Companies

Bulgaria Secures German Investor for Belene Nuclear Plant Energy

Monday, October 25, 2010

Bulgarian Parliament Chair Tsacheva has made promising hints about the fate of the Belene nuclear power plant. Photo by BGNES

Bulgarian will for sure build its second nuclear power plant at Belene, Parliament Chair Tsetska Tsacheva has declared.

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Kozloduy Unit 6 incident poses no risk to people and energy system

Saturday, October 23, 2010

The incident at Unit 6 of the Kozloduy Nuclear Power Plant poses no risk to people's health or to the energy system, Economy, Energy and Tourism Minister Traicho Traikov told journalists on Tuesday.Traikov ruled out radiation risk or any other risk to people's health at the power plant.

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Russia Is Seeking to Build Europe’s Nuclear Plants

Thursday, October 14, 2010

MOSCOW — The Russian nuclear industry has profited handsomely from building reactors in developing countries, including India, China and Iran. Now it is testing the prospect of becoming a major supplier to the European Union, too.

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CEZ May Delay Temelin Construction for Years on Demand, Hospodarske Says

Wednesday, October 13, 2010

CEZ AS, the Czech Republic’s largest power producer, will delay the construction of two additional reactors at its Temelin nuclear power plant, Hospodarske Noviny reports, citing Industry and Trade Minister Martin Kocourek.

The construction could be delayed by as much as several years, the newspaper said, citing an unidentified person from the company. The main reason is uncertain demand for electricity after 2020, according to the report.

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Enel delays decision on involvement in nuclear project company

Monday, October 11, 2010

Italian utilities company Enel will decide on its involvement in the nuclear project company, set up by the Romanian state with major European partners to complete the 3rd and the 4th reactors of Cernavoda nuclear plant, when the reforms in the power generation sector become predictable. The decision depends critically on the alteration of the market regulations besides the setting up of the two state power companies in the generation sector, Enel officials told Bloomberg agency quoted by local media.

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France's EDF designs reactor to challenge Areva: report

Wednesday, October 6, 2010

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.

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German utilities spook investors with nuclear gamble

Tuesday, October 5, 2010

FRANKFURT, Oct. 4 (Reuters) - German utilities' gamble of sacrificing near-term profits in exchange for extending the lifespans of their 17 nuclear plants is pressuring shares and may misfire if the political situation changes.

Last month, the government agreed with the four operators of Germany's nuclear power plants to extend the plants' life by 12 years on average in exchange for at least 31 billions euros ($42.45 billion) of payments.

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Czech ČEZ to quit Romania nuclear reactors-report

Wednesday, September 22, 2010

Czech power firm ČEZ will quit a joint venture to build two units at Romania's sole nuclear power plant by December and seek other low-risk projects in the region, a company official was quoted as saying on Tuesday.

Romania, whose state-owned nuclear power firm already has two 706 megawatt reactors at its plant in Cernavodă, accounting for roughly 18 percent of the country's power, had planned plans to build two more in partnership with six foreign firms.

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Opposition fuming over secret nuclear deal

Wednesday, September 22, 2010

The German opposition has reacted angrily over revelations that the government, as part of its decision to extend the life of nuclear power in Germany to the mid 2030s, struck a deal with the nuclear industry to shield it from unfavorable future political decisions.

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British Energy says August nuclear output up 3% on month

Thursday, September 2, 2010

British Energy said Wednesday that output from its 15 nuclear reactors reached 3.5 TWh in August, up 3% from July, following the restart of the UK generator's Dungeness B-21 reactor on August 19.

The 550 MW Dungeness B-21 unit in Kent generated power for the first time in a year in August, following an extended outage to repair a pipe adjacent to a boiler reheater.

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