Latest news
EDF will purchase 51 to 75% of Areva reactor unit
French state-controlled utility EDF declared on Thursday it will acquire between 51 and 75 percent of the reactor unit of nuclear conglomerate Areva based on an estimate of 2.7 billion euros ($2.96 billion) for the entire unit.
read more... 30/07/2015
E.ON intends to close down two nuclear reactors at Oskarshamn power plant in Sweden
German energy group E.ON said Tuesday it envisages decommissioning two of three nuclear reactors at OKG Aktiebolag’s Oskarshamn power plant in Sweden, blaming low profitability.
read more... 24/06/2015
Daily: European prompt power prices tumble on stronger supply, nuclear reactor return
Crude oil prices curbed losses to close slightly higher on Monday as a short-covering ahead of the front-month contract expiration in U.S crude spurred the market weakened by concerns about increasing gasoline stockpiles. Initially, oil prices were also influenced by worries about the potential fallout from the Greek debt crisis, counterbalancing positive impact from a stockpile draw at the Cushing, Oklahoma. Brent crude rose by 32 cents, or 0.5 percent, to settle at $63.34 a barrel, after easing almost $1 earlier. WTI crude boosted 7 cents, or 0.1 percent, to close at $59.68 a barrel, as its front-month July contract expired.
read more... 23/06/2015
South Korea to develop two 3,000 MW nuclear plants to cut coal reliance
The South Korea Government envisages increasing its nuclear reactor fleet by two more units, as the country wants to get rid of coal power and to focus on technologies with lower greenhouse gas emissions.
read more... 15/06/2015
Hungary unearths its nuclear deal with Russia
Hungarian government has confirmed a deal with Russia under which the Russian nuclear company Rosatom will set up two nuclear reactors at the Paks nuclear power plant.
read more... 08/05/2015