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 (09.08.2018): WTI Crude Plummeted by 3.2% on Wednesday, due to Increased Trade Tensions Between U.S. and China

09/08/2018 11:08:00

Oil crude prices fell on Wednesday, due to increased trade tensions between U.S. and China, who is set to impose retaliatory 25% tariffs on $16 billion of American goods. Both Brent crude and WTI prices dropped by 3.2% to close at $72.28 a barrel and $66.94 a barrel respectively.


Orsted makes onshore move

09/08/2018 09:00:00

Orsted is to acquire US renewables developer Lincoln Clean Energy for about $580m, signalling a move into the onshore wind sector for the Danish energy company.


UK experts back subsidies for mini nuclear power plants

09/08/2018 08:49:00

The UK Government should provide subsidies to developers of mini nuclear power stations like it did with the offshore wind industry.