Costs to Build Power Plants Pressure Rates

Friday, May 30, 2008

Construction Expenses More Than Double Since 2000, Still Rise

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Italy needs joint funding for nuclear revival-A2A

Thursday, May 29, 2008

MILAN, May 28 (Reuters) - Italian power generators and major consumers should fund a revival of nuclear energy in the country which rejected it 20 years ago, an executive from the utility A2A SpA said on Wednesday.

A simmering debate about a possible renaissance of nuclear energy in Italy -- which was banned in a 1987 referendum after the Chernobyl disaster -- heated up last week when economic development minister said construction of new nuclear plants should start within five years.

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Prospects for nuclear financing

Saturday, May 17, 2008

Silvia Pavoni reports on the potential and pitfalls of private finance for the UK´s new nuclear power station building programme.

Politicians are famous for announcing grand policy initiatives that have not been properly thought through and that then prove unworkable in practice. The UK government´s new nuclear power programme might be seen as one such ill thought out venture. It wants to build 10 new nuclear plants, replacing existing ones that are due to close, and proposes that the financing should be fulfilled entirely by the private sector. The first plant is planned to become operational by 2017 and the government hopes that the scheme will increase nuclear energy supply from the current 19% of national consumption.

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It’s the Economics, Stupid: Nuclear Power's Bogeyman

Wednesday, May 14, 2008

It turns out nuclear power’s biggest worry isn’t Yucca Mountain, Three Mile Island ghosts, or environmental protesters. It’s economics.

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EU to examine ways to ease investments in nuclear energy

Tuesday, April 15, 2008

BRUSSELS (Thomson Financial) - The European Commission said it will examine ways to make investments in nuclear energy easier.

At the European Nuclear Assembly conference here, energy commissioner Andris Piebalgs stressed the importance of nuclear energy for the reduction of carbon dioxide emissions.

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Buried costs

Friday, March 28, 2008

In this extract from his new book, Nukenomics: The commercialisation of Britain's nuclear industry, Ian Jackson looks at the radwaste disposal market and how it influences the economics of new nuclear build.

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Greenpeace protests against Erste Bank's financing of Slovakian nuclear plant

Thursday, March 6, 2008

VIENNA Thomson Financial - Greenpeace activists 'walled in' a branch of one of Austria's largest banks, Erste Bank AG, in the centre of Vienna on this morning in protest against its financing of the Mochovce nuclear plant in Slovakia.

A group of around thirty activists erected a brickwall in front of the bank's main entrance on one of the capital's busy pedestrian zones and called for Erste Bank to cancel its loan to the Slovak utility Slovenske Elektrarne.

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Russia, France ready to issue loans to Belarus for nuclear power plant

Wednesday, February 13, 2008

Belarus counts on foreign loans in order to build the first nuclear power plant, Belarus Partisan quotes Viktar Marakhin, the deputy chairman of the Budget, Finances and Tax Policy Committee at the House of Representatives, as saying.

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Dutch bank ING 'no comment' on report it will not finance upgrade of Slovakia's Mochovce NPP

Monday, February 4, 2008

PRAGUE. FEBRUARY 4. INTERFAX CENTRAL EUROPE - Dutch bank ING has declined to comment on a report it will not invest any money into a project to upgrade Slovakia's Soviet-era Mochovce nuclear power plant (NPP), while remaining lead bank in a USD 800 mln corporate revolving credit facility secured by Slovak utility Slovenske elektrarne (SE) chiefly for that purpose.

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Enel Slovak Unit Closes Biggest-Ever Slovak Corp Finance Deal

Tuesday, October 23, 2007

PRAGUE - (Dow Jones)- Slovakia's leading electricity company Slovenske Elektrarne, 66%-owned by Italy's Enel SPA, said on its Web site Tuesday it closed a EUR 800 million financing deal with a consortium of banks, the largest corporate financing deal in Slovakia to date.

Slovenske Elektrarne concluded a revolving credit line for seven years to finance its investments, which will reach 110 billion koruna ($4.65 billion) by 2013, the company said.

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