BUDAPEST, Oct 14 (Reuters) - Poland, the Czech Republic, Slovakia and Hungary want the European Union to support nuclear energy projects and not to over-regulate the area, Prime Minister Viktor Orban said on Monday after a summit of the "Visegrad Four" countries.
The four also threw their backing behind shale gas extraction in Europe, and agreed to set up a natural gas market forum with the aim of fostering a regional gas market, which will convene in Budapest this month, Orban said.
BRUSSELS, Oct 8 (Reuters) - Guidelines for when EU member states can use taxplayers' money to support energy generation will not include nuclear power, the European Commission, the EU executive, said on Tuesday.
Commission spokesman Antoine Colombani said EU Competition Commissioner Joaquin Almunia proposed that guidelines, expected to be published in November, should not include specific criteria on nuclear power. The other commissioners had agreed, he said.
The European Commission is divided over state-aid rules for energy and the environment ahead of a debate to be held in Strasbourg next week (Tuesday 8 October). The Commission is preparing guidance for member states in a bid to solve inconsistencies that have plagued two areas: feed-in tariffs for renewable energy, and state subsidies for nuclear power plants. A draft version of the guidance will be issued by the end of the year, with a view to adoption in 2014.
The nuclear industry wants European Union rules changed so that member states can provide direct state aid for building nuclear power plants. But member states and Commission departments are split on the issue. Several member states – including France, the Czech Republic and the UK – want the Commission to relax state-aid rules so they can use environmental subsidies to fund nuclear plants, seeing such a policy as part of a ‘low-carbon' approach. But other countries, including Germany and Austria, are adamantly opposed to nuclear being on the same footing as renewables when it comes to environmental subsidies.
Electricite de France SA’s deal with the U.K. to build the nation’s first new nuclear plant in two decades will be probed by the European Union once an agreement is struck and regulators are informed, the EU’s antitrust chief said.
“The U.K. government has announced to us that they will notify in the coming months a program linked with investments in nuclear energy, in new plants,” Joaquin Almunia, the EU’s competition commissioner, said in the margins of a conference in Florence, Italy. “Once this notification will take place we will need to assess if this scheme, this program complies or not” with the EU’s rules.
BRUSSELS/LONDON (Reuters) – European Union rules to be published over the coming weeks could make it easier to justify using taxpayers’ money to fund new nuclear power, which would pitch major EU powers against each other.
The European Commission, the EU executive, says its mind is still open on the topic, but it is under pressure to set a legal framework for state aid to nuclear projects after several member states, including Britain, sought its guidance.
(Reuters) - Germany on Friday rebuffed draft plans by the European Commission to allow European Union member states to directly subsidise nuclear power.
Several European governments, such as Britain and France, plan to build new nuclear power stations, but many companies are shying away from investing in the expensive technology without the safeguard of government support.
BRUSSELS/LONDON (Reuters) - Britain's plans to reward nuclear plant operators through fixed prices for low-carbon energy are illegal under existing EU rules and efforts to adapt them are likely to draw opposition from other member states, EU and legal sources said.
Britain plans to reform its electricity market to fix a minimum price for nuclear, wind and solar-generated power, which is carbon free.
Proposed nuclear reactor in Somerset could be delayed by two years if competition directorate launches full-scale investigation
Britain's planned nuclear reactor programme could be delayed for years, and the nation's long-term energy policy thrown into turmoil, as European commission officials launch the first stage of a formal investigation into the use of taxpayer subsidies to support the development.
The FINANCIAL -- The European Bank for Reconstruction and Development has decided to participate in a comprehensive safety upgrade programme for the operating nuclear power units of Ukraine with a €300 million loan.
The programme will bring the fleet of Ukraine ’s nuclear power plants in line with international safety standards, including those of the International Atomic Energy Agency.
EDF is aiming to complete negotiations with the UK government over new nuclear Contracts for Difference (CfDs) by the end of the first quarter of 2013, it confirmed today. The French-owned firm plans to make an investment decision on Hinkley Point C "as soon as possible" after that.
At its annual results presentation, chief executive Henri Proglio said EDF was seeking a 40-year contract for Hinkley Point C. Potential partners had come forward but nothing would be agreed until the contracts were in place and approved by Brussels.
