EDF
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NuclearMaterial Inconsistencies Acknowledged in Nuclear Reactor Vessel Head and Bottom
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 on a reactor vessel head and bottom similar to that of the Flamanville EPR (a 1,630-MW unit under construction on the west coast of the […]
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NuclearFrance Mulls Nuclear Overhaul as AREVA Reports $5.6B Loss
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 loss for 2014. The nuclear giant announced in a Feb. 23 statement that it expects a hefty €4.9 billion loss ($5.6 billion) for 2014. The […]
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Commentary
Nuclear Power Pivot Points
“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 or
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NuclearEuropean Commission OKs Hinkley Point Nuclear Deal
On Oct. 8, the European Commission (EC) decided that the state aid included in the Hinkley Point C nuclear plant construction proposal is compatible with European Union state aid rules. The approval allows key elements of the agreement between EDF Group and the UK government, including a guaranteed “strike price” of £92.50/MWh ($148.76/MWh) for power […]