Latest news
Engie searching associates in Nugen UK nuclear project
French gas and power conglomerate Engie is searching other associates to invest in the Nugen project to construct nuclear reactors in Britain, as stated by Engie director Philippe Pradel.
read more... 01/04/2016
French energy law might shut down third of EDF
France's energy transition law could oblige state-controlled utility EDF to shut down around a third of its 58 nuclear reactors by 2025, the state audit office declared in its yearly report on Wednesday. The Cour des Comptes predicts that the projected reduction of the share of nuclear in French energy output to 50 percent by 2025 from over 75 percent now might lead to the closure of 17 to 20 reactors if electricity consumption and exports stay at present levels.
read more... 11/02/2016
Areva plans 5 billion euro capital raise
French nuclear conglomerate Areva announced it plans a 5 billion euro capital raise to reestablish its finances and declared it anticipates the intended takeover of its reactor unit by fellow state-owned utility EDF to be completed in 2017.
read more... 29/01/2016
EDF inks preliminary agreement to build six nuclear plants in India
French utility EDF declared on Tuesday it had inked a preliminary deal with Nuclear Power Corp of India Ltd (NPCIL) to construct six nuclear reactors at Jaitapur, in the west of India.
read more... 27/01/2016
World launches 10 and decommissions eight nuclear reactors in 2015
Global nuclear generating capacity insignificantly rose in 2015 since 10 new reactors started to supply electricity and eight were permanently closes, as indicated by to World Nuclear Association data.
read more... 12/01/2016