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Daily (03.07.2018): French day-ahead electricity price jumped by 30.7% on Monday as nuclear reactors were off for maintenance

Oil crude prices surged on Monday, as increased supply from Saudi Arabia and Russia and U.S. sanctions against Iran weighed down on demand. Brent crude slumped by 2.7% to $77.3 a barrel, while WTI crude slipped by 0.3% to $73.94 a barrel.

read more... 03/07/2018


EU must support extended use of reactors, says Foratom

Foratom, the European nuclear trade body, has called on the European Commission and other EU institutions to recognise and reward the long-term operation (LTO) of nuclear power reactors in their role to help Europe meet its climate targets.

read more... 21/06/2018


Tepco likely to decommission Fukushima Daini units

The four reactors at the Fukushima Daini nuclear power plant in Japan are likely to be decommissioned, the president of Tokyo Electric Power Company Holding Inc (Tepco) today told the governor of Fukushima Prefecture. However, the company has yet to announce an official decision on the fate of the plant, close to the damaged Fukushima Daiichi plant.

read more... 19/06/2018


Germany to compensate utilities for nuclear phaseout losses

The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.

read more... 28/05/2018


Construction of Barakah 1 reactor formally accomplished

President Moon Jae-in of South Korea and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan attended yesterday an event to celebrate the accomplishment of construction of the United Arab Emirates' first nuclear power reactor.

read more... 28/03/2018