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Hungary will veto any EU sanctions imposed on Russian nuclear energy organisations and enterprises, Hungarian Prime Minister Viktor Orban told the morning programme one Kossuth radio.
- Source: NEI Magazine
- Date: Wednesday, 01 February 2023
- Original article: neimagazine.com/news/newshungary-will-veto-any-eu-sanctions-against-russias-nuclear-sector-10558203
New-build projects are making progress, but governments are still struggling with finding the right financing package for large reactors
The delayed Flamanville-3 is one of three EPR units under construction in Europe. The others are at Olkiluoto in Finland and Hinkley Point in the UK. Photo courtesy EDF.
Western Europe
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.
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
GE Steam Power expects "stable demand" for nuclear power generation over the next 10 years as "the only powerful source of electricity without carbon dioxide emissions", its CEO, Michael Keroullé, said in an interview this week with Strana Rosatom, the newspaper of the Russian state nuclear corporation.
- Source: World Nuclear News
- Date: Thursday, 01 August 2019
- Original article: world-nuclear-news.org/Articles/Partnerships-key-to-nuclear-growth-says-GE-Steam