Archive for June, 2013

UK Company Gets GBP 16 Million EDF Energy Nuclear Contract

Posted by:

A British electronics company has been awarded a contract worth 16.1 million pounds (24.5 million US dollars, 18.7 million euros) to support EDF Energy’s nuclear projects in the UK.

Ultra Electronics said its nuclear control systems business was awarded the contract for the supply of specialist instrumentation. Under the contract Ultra will manufacture and support safety-critical nuclear reactor instrumentation for use in EDF Energy’s current UK nuclear fleet of 15 reactors at seven sites.

Ultra is a supplier of nuclear qualified instrumentation ...

Continue Reading →

Rosatom Bank Deal ‘Will help Finance Overseas Projects’

Posted by:

Russia’s state nuclear energy corporation Rosatom has signed an agreement with Sberbank that it says will strengthen cooperation in the financing of overseas nuclear energy projects.

Rosatom said the agreement with the Russian bank establishes priority areas of cooperation and will help resolve issues surrounding the development of nuclear plants overseas.

Rosatom director-general Sergei Kiriyenko said the corporation has launched a large-scale globalisation programme which calls for Rosatom to expand its presence in international markets.

He said cooperation with the largest banks both ...

Continue Reading →

UK Announces GBP 10 Billion Of Guarantees For Hinkley Point

Posted by:

The UK government announced a bid to encourage investment in nuclear power by offering 10 billion pounds (GBP) (15.2 billion US dollars, 11.6 billion euros) of guarantees to investors in a new nuclear plant at Hinkley Point.

Chief secretary to the Treasury, Danny Alexander, said in a speech: “And I can announce today that we will offer a. . . multi-billion pound guarantee to advance the new nuclear power station at Hinkley Point.”

In a speech later before parliament, Mr Alexander confirmed ...

Continue Reading →

US Will Lead Way In Nuclear Development, Says Obama Action Plan

Posted by:

The US will make continued progress in reducing pollution from fossil fuel power plants by leading the way in the development of clean energy technologies such as efficient natural gas, renewables, clean coal technology and nuclear, a climate action plan released by the White House says.

The plan, unveiled this week, says there are “abundant clean energy solutions available” and by using them the US can make continued progress in reducing power plant pollution “to improve public health and the environment”.

According ...

Continue Reading →

NDA Report Says Sellafield Performance ‘Disappointing’

Posted by:

 

Operational performance of the UK’s Sellafield nuclear complex has been disappointing, but crucial milestones have been achieved in cleaning up the country’s nuclear legacy, the head of the Nuclear Decommissioning Authority (NDA) has said.

NDA chief executive officer John Clarke, who recently completed his first full year in charge of the authority, said: “Sellafield remains our top priority. It is the world’s most complex nuclear site with unprecedented challenges.”

He said: “Against this background, performance in the year has been mixed with ...

Continue Reading →

UK Announces GBP 10 Billion Of Guarantees For Hinkley Point

Posted by:

 The UK government has announced a bid to encourage investment in nuclear power by offering 10 billion pounds (GBP) (15.2 billion US dollars, 11.6 billion euros) of guarantees to investors in a new nuclear plant at Hinkley Point.

The commitment to nuclear came as part of a major announcement on GBP 100 billion in public funding for capital projects such as road, rail and energy infrastructure that the government hopes will stimulate the economy.

Chief secretary to the Treasury, Danny Alexander, said ...

Continue Reading →

European Commission ‘Ready To Support’ Development Of Energy Projects

Posted by:

The European Commission is ready to co-finance and provide guarantees for important energy initiatives, but ultimately it will be up to the market and private investors to decide which projects get built, commissioner for energy Günther Oettinger has said.

Mr Oettinger said there are “many projects of common interest” in the plan for the establishment of the EU common market for electricity and gas and the Connecting Europe facility has EUR 9.1 billion allocated for such projects.

The Connecting Europe Facility funds ...

Continue Reading →

US Will Lead Way In Nuclear Development, Says Obama Action Plan

Posted by:

The US will make continued progress in reducing pollution from fossil fuel power plants by leading the way in the development of clean energy technologies such as efficient natural gas, renewables, clean coal technology and nuclear, a climate action plan released by the White House says.

The plan, unveiled yesterday in a speech by President Barack Obama, says there are “abundant clean energy solutions available” and by using them the US can make continued progress in reducing power plant pollution “to ...

Continue Reading →
Page 1 of 3 123