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China to build a new prototype of nuclear reactor in UK

The British Prime Minister David Cameron is poised to sign a new deal with China, allowing it to build a new prototype nuclear reactor in Bradwell, Essex - which would become the first Chinese-operated facility in the West.

read more... 08/09/2015

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EDF to postpone the Flamanville reactor to 2018

French utility EDF announced on Thursday another delay for the EPR nuclear reactor it is building in Flamanville, Normandy to 2018 which should lead to additional costs of over 10 billion euros from an initial budget of 3 billion euros, according to the newspaper Le Figaro.

read more... 03/09/2015

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Engie will make an investment of 700 million euros in Belgian reactors, profit halves

Engie's profit for the first half of 2015 decreased because of lower gas prices and the unavailability of three of its seven Belgian nuclear plants, but the French utility preserved its earnings guidance and declared it would invest 700 million euros in the life extension of two Belgian reactors.

read more... 30/07/2015

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EDF will purchase 51 to 75% of Areva reactor unit

French state-controlled utility EDF declared on Thursday it will acquire between 51 and 75 percent of the reactor unit of nuclear conglomerate Areva based on an estimate of 2.7 billion euros ($2.96 billion) for the entire unit.

read more... 30/07/2015

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E.ON intends to close down two nuclear reactors at Oskarshamn power plant in Sweden

German energy group E.ON said Tuesday it envisages decommissioning two of three nuclear reactors at OKG Aktiebolag’s Oskarshamn power plant in Sweden, blaming low profitability.

read more... 24/06/2015

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