Monday, February 15th, 2010
BERLIN, Feb 12, 2010 (IPS) – The enormous technical and financial risks involved in the construction and operation of new nuclear power plants make them prohibitive for private investors, rebutting the thesis of a renaissance in nuclear energy, say several independent European studies.
The risks include high construction costs, likely long delays in building, extended periods of depreciation of equipment inherent to the construction and operation of new power plants and the lack of guarantees for prices of electricity. (more…)
Posted in Areva, Decommissioning, General, Olkiluoto, TVO, Credit crunch, Decommissioning, Financing, Renaissance, TVO | No Comments »
Sunday, January 31st, 2010
The European Nuclear Energy Leadership Academy (ENELA) is going to open in Germany to attract university graduates to the nuclear energy sector and train future leaders in the field.
The founding treaty of ENELA was signed here on Thursday by six European nuclear energy companies, which are shareholders of the academy. (more…)
Posted in Areva, E.ON, EnBW, Germany, Urenco, Vattenfall, ENEF, ENELA, European Commission, Piebalgs | No Comments »
Wednesday, January 20th, 2010
The French nuclear industry is in turmoil as uranium supplies have dried up and the treatment of spent fuel has been blocked amid an increasingly bitter row between the heads of its two main state operators.
EDF, the electricity group that runs 58 reactors in France, said that Areva, the nuclear energy group, had stopped uranium deliveries on January 4 and was refusing to take away spent fuel for reprocessing. (more…)
Posted in Areva, EDF, France, La Hague, Uranium, Waste, Sarkozy, Transport | No Comments »
Friday, January 15th, 2010
Areva is weighing whether to bring out cheaper, less sophisticated nuclear reactors after its flagship EPR lost out to a low-cost South Korean rival in one of the biggest civil tenders last year.
Top management at the French group last week launched a review of its product range to determine whether Areva should reintroduce the simpler second-generation CPR1,000 reactors – which it stopped building 20 years ago – for client countries that are new to nuclear power. (more…)
Posted in Areva, CPR 1000, EPR, France, PWR | No Comments »
Monday, November 30th, 2009
Britain’s main safety regulator threw the government’s energy plans into chaos tonight by damning the nuclear industry’s leading designs for new plants. The Health and Safety Executive said it could not recommend plans for new reactors because of wide-ranging concerns about their safety.
The leading French and American reactors are central to plans for a nuclear renaissance aimed at keeping the lights on and helping to cut carbon emissions. The government needs to build a number of nuclear power stations in the next 10 years to replace old atomic and coal plants. (more…)
Posted in AP1000, Areva, EDF, EPR, Toshiba-Westinghouse, United Kingdom, Greenpeace, Renaissance | No Comments »
Wednesday, November 18th, 2009
COPENHAGEN — Six Greenpeace activists Monday boarded a ship carrying French-made steam turbines bound for a new nuclear power station in Finland, the environmental group said.
The protestors climbed on board the Happy Ranger as it made its way through the Fehmarn Belt strait between Denmark and Germany and unfurled banners including one which read “Nuclear madness, made in France”. (more…)
Posted in Areva, EPR, Olkiluoto, Activism, Greenpeace | No Comments »
Thursday, October 15th, 2009
The executives of electric utilities worldwide are dreaming of a renaissance in nuclear power. But problems with a new, state-of-the-art reactor in Finland suggest that this is unlikely to happen. The industry’s alternative strategy is to modernize older plants to drastically extend reactor lifetimes.
The managers at Finnish electric utility TVO expressed one last wish before ordering what would be the world’s largest nuclear power plant from Siemens and the French nuclear power conglomerate Areva. They wanted the reactor to be painted oxblood red and white, the traditional colors of the picturesque summer homes on Finland’s western coast. (more…)
Posted in Areva, EDF, EPR, Germany, Olkiluoto, RWE, Siemens, TVO, United Kingdom, Activism, PLEX, Renaissance | No Comments »
Tuesday, June 30th, 2009
PARIS (Reuters) – France’s highly radioactive waste will more than double by 2030 mainly as spent fuel derived from nuclear reactors mounts up, the French national radioactive waste management agency (Andra) said on Tuesday.
Andra draws up every three years an inventory of sites polluted with radioactivity and details quantities per waste category as well as volume forecasts. (more…)
Posted in Areva, France, La Hague, Waste, Andra | No Comments »
Friday, May 29th, 2009
OLKILUOTO, Finland — As the Obama administration tries to steer America toward cleaner sources of energy, it would do well to consider the cautionary tale of this new-generation nuclear reactor site.
The massive power plant under construction on muddy terrain on this Finnish island was supposed to be the showpiece of a nuclear renaissance. The most powerful reactor ever built, its modular design was supposed to make it faster and cheaper to build. And it was supposed to be safer, too. (more…)
Posted in Areva, EDF, EPR, Flamanville, Germany, Olkiluoto, TVO, United States, Credit crunch, NEA, OECD | No Comments »
Friday, May 8th, 2009
Power company TVO denies that Finland’s Nuclear and Radiation Safety Authority (STUK) has threatened to stop construction of a nuclear reactor at its plant in Olkiluoto. Nonetheless both TVO and French contractor Areva say they take the criticism seriously.
TVO and Areva admit that plans for an automation safety system have been delayed, but say that STUK has not suggested it would order a stop to construction for this or any other reason. (more…)
Posted in Areva, EPR, Olkiluoto, TVO | No Comments »