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AFP: French bid for Emirates nuclear plant at risk: report
A French attempt to win a 41-billion-dollar (27.2-billion-euro) contract to build nuclear power stations in the Emirates is at risk over pricing, the La Tribune newspaper reported on Wednesday.
The newspaper reported that the top official at the presidential Elysee Palace, Claude Geant, had held a meeting with the heads of big French companies concerned on Tuesday to discuss a further reduction in the price which the government in Abu Dhabi considered too high.
Present at the meeting were the head of French nuclear power group Areva, Anne Lauvergeon, the head of GDF Suez, Gerard Mestrallet, Christophe de Margerie who leads oil group Total and Henri Proglio of the electricity group EDF, the report said.
Low French nuclear supply to cost EDF 1 bln euros | Industries | Industrials, Materials & Utilities | Reuters
The drop in French nuclear availability will cost EDF (EDF.PA) one billion euros ($1.49 billion) and availability in 2009 should fall by one percentage point on the previous year to 78 percent, EDF said on Friday.
France, which relies on nuclear power for 80 percent of its electricity, has seen its nuclear availability at record lows in the past few months because of strikes in the spring which delayed maintenance and a high number of unplanned outages.
EDF stops refuelling at Tricastin 2 after incident | Reuters
An incident at EDF's Tricastin plant in southeast France late on Thursday forced the company to stop refuelling operations at the reactor 2, which started on Oct. 31, it said on Friday.
The incident occurred during refuelling of the reactor, when a fuel assembly got stuck in the pressure vessel, EDF said in a statement.
A similar incident took place in Sept. 2008 in the same reactor during refuelling operations and it took around two months for EDF to resolve the problem. "The incident took place at 2215 GMT," a source at the plant told Reuters on Friday. "We are very worried about this especially as this already happened just a year ago," he added.
EDF Energy wants Britain to fix the market if it builds nuclear plants - Times Online
British families could be forced to pay up to £227 extra on their annual energy bills to help to fund a new generation of nuclear power stations under plans proposed by the French company expected to build most of them.
EDF Energy, which wants to build four reactors in Britain at a cost of about £20 billion, was accused of holding the Government to ransom last night, after an executive told The Times that none would be built unless the Government agreed to underwrite part of the cost. Speaking before a government announcement on Britain’s energy future on Monday, Humphrey Cadoux-Hudson, managing director of EDF Energy’s new nuclear business in Britain, said the nuclear programme would proceed only if the Government ensured that consumers paid more for electricity from fossil fuels, such as coal and gas, which is cheaper but produces more greenhouse gas, making nuclear more competitive.
Constellation Energy, EDF close $4.5B nuclear deal - Baltimore Business Journal:
Constellation Energy Group Inc. and EDF Group have closed their $4.5 billion joint venture, the companies said Friday.
The agreement ends a nearly year-long drama that had been playing out since the nation’s financial markets began to freefall in September 2008. The deal survived scrutinizing regulatory review and political fire that spoiled a similar deal for Constellation in 2006.
The companies put out brief statements Friday announcing the deal had closed.
Nuclear Engineering International: Maryland PSC slams "orchestrated parade" promising Calvert Cliffs 3
The Maryland Public Service Commission has approved EDF's 50% purchase of Constellation Energy that could lead to the construction of an EPR at Calvert Cliffs, provided the two utilities meet several conditions.
First, they must hand residential ratepayers a $110 million rebate before March 2010. Second, the utilities must invest $250 million cash in Baltimore Gas & Electricity, a wholly-owned subsidiary of Constellation Energy, before July 2010. There were several other additional financial stipulations.
In September, the US Nuclear Regulatory Commission approved the investment structure and license transfer related to EDF's investment in Constellation Energy Nuclear Group. The New York State Public Service Commission approved the deal in April.
