France's state-owned utility EDF will snap up between 51% and 75% of troubled nuclear giant AREVA's reactor business in a possible $2.96 billion deal. While the French government owns about…
AREVA
More trouble has been reported at one of the four European Pressurized Water Reactor (EPR) units currently under construction. AREVA announced on April 7 that chemical and mechanical testing conducted…
The Nuclear Regulatory Commission (NRC) announced on Mar. 4 that, after completing an acceptance check, it has concluded that an application to certify the Advanced Power Reactor 1400 (APR1400) reactor…
French nuclear firm AREVA's dismal financial results for 2014 are indicative of the continuing stagnation of nuclear operations, a lack of competitiveness, and the company's difficulties in managing the risks…
France will look at all options in an attempt to overhaul its state-run nuclear industry, French Energy Minister Ségolène Royal told reporters on Monday, after AREVA reported a $5.6 billion…
“Pivoting” is a popular business buzzword, particularly in the context of startups, which often quickly change strategic direction. The global nuclear industry isn’t exactly a startup, but it is at…
The AREVA-Siemens consortium that is building the Olkiluoto 3 nuclear reactor in Finland, and the plant's owner, Finnish utility Teollisuuden Voima Oyj (TVO), have again increased claims and counterclaims for billions…
Kemper County Combined Cycle Unit Begins Commercial Operation. Mississippi Power on Aug. 14 marked a significant milestone and started commercial operation (on natural gas) of the combined cycle unit at…
The European Pressurized Reactor (EPR) under construction in Finland may not start operating until late 2018—putting the project nearly 10 years behind its initial schedule. Finnish utility Teollisuuden Voima (TVO)…