European Union rss

Europe checks French state aid for Areva restructuring

Corporate

20 July 2016

The European Commission has launched an investigation to determine whether the French government's contribution of €4.0 billion ($4.4 billion) towards the financing of the restructuring of Areva meets EU rules on state aid.

UK Energy Minister underlines nuclear's role

Nuclear Policies

14 July 2016

The UK's decision to leave the European Union has not changed the country's commitment to investing in low-carbon energy, including new nuclear, nor its efforts to tackle climate change, Energy Minister Andrea Leadsom told members of parliament (MPs) today. Meanwhile, a report issued by the National Audit Office (NAO) says the UK "lacks a proven, skilled supply chain to support the construction of a new power station".

UK energy minister underscores importance of nuclear power

Nuclear Policies

06 July 2016

Andrea Leadsom, minister of state at the UK's Department of Energy and Climate Change, has reiterated the important role of nuclear power in the country's current and future electricity mix. In a speech at the Utility Week Energy Summit about the Future of Energy in the UK yesterday, Leadsom said "energy security is non-negotiable, and is our top priority".

UK's new premier axes Department of Energy and Climate Change

Nuclear Policies

15 July 2016

The UK's Department of Energy and Climate Change has been scrapped and its brief folded into the newly created Business, Energy and Industrial Strategy department. The formation of BEIS, which was announced yesterday following Theresa May's appointment as the new British Prime Minister, adds energy-related matters to the remit of its predecessor the Department for Business, Innovation and Skills.

Bulgaria secures $80 million waste facility deal

Waste and Recycling

08 July 2016

Kozloduy waste store contract - 48Bulgaria has signed a €72 million ($80 million) agreement with a consortium to build a radioactive waste repository for its Kozloduy nuclear power plant that is expected start operations in 2021, the country's energy ministry said yesterday. The consortium consists of German Nukem Technologies, which is owned by Russia's AtomStroyExport, and four Bulgarian companies.

EDF now clear to make investment decision on Hinkley

New Nuclear

05 July 2016

The conclusion of a consultation with EDF's Central Works Council yesterday has cleared the way for a final investment decision to be made on the Hinkley Point C project. In addition, the French state-owned company said the UK referendum vote to leave the European Union is no barrier to the new nuclear power plant project, which is based in Somerset, England.