RWE

Bulgaria dashes to order Belene nuclear powerplant equipment

Thursday, October 30, 2008

Bulgaria and the strategic investor in the Belene nuclear powerplant, German RWE, would put pen to paper as soon as possible, said Mardik Papazyan, executive director of national power grid operator NEK.

The state would add 300 million leva to the operator’s capital so that it could order the equipment, which was expected to long to produce as Russian plants were overwhelmed with orders for Chinese and Turkish nuclear plants, Papazyan said.

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Macedonia to Decide on Bulgarian Nuke

Friday, October 24, 2008

24 October 2008 Skopje _ In the following three months Skopje will decide whether to take part in the construction of the Bulgarian nuclear power plant at Belene that could solve Macedonia´s power shortages in the future.

Macedonia´s deputy prime minister Zoran Stavreski who recently visited Belene said this Friday in his column in the local daily Dnevnik that Macedonia "would participate by financing the project with a certain amount of money. In return, the country would receive part of the electricity produced".

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Belene Nuke Stirs Discord in RWE

Thursday, October 23, 2008

The construction of Bulgaria's second NPP in Belene (the Danube) turned out to be the apple of discord in the energy giant RWE, reported the German Die Welt. The RWE were short-listed as the NPP strategic investor. The company CEO, Jurgen Grossmann plans the company's participation in the project despite the resistance of RWE Supervisory Board.

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RWE expects to build 3 to 5 n.power plants-paper

Wednesday, October 22, 2008

FRANKFURT, Oct 22 (Reuters) - Germany's RWE, the country's largest power producer, expects to build three to five new nuclear power plants with partners in Europe, the company's chief executive told German paper Sueddeutsche Zeitung.

The exact number depends on the partners the company finds for any given projects and the financing, RWE's Chief Executive Juergen Grossmann said in the interview.

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Two German nuclear plants to run beyond 09 election

Tuesday, October 21, 2008

FRANKFURT, Oct 20 (Reuters) - German nuclear power plant operators EnBW and RWE confirmed they will keep two reactors running beyond 2009, when a general election might change nuclear policy.

The two companies on Monday confirmed a weekend media report which said the Neckarwestheim 1 and Biblis A installations will run at least well into 2010, although under the nuclear exit law they should have shut next year.

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Bulgaria pours 300M leva in Belene nuclear plant

Friday, October 17, 2008

Bulgaria's Cabinet plans to inject 300 million leva into the National Electric Company (NEK) to cover the costs of the transitional stage of building the nuclear power plant at Belene on the Danube River, the Government press service said in a statement.

The cash would be given as an equity hike in NEK, which is now part of the Bulgarian Energy Holding (BEH) that the Cabinet created in September 2009 by integrating Maritza Iztok mines, Maritza Iztok 2 thermal power plant and NEK into the holding structure of gas provider Bulgargaz.

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Bulgaria close to picking winner for nuclear plant

Friday, October 3, 2008

SOFIA, Oct 2 (Reuters) - Bulgaria is close to choosing a winner between Belgian energy firm Electrabel and Germany's RWE AG to make a strategic investment in a planned 4 billion euro ($5.6 billion) nuclear plant, Bulgarian utility NEK said on Thursday.

In August, state-owned NEK asked RWE and Electrabel, owned by France's GDF Suez, to improve their offers for a 49 percent stake in the plant it is building to restore Bulgaria's position as a leading power exporter in southeastern Europe.

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Pressure on for a nuclear renaissance

Tuesday, September 30, 2008

Like other industrial nations, Germany faces a formidable challenge in covering its future energy needs amid rising raw material prices, the threat of climate change and worries about the reliability of oil and gas supplies.

A decision eight years ago to phase out nuclear energy, which provides a quarter of Germany's electricity consumption, is making it especially hard on Europe's largest economy to meet its three goals: lowering its dependence on imported fuel, cutting harmful carbon gas emissions, and maintaining a plentiful power supply at prices industry and households can afford.

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German Gundremmingen C reactor shut as planned-RWE

Monday, September 29, 2008

FRANKFURT, Sept 29 (Reuters) - The southern German Gundremmingen C nuclear reactor was shut on Sept. 28 as planned, operator RWE's transparency website showed early on Monday, confirming earlier plans.

The 1,344 MW unit is due to be reconnected between Nov. 5 and 7, it also showed.

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Anti-nuclear protestors detained in Turkey: Greenpeace

Tuesday, September 23, 2008

ANKARA (AFP) — Police detained 40 protestors Tuesday in a demonstration against government plans to build Turkey's first nuclear power plant, a day before the tender process was to open, activists said.

Several dozen members of environmental groups, among them Greenpeace, demonstrated outside the energy ministry in central Ankara, brandishing banners that read "No to nuclear."

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