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The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.
The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.
However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.
According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.
- Source: Nucnet
- Date: Friday, 17 January 2020
- Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020
Leonam Guimaraes, president of Brazil's state nuclear power company Eletronuclear, told Reuters that Brazil plans to complete the delayed unit 3 at its Angra NPP in partnership with either China's National Nuclear Corporation (CNNC), France's EDF or Russia state nuclear corporation Rosatom.
- Source: NEI Magazine
- Date: Wednesday, 30 October 2019
- Original article: neimagazine.com/news/newsbrazil-seeks-partners-to-complete-angra-3-7478476
Nuclear energy has faced serious challenges in recent years because of several factors: competition from low gas prices, subsidised renewables and slow growth in electricity demand in certain markets. But because of several powerful forces we are seeing signs that this year nuclear energy will come roaring back, writes Jarret Adams.
- Source: World Nuclear News
- Date: Wednesday, 07 March 2018
- Original article: world-nuclear-news.org/Articles/Five-reasons-nuclear-energy-will-rebound-in-2018
The CEO of German energy industry giant Siemens, Peter Löscher, has publicly stated that the company will withdraw its remaining nuclear power offerings and leave the industry. His announcment came during an interview with German newspaper Der Spiegel. Siemens played a major part in the expanding nuclear deployment of the 1970s and 1980s. The Kraftwerk Union technology became part of the entire German nuclear fleet, while reactors were also exported to Argentina (Atucha 2), the Netherlands (Borssele), Switzerland (Goesgen) and Spain (Trillo 1).
- Source: NEI Magazine
- Date: Thursday, 22 September 2011
- Original article: neimagazine.com/news/newssiemens-to-quit-the-nuclear-power-business-721