Latest news
Germany to compensate utilities for nuclear phaseout losses
The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.
read more... 28/05/2018
Construction of Barakah 1 reactor formally accomplished
President Moon Jae-in of South Korea and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan attended yesterday an event to celebrate the accomplishment of construction of the United Arab Emirates' first nuclear power reactor.
read more... 28/03/2018
Areva-controlled conglomerate will pay $554 million to settle Finnish reactor row
France’s Areva and Germany’s Siemens will make a payment of 450 million euros (£400 million) for cost overruns and postponements at a nuclear reactor which they are constructing for Teollisuuden Voima (TVO) in Finland, settling a long-running dispute.
read more... 12/03/2018
China to begin the construction of up to eight reactors in 2018
According to a plan released by the country’s National Energy Administration (NEA), China will encourage the development of nuclear power this year. Five new nuclear power reactors are planned to become operational in 2018 and construction works will commence with further six to eight units.
read more... 09/03/2018
French energy group signed an agreement with S. Korea on decommissioning nuclear reactors
French nuclear firm New AREVA and Korea Hydro & Nuclear Power (KHNP) inked an accord aiming to reinforce their collaboration in the dismantling and cleanup of nuclear reactors.
read more... 06/12/2017