France to develop nuclear cooperation in Brazil

08/06/2018 08:32 Nuclear


French utility company EDF and Brazilian state power company Eletrobras signed a memorandum of understanding to promote cooperation in nuclear power in Brazil, according to Eletrobras on Wednesday.

In line with the three-year-long agreement, both companies and Eletrobras Eletronuclear, a subsidiary of Eletrobras, will study opportunities to collaborate for the conclusion of the Angra 3 nuclear plant and the development of new nuclear power plants in Brazil.


EDF will also be able to help maintenance and training in the Angra 1 and Angra 2 plants.


The activities to be carried out under the agreement will be made through specific contracts, which will be defined later.


Brazil has two nuclear reactors generating about 3 percent of its electricity, with total installed 1,884 megawatts of capacity, according to the World Nuclear Association (WNA).


The country's first commercial nuclear power reactor began operating in 1982.


Daily (11.12.2018): Oil prices lost around 3% on Monday, on doubts that OPEC-led output cuts will be enough to support the market

11/12/2018 11:45:00

On Monday, oil prices turned bearish on fears about global stock markets and doubts that OPEC-led production cuts will be enough to support the market. Brent crude dropped by 2.8% to settle at $59.97 a barrel. At the same time, WTI crude lost 3.1% to $51 a barrel.


Shell to build new pipeline in boost for North Sea gas

11/12/2018 09:21:00

Shell is to invest in a new pipeline as part of moves to increase gas production and reduce costs in the North Sea.


Offshore helping 'drive 680GW global wind growth'

11/12/2018 09:15:00

Over 680GW of new wind power capacity will come online in the next 10 years, with the offshore market accounting for nearly 40%, according to a new report from consultancy Wood Mackenzie Power & Renewables.