Dec 11 (Reuters) - French nuclear reactor maker Areva will announce large losses on Tuesday when the group unveils its strategy, French Industry Minister Eric Besson said on Sunday.
"I can confirm that Areva will announce losses," Besson told Radio J. "In all likelihood, they will be big."
HELSINKI/PARIS, Oct 12 (Reuters) - Finnish utility firm Teollisuuden Voima (TVO) blamed supplier Areva for further delays to the construction of its Olkiluoto 3 nuclear power plant which may further push back operations to 2014.
The 1,600 megawatt plant Olkiluoto 3, Finland's fifth nuclear reactor, was originally scheduled to start operations in 2009 but delays and soaring costs meant TVO revised its start date to 2013.
The UK nuclear regulator said Wednesday it expects both the Areva EPR and the Westinghouse AP1000 reactors to have unresolved safety issues when the generic design assessment, or GDA, program completes next year. In a quarterly progress report released Wednesday, the NII said it has potential open issues in 10 out of 18 topical areas on the Areva EPR design review and in 16 out of the 18 topical areas on the Westinghouse AP1000 design.
MUMBAI: Retired supreme court judge P B Samant, former admiral L Ramdas, retd high court judge B G Kolse-Patil and Vaishali Patil, the Medha Patkar of Konkan, are among those who have been banned from entering Ratnagiri district in view of the 'jail bharo' agitation on October 29 at Jaitapur, where India's biggest nuclear power plant (10,000 MW) is to come up.
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.
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.
Enel and Inter RAO have signed a memorandum of understanding (MoU) for cooperation in
future nuclear projects and building new technical innovation, energy efficiency, distribution, both in Russia and Eastern Europe.
The companies plan to develop a new nuclear plant in Kaliningrad, which is said to be the first public-private partnership in the nuclear sector in Russia.
Constant hold-ups, skyrocketing costs, faulty construction…Finland’s new Olkiluoto reactor, touted as the great white hope for Europe’s nuclear sector, is looking more and more like a great white elephant – and casting a fat black shadow over the whole industry.
Nuclear safety authorities in four countries are assessing the significance of undocumented welding on primary circuit piping for the EPR reactor under construction at Olkiluoto-3, Petteri Tiippana, director of the nuclear reactor regulation department at the Finnish Radiation and Nuclear Safety Authority STUK, told Platts in an interview Thursday.
But Tiippana said that contrary to a statement made Wednesday by Marie-Pierre Comets, a commissioner of French nuclear safety authority ASN, regulators from Finland, France, the UK and the US are not preparing a joint statement on the piping qual
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.
