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Areva: nuclear reactor sales objective might lessen by 1-2 years

Areva's head of the company modified his prediction that the French nuclear group controlled by the state would vend 10 reactors by 2016, stating it would be no problem if that time limit reduces by a year or two.

read more... 21/05/2014

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Greek power grid company – point of interest for Chinese, Italian investors

Greek power grid operator ADMIE is point of interest for five companies since the government plans to vend a controlling stake, as stated on Friday by the utility PPC controlled by state.

read more... 12/05/2014

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EDF Energy generated its highest amount of nuclear power in UK in 8 years

The French state-controlled company EDF Energy has announced that last year it has generated its highest amount of nuclear power in the UK for the last eight years, increasing its earnings by 1.4 per cent to £1.69bn from £1.67 in 2012, driven by the performance of its eight nuclear power stations. According to the company’s annual results, the nuclear power output rose by 0.5 TWh attaining 60.5 TWh in 2013.

read more... 14/02/2014

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France pledges to restrict EDF utility hikes in 2015-18

France wants to restrict state-controlled utility EDF's regulated electricity tariff increases between 2% and 3% per year or less per year over the period 2015-2018, which would see a new calculation method to take effect, said an official source in the Elysée Palace.

read more... 12/12/2013

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Areva awarded to build Angra 3 nuclear reactor in Brazil

French state-controlled company Areva has won a €1.25bn contract from Eletrobras for the completion of the construction of the 1,405MW Angra 3 nuclear reactor in the state of Rio de Janeiro, Brazil.

read more... 11/11/2013

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