Nuclear power in Europe

BRUSSELS, July 20 (Reuters) – Cash-strapped European Union governments will not have to provide fresh money in order to fill a 1.4 billion euro ($1.81 billion) funding gap in a project to commercialise nuclear fusion — the process that powers the sun. Increased complexity and rising construction costs have seen the price tag for the [...]

PARIS, July 21 (Reuters) – French power company EDF said it might allocate half of its Reseau de Transport d’Electricite (RTE) power grid to a portfolio of assets set up to fund the dismantling of nuclear reactors. Under a 2006 law on financing nuclear expenses, EDF must build up a portfolio of dedicated assets to [...]

WARSAW (IDN) – Backed by the U.S. and France, Poland is set to tread the nuclear path and hopes to start generating atomic power by 2021. Presently, coal accounts for over 93 percent of the eastern European country’s electricity, demand for which is expected to double by 2025. A four-stage plan announced by Hanna Trojanowska, [...]

Energy Solutions is adopting a new international business strategy whereby, rather than importing foreign radioactive waste for processing and disposal at its US facility, it will help overseas customers dispose of such waste in their own country. The company – which has faced strong opposition to its plan to import waste from decommissioned nuclear facilities [...]

Sofia. It is impossible to buy uncertified nuclear fuel for Kozloduy NPP. I am certain about that, Ivan Grizanov, former MP and former chief of the Board of Directors of Kozloduy NPP, told FOCUS News Agency He was asked to comment on the protest staged by the Bulgarian nuclear physicist Georgi Kotev in Schuman square [...]

LONDON, July 18 (Reuters) – Britain must reform electricity markets if it is to secure the private investment needed to meet its carbon emissions targets, according to a study by KPMG. The report, which will be published on Monday, said the British government’s approach to investment in low-carbon generation was inconsistent and clearer planning was [...]

Bulgaria aims to limit the cost of the Belene nuclear plant being built by Russia’s ZAO Atomstroyexport to 7 billion euros ($8.8 billion), Prime Minister Boiko Borissov said. Borissov met today with Russia’s First Deputy Prime Minister Viktor Zubkov in Sofia to discuss joint energy projects including construction of the 2,000-megawatt power plant on the [...]

Construction of Electricite de France SA’s EPR nuclear reactor at Flamanville in Normandy is running about 24 months late, Le Figaro reported, citing an unidentified person. EDF’s director in charge of the project, Herve Machenaud, responded that progress is still being evaluated, the newspaper said. The company is likely to publish a new calendar for [...]