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Last updated on April 18, 2014 at 21:21 EDT

Latest European Pressurized Reactor Stories

2008-09-28 00:00:27

By Margareta Pagano Vincent de Rivaz, the chief executive of France's EDF Energy, which is now in control of the UK's nuclear energy programme, doesn't laugh when I ask if he has succeeded where Napoleon failed. "It's not a war," he says, very seriously. "This is an amicable agreement between two companies which will bring good news to everyone involved. Will it bring stability to customers for electricity bills? Yes. Will it bring new jobs? Yes. Will it improve climate change? Yes." What...

2008-09-18 06:00:34

By Anthony Harrington NOW is a busy time for the various consortia who have submitted designs for the UK's new generation of nuclear power facilities. The general assessment process that will pick the winning design is scheduled to take three years, but there is still much to do and the commercial stakes here are huge. In September, Westinghouse Electric Company, part of Toshiba, signed agreements with BAE Systems, Rolls-Royce Group and Doosan Babcock, which would see all three...

2008-09-14 03:00:21

By Scarola, Jim 1. What is Progress Energy 's motivation in applying for combined operating license for Shearon Harris Units 2 and 3? Since the company last added baseload generation in the Carolinas in the mid- 1980s, Progress Energy Carolinas has added almost half a million new customers. Our service area in the Carolinas is growing by 25,000 to 30,000 new homes and businesses every year. We need a new baseload plant in order to meet the energy needs of our customers. Carbon- free nuclear...

2008-09-10 03:00:20

The EDF Group has increased its stake in the US-based power generator Constellation Energy Group from 4.97% to 9.51%, through the acquisition of shares on the market. This transaction follows an agreement between EDF and Constellation Energy, signed in July 2007, relating to the creation by the two companies of Unistar, an equally owned joint venture set up to build and develop nuclear power stations using European pressurized reactor (EPR) technology in the US. Pierre Gadonneix, EDF's...

2008-09-06 03:00:21

By Christopher, Tom 1. How do you foresee the stability of the electrical generation industry in terms of consumer's price in the next five years? I had a really interesting analysis shown to me a couple of months ago. The theme was that we are about to enter extremely turbulent times in the United States in the electric generation industry - very turbulent times over the next 3 to 5 years. It will create a lot of emotional back lash, and we are going to see a storm of events around us. The...

2008-08-18 12:00:49

By Steven Erlanger Maia de la Baume contributed reporting from Paris and Matthew L. Wald contributed from Washington. * It looks like an ordinary building site, but for the two massive, rounded concrete shells looming above the ocean, like dusty mushrooms. Here on the Normandy coast, France is building its newest nuclear reactor, alongside two older ones. It is the first reactor to be built in the country in 10 years and will cost $5.1 billion. And President Nicolas Sarkozy has...

2008-08-15 06:00:35

Research and Markets (http://www.researchandmarkets.com/research/ff9d59/frances_nuclear_p) has announced the addition of the "France's Nuclear Power Market Potential" report to their offering. In the midst of worldwide crisis of escalating oil prices, France is among the few countries that are least affected. The reason being country's well developed, organized and well structured nuclear power sector, which produces almost 80% of countries total power. With annual nuclear power...

2008-08-12 09:01:19

French electricity generation major EDF and the China Guangdong Nuclear Power Holding Company have signed the final agreements for the creation of the Guangdong Taishan Nuclear Power Joint Venture Company, to construct and operate two European pressurized water reactor nuclear power stations modeled on EDF's existing reactor at Flamanville in Normandy, France, at Taishan in the Chinese province of Guangdong. EDF will hold 30% of Guangdong Taishan Nuclear Power Joint Venture Company (TNPC)...

2008-08-11 15:01:12

By DOUGLAS HAMILTON ANALYSIS BRITISH Energy still hopes to strike a takeover deal with EDF, but the cash-rich French utility has a number of other options it could pursue if negotiations with the East-Kilbride- based nuclear power generator collapse. Top executives at Paris-based Electricite de France, which is controlled by the French state, are looking at other ways to build on the company's global nuclear leadership and develop lucrative new businesses such as gas. EDF was expected...

2008-08-07 06:00:40

By Marie Maitre If Electricite de France fails to persuade British Energy shareholders to accept its bid, EDF will not be short of options or cash to build on its global nuclear leadership and develop such new businesses as natural gas. EDF was set last Friday to announce an all-cash offer of pound(s)12 billion, or $23.4 billion, for British Energy after months of talks and securing approval from the British government, which owns 35 percent of the company, a British nuclear power plant...