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France completes closure of Fessenheim plant

French utility EDF yesterday permanently shut down unit 2 of the Fessenheim nuclear power plant in eastern France as scheduled. Its closure, together with that of unit 1 in February, was necessary under the country's energy transition law before EDF can bring new nuclear capacity online.

read more... 01/07/2020

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Rosatom, Framatome, GE agree to partner in tender for Bulgarian NPP project

Russian nuclear energy corporation Rosatom said on Thursday that it has signed memorandums of understanding (MoU) with France's Framatome and US-based General Electric Steam Power to submit a joint bid for taking part in the tender for construction of Belene nuclear power plant (NPP) in Bulgaria.

read more... 19/06/2020

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The UK ‘must commit to 10GW of new nuclear to reach net zero by 2050, but costs need to fall’

A strategy without new nuclear power could put the UK Government’s net zero target at risk, according to a report

read more... 18/06/2020

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IAEA: Reactors are maintaining safe operation during pandemic

There has been no enforced shutdown of a nuclear power reactor due to the effects of COVID-19 on the workforce or supply chains, according to reports from operators and regulators received through the International Atomic Energy Agency's (IAEA's) COVID-19 Operational Experience Network (OPEX) and International Reporting System for Operating Experience (IRS).

read more... 12/06/2020

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Daily (09.06.2020): European spot electricity prices returned at pre-lockdown levels on Monday amid higher demand, lower renewables and nuclear output

Crude oil futures lost ground on Monday despite OPEC+ cuts as traders switched their focus on the announce that top producer Saudi Arabia and Gulf producers are not willing to extend cuts after June. Hence, Brent crude for August delivery fell by $1.50, or 3.6%, to settle at $40.80 a barrel. At the same time, U.S. WTI crude shed by $1.36, or 3.4%, to end at $38.19 a barrel.

read more... 09/06/2020

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