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EDF Energy announced today it has applied to the Planning Inspectorate for a Development Consent Order (DCO) to build the Sizewell C nuclear power plant on the Suffolk coast of England. The application, which follows four rounds of public consultation that began in 2012, was deferred for two months "in recognition of the extraordinary circumstances created by the Coronavirus", the French-owned company said.

Date: Thursday, 28 May 2020
Original article: world-nuclear-news.org/Articles/EDF-Energy-submits-plans-for-Sizewell-C

The Nuclear Industry Association of South Africa (Niasa) has outlined a range of options for financing new nuclear power plants.

Date: Saturday, 23 May 2020
Original article: neimagazine.com/news/newssouth-africas-niasa-looks-at-nuclear-financing-and-smrs-7936871

Government appears to favour ‘Boot’ model alread used by Russia Koeberg, near Cape Town, is the only commercial nuclear power station in South Africa. The Nuclear Industry Association of South Africa (Niasa) has proposed six possible funding options for new nuclear, but government officials have suggested the most likely is a “build, own, operate and transfer” (Boot) model similar to that used by Russia for project including Akkuyu in Turkey.

Niasa told Engineering News that the very high proportion of the cost of energy that comes from the repayment of capital means interest rates will be fundamental to the viability of any new nuclear project in South Africa.

The association said real interest rates – which are adjusted for inflation – on state debt could be in the range of 2% to 3%, while real interest rates on high risk equity finance could vary from 10% to 15%. It said this explains why some new nuclear projects such as state-supported projects in China could be very competitive while others, such as the private equity funded Hinkley Point C in the UK, needed some kind of state guarantee such as long-term power purchase agreements.

Niasa identified six financing options that could be used to fund a new nuclear programme. The first was state funding for the entire project or state provided sovereign loan guarantees using reserves and cash flows from state-owned companies, as was the case with the United Arab Emirates’ Barakah project.

Date: Wednesday, 20 May 2020
Original article: nucnet.org/news/industry-association-proposes-financing-options-for-new-build-5-2-2020

Gerard Hogan, advocate general of the European Union Court of Justice said in a non-binding opinion that EU judges should dismiss an appeal by Austria aimed at overturning the approval of UK aid to support construction of the Hinkley Point C nuclear power plant. He added that a lower EU tribunal was “fully entitled” to dismiss the Austrian challenge.

Date: Tuesday, 12 May 2020
Original article: neimagazine.com/news/newseu-advocate-general-supports-hinkley-point-project-despite-austrian-protests-7917762

As the COVID-19 pandemic makes governments and international organisations consider new ways of conducting business and protecting communities, we need to turn the recovery into an opportunity to safeguard the future, writes Christer Viktorsson, director general of the UAE’s Federal Authority for Nuclear Regulation.

Date: Tuesday, 12 May 2020
Original article: world-nuclear-news.org/Articles/Viewpoint-Regulators-adapt-to-an-unprecedented-cha

Europe’s advocate general says case should be thrown out File photo of construction at the Hinkley Point C nuclear project in southwest England. Courtesy EDF. Austria’s attempt to stop the Hinkley Point C nuclear power plant project in the UK has been dealt a setback with a magistrate for the European Union’s top court saying on Thursday that the case should be thrown out.

The nonbinding advisory opinion from advocate general Gerland Hogan recommended that the European Court of Justice uphold a lower court decision to dismiss a complaint alleging unfair government funding of Hinkley Point C.

“It is clear that the development of nuclear power is, as reflected in the Euratom Treaty, a clearly defined objective of EU law,” Mr Hogan wrote.

The Court of Justice is not required to follow the advice in advisory opinions, but it does some 80% of the time.

Austria in 2015 challenged the European Commission’s decision to back the UK measures, after a number of agreed changes. Austria lost in 2018 and appealed one last time.

Date: Saturday, 09 May 2020
Original article: nucnet.org/news/austria-s-bid-to-block-uk-nuclear-project-suffers-court-setback-5-5-2020

The European Court of Justice should dismiss an appeal brought by Austria in respect of the European Commission's approval of state aid for the planned Hinkley Point C (HPC) nuclear power plant in the UK, Advocate General Gerard Hogan has concluded. His opinion will be taken into account when the European Court of Justice rules on Austria's appeal of the General Court's 2018 decision to reject the case.

Date: Friday, 08 May 2020
Original article: world-nuclear-news.org/Articles/Dismiss-Austrias-appeal-against-HPC-aid-Advocate-G

The head of the Atomic Energy Organisation of Iran (AEOI), Ali Akbar Salehi, said on 8 April in a message marking National Nuclear Technology Day that Iran’s nuclear activities were continuing despite the novel coronavirus outbreak and continuing US sanctions.

Date: Wednesday, 15 April 2020
Original article: neimagazine.com/news/newsiran-pushes-ahead-with-nuclear-development-despite-pandemic-restrictions-7871976

Leading the World Association of Nuclear Operators (WANO) at a time when respect is growing for nuclear energy as a reliable and low-carbon source of electricity is an exciting prospect, its new CEO and chairman, respectively, Ingemar Engkvist and Tom Mitchell, said in an interview with World Nuclear News. Speaking at the organisation's London headquarters recently, they said their enthusiasm in leading WANO into its fourth decade reflects not only their passion for the industry but also their optimism about its future.

Date: Saturday, 21 March 2020
Original article: world-nuclear-news.org/Articles/Interview-Nuclear-operators-face-a-bright-future