alarming gaps."

EU energy commissioner Oettinger will unveil the commission's ideas for a directive on the management of spent fuel and radioactive waste on November 3.

Posted in | »

German nuclear tax weighs on utilities' credit ratings

Tuesday, October 26, 2010

When Germany announced its plan to phase out nuclear power stations last month, shares in the big four German power companies rose. The agreement made with the German government would see Eon, RWE, EnBW and Vattenfall pay a nuclear-fuel rods tax of EUR2.3bn until 2016 - but the market had been expecting worse.

But today Moody's has warned that the impact of the tax might yet force a downgrade of the companies' credit ratings.

Posted in | »

France's EDF designs reactor to challenge Areva: report

Wednesday, October 6, 2010

PARIS - French electricity generator EDF is working on two new nuclear reactor designs of its own which could rival those made by Areva, the world's biggest atomic energy company, the Expansion magazine said.

In a report to appear Wednesday, Expansion said EDF is "looking at its own series of reactors," power rated at 1,000 and 1,500 Megawatts, which if finalised could be competition for Areva's third generation European Pressurised Reactor (EPR) and its Atmea design.

Posted in | »

German utilities spook investors with nuclear gamble

Tuesday, October 5, 2010

FRANKFURT, Oct. 4 (Reuters) - German utilities' gamble of sacrificing near-term profits in exchange for extending the lifespans of their 17 nuclear plants is pressuring shares and may misfire if the political situation changes.

Last month, the government agreed with the four operators of Germany's nuclear power plants to extend the plants' life by 12 years on average in exchange for at least 31 billions euros ($42.45 billion) of payments.

Posted in | »

Search for German waste dump goes on

Thursday, September 23, 2010

The German government is to investigate whether a temporary nuclear waste storage site in the town of Gorleben could be turned into a permanent facility. The review, due to start in October, may be overseen by private bodies.

Posted in | »

Opposition fuming over secret nuclear deal

Wednesday, September 22, 2010

The German opposition has reacted angrily over revelations that the government, as part of its decision to extend the life of nuclear power in Germany to the mid 2030s, struck a deal with the nuclear industry to shield it from unfavorable future political decisions.

Posted in | »