Nuclear energy contributes to lower system costs and electricity prices, and as a large scale low-carbon energy option will remain in the EU power generation mix, the European Commission says in an energy policy roadmap published today.
Three reactor units damaged by the earthquake and tsunami at Fukushima-Daiichi nuclear power plant in Japan have reached a stable state of cold shutdown, prime minister Yoshihiko Noda said today.
Areva has put eight major investment projects on hold and will cut operating expenses by 1 billion euro (EUR) (1.3 billion US dollars) by 2015 under a plan intended to reverse losses and allow it to fund capital expenditure with in-house cash by 2014, the company said today.
Delegates at United Nations talks in South Africa agreed a roadmap yesterday towards an agreement that for the first time would force major carbon emitters such as the US, India and China to take action to slow the pace of global climate change.
