Archive for the ‘British Energy’ Category

Coal regains crown as slump in nuclear output raises fears of power shortages

Sunday, November 16th, 2008

ENERGY GAP: Power suppliers are turning back the clock to use coal-fired plants as their main source of electricity in a bid to avert potential shortages this winter.

POWER SUPPLIERS are turning back the clock to use coal-fired plants as their main source of electricity in a bid to avert potential shortages this winter. (more…)

British Energy Sizewell B2 nuclear plant off line

Wednesday, November 12th, 2008

LONDON, Nov 10 (Reuters) - The B2 turbine at British Energy’s Sizewell nuclear power plant was offline on Monday morning, a website operated by the National Grid showed.

The unit in southeast England has capacity of 594 MW. (more…)

Police given £10k for Sizewell protests

Thursday, November 6th, 2008

POLICE officers who are called to protests outside Suffolk’s nuclear power station will receive specialised training and equipment courtesy of those who own the reactor.

British Energy has given £10,000 to the county’s police force to help them remove campaigners from the site at Sizewell. (more…)

Britain sets up nuclear funding watchdog

Tuesday, November 4th, 2008

LONDON, Nov 3 (Reuters) - Britain has set up a watchdog to ensure that decommissioning the nuclear power plants that the government wants to be built, and disposing of the waste, does not cost the taxpayer anything.

The Nuclear Liabilities Financing Assurance Board (NLFAB) will scrutinise how the companies planning to build the new power plants will pay to shut them at the end of their useful lives and clean up the radioactive waste they produce. (more…)

EDF banks struggle to share loan risk -paper

Tuesday, November 4th, 2008

PARIS, Nov 4 (Reuters) - The seven banks guaranteeing a loan to help French power company EDF finance the takeover of British Energy are struggling to find additional banks to share the risk, Les Echos reported on Tuesday.

EDF last month launched an 11 billion pound ($17.9 billion) loan backing the 12.5 billion pound acquisition with BNP Paribas, Societe Generale, Calyon, HSBC 005.HK, Royal Bank of Scotland, Barclays Capital and Bank of Tokyo Mitsubishi. The loan was conservatively structured with short-term maturities and generous pricing after EDF’s bid was recommended by British Energy’s board in September. (more…)

British Energy’s Hunterston B7 shutdown unplanned

Wednesday, October 22nd, 2008

LONDON (Reuters) - British Energy’s Hunterston B7 nuclear reactor was shutdown manually late on Tuesday but it is still unclear why the reactor in Scotland needed to be stopped, a spokesman for the company said.

“We are still looking into that,” he said on Wednesday. (more…)

Repairs to coal plant are hit by nuclear backlog

Wednesday, October 15th, 2008

REPAIRS at British Energy’s coal-fired Eggborough power station will be delayed until next year after the company said maintenance of its ageing nuclear power reactors is taking longer than expected.

The nuclear power group, which recently agreed to a £12.5bn marriage with French giant EDF, said maintenance of a unit at Eggborough in North Yorkshire will now happen in the first quarter of next year rather than November. (more…)

Delay at nuclear power plants

Saturday, October 11th, 2008

BRITISH Energy yesterday admitted that work had fallen behind schedule at its Hartlepool and Heysham 1 nuclear power plants and that they would be unlikely to return to service until early next year.
Maintenance work is also set to cost “marginally more” than estimated, the East Kilbride-headquartered company added.

British Energy, which last month agreed a £12.5billion takeover by France’s state-owned power group EDF, owns and runs the UK’s eight nuclear power stations, including Torness in East Lothian.

Power fears as nuclear output cut

Tuesday, October 7th, 2008

MORE than half of Britain’s nuclear power stations are either closed or working at reduced capacity, it emerged yesterday, prompting fears of power shortages next month.

Six of the UK’s ten nuclear stations are not operating at full capacity. Three are completely closed, one is operating at half capacity and two have been reduced to 70 per cent because of safety fears. (more…)

Britain’s family uranium is safe in French hands

Monday, September 29th, 2008

Vincent de Rivaz, the chief executive of France’s EDF Energy, which is now in control of the UK’s nuclear energy programme, doesn’t laugh when I ask if he has succeeded where Napoleon failed.

“It’s not a war,” he says, very seriously. “This is an amicable agreement between two companies which will bring good news to everyone involved. Will it bring stability to customers for electricity bills? Yes. Will it bring new jobs? Yes. Will it improve climate change? Yes.” (more…)