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Vattenfall demands Sweden to abolish nuclear tax to save reactors

State-owned Swedish utility Vattenfall called on Wednesday to end tax on nuclear power in Sweden to avoid early closure of its loss-making nuclear reactors and probable increase in electricity prices.

read more... 28/04/2016

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Germany urges Belgium to dismantle two nuclear reactors close to its border

German Environment Minister Barbara Hendricks has asked Belgium to shut down two nuclear reactors temporarily because of concerns over safety.

read more... 21/04/2016

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Engie searching associates in Nugen UK nuclear project

French gas and power conglomerate Engie is searching other associates to invest in the Nugen project to construct nuclear reactors in Britain, as stated by Engie director Philippe Pradel.

read more... 01/04/2016

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French energy law might shut down third of EDF

France's energy transition law could oblige state-controlled utility EDF to shut down around a third of its 58 nuclear reactors by 2025, the state audit office declared in its yearly report on Wednesday. The Cour des Comptes predicts that the projected reduction of the share of nuclear in French energy output to 50 percent by 2025 from over 75 percent now might lead to the closure of 17 to 20 reactors if electricity consumption and exports stay at present levels.

read more... 11/02/2016

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Areva plans 5 billion euro capital raise

French nuclear conglomerate Areva announced it plans a 5 billion euro capital raise to reestablish its finances and declared it anticipates the intended takeover of its reactor unit by fellow state-owned utility EDF to be completed in 2017.

read more... 29/01/2016

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