EDF declares first Taishan nuclear plant to be completed end 2015

30/01/2015 00:18 Electricity Market


French utility EDF anticipates the first of two nuclear reactors under construction in China, which have been issue to frequent postponements, to be finished at the end of this year.

EDF and Chinese utility China General Nuclear (CGN) are in a 30-70 joint venture to construct two 1650 megawatt European pressurised reactors (EPRs) projected by Areva in Taishan. According to analysts, CGN desires to see minimum one EPR up and operating before commanding more. At the end of 2013, when EDF inked the agreement, it declared CGN and CNNC would get a joint 30-40 percent stake.

Daily (28.07.2020): European Cal’21 power prices declined to a six-week low on Monday, influenced by a 5% drop in benchmark carbon prices

28/07/2020 09:49:00

Crude oil futures rose modestly at the beginning of the week, gaining little support from new stimulus package in the U.S. and weaker dollar. However, the persisting spread of COVID-19 and its impact on the economy, as well as U.S.-China tensions slashed prices gains. Hence, Brent crude added 0.2% to settle at $43.41 a barrel. At the same time, U.S.WTI crude increased by 0.8% to close at $41.60 a barrel.


Netherlands set to pick Hollandse Kust North winner

28/07/2020 09:25:00

Dutch government to reveal developer for 700MW offshore wind site on Wednesday


Germany continues viewing Nord Stream 2 as economic project

28/07/2020 09:17:00

The US authorities already held talks with German and European companies involved in construction of the Nord Stream 2 gas pipeline, the German Die Welt paper wrote on Saturday with reference to sources