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Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock of COVID-19, the French nuclear energy society (SFEN) wrote in a position paper published this week. Nuclear energy "ticks all three boxes" highlighted in the debate about the recovery - that investments should be in low-carbon, resilient and sovereign industries, it said.
- Source: World Nuclear News
- Date: Saturday, 16 May 2020
- Original article: world-nuclear-news.org/Articles/SFEN-Nuclear-essential-to-economic-recovery
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
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
Siemens and Rosatom are in negotiations to form a cooperative venture that will strengthen their positions in the nuclear market, which has fuelled speculation that Europe's largest engineering company could create a joint venture with Atomenergoprom, an affiliate of Russia's state nuclear corporation.
- Source: NEI Magazine
- Date: Friday, 06 February 2009
- Original article: neimagazine.com/news/newssiemens-and-rosatom-to-form-nuclear-partnership-721