EDF Authorized to Invest in Nuclear in the U.S. | Reuters
EDF welcomes the decision of the Board of Directors of its American partner Constellation Energy to approve moving forward based on the conditions set forth in the order issued by the Maryland Public Service Commission with respect to the creation of a nuclear joint venture between EDF and Constellation Energy. The Maryland PSC has attached conditions designed to preserve the independence and financial strength of Constellation Energy`s regulated subsidiary. Approval from the Maryland PSC completes the regulatory review process, and the companies now have received all necessary approvals at the federal and state levels to proceed with the transaction. EDF and Constellation Energy will complete the transaction without modification to the previously agreed terms of the transaction. EDF will commence the process to enable the close of the transaction, for which it has already received the authorization of its own Board of Directors. The consummation of the transaction is the result of a partnership between EDF and Constellation Energy that began over two years ago.
Approval helps clear way for reactors' construction | Lynchburg News Advance
A Maryland agency has given a key approval to a deal between two companies that hope to build an Areva-designed nuclear reactor.
The approval lets Electricite de France buy about half of Constellation Energy Group’s nuclear business, seen as an important step in the two companies’ plans to build new nuclear reactors.
The two companies partnered two years ago to form UniStar Nuclear Energy, a joint venture. UniStar has been working to promote the construction of Evolutionary Power Reactors in the U.S.
Md. tentatively backs Constellation deal with French firm - washingtonpost.com
Nuclear sale contingent on energy firm, French giant offering rebate, aid
The move is designed to lead to a third reactor at Calvert Cliffs.
The move is designed to lead to a third reactor at Calvert Cliffs.
Regulators appointed by Maryland Gov. Martin O'Malley announced Friday that they have offered conditional approval to let Constellation Energy Group sell nearly half its nuclear assets, including those in Calvert County, to French energy giant EDF in a move designed to lead to construction of the first new commercial nuclear reactor project in the United States in more than three decades.
AFP: US state OKs tie-up of Constellation Energy, France's EDF
The US state of Maryland on Friday approved a plan for France' EDF Group to take a stake in Constellation Energy Group, clearing the final hurdle for a new nuclear power plant in the state.
US regulators earlier this month had green-lighted the joint venture plan for the French state-controlled company to acquire nearly half of Constellation's nuclear assets.
The companies say the nuclear joint venture is critical to the proposed construction of a new nuclear generation plant at Constellation's Calvert Cliffs Nuclear Power Plant, which they say would represent one of the largest industrial development projects in the East Coast state.
The Maryland government announced Friday conditional approval of the joint venture, depending on a one-time rate credit of 110.5 million dollars to residential ratepayers of Constellation's Baltimore Gas and Electric Company (BGE) subsidiary.
Response: New nuclear energy will not need a taxpayers' subsidy | Comment is free | The Guardian
Your leader column claims that the "nuclear renaissance" does not make sense on financial grounds (Nuclear power: A bung by any other name, 19 October). However, there is a growing collation of support among the public, politicians of the main parties, industry, scientists and regulators, who recognise nuclear is needed as part of the answer to keep the lights on and tackle climate change.
Secret files reveal covert network run by nuclear police | Environment | The Guardian
The nuclear industry funds the special armed police force which guards its installations across the UK, and secret documents, seen by the Guardian, show the 750-strong force is authorised to carry out covert intelligence operations against anti-nuclear protesters, one of its main targets.
The nuclear industry will pay £57m this year to finance the Civil Nuclear Constabulary (CNC). The funding comes from the companies which run 17 nuclear plants, including Dounreay in Caithness, Sellafield in Cumbria and Dungeness in Kent.
Around a third is paid by the private consortium managing Sellafield, which is largely owned by American and French firms. Nearly a fifth of the funding is provided by British Energy, the privatised company owned by French firm EDF.
Private correspondence shows that in June, the EDF's head of security complained that the force had overspent its budget "without timely and satisfactory explanations to us". The industry acknowledges it is in regular contact with the CNC and the security services.
Decision nearing on nuclear alliance (www.HometownGlenBurnie.com - The Maryland Gazette)
Late changes could have impact on BGE, ratepayers
BALTIMORE - Consumer advocates said Wednesday that newly proposed changes to the Constellation Energy deal with a French nuclear power company could bring less money into the state than originally expected and potentially impact how much Baltimore Gas and Electric Co. spends on capital improvements.
BGE is a subsidiary of Constellation Energy, which provides power to homes in Central Maryland, including 88,600 natural gas and 221,500 electricity customers in Anne Arundel County.
EDF 'sends used nuclear material' to Siberia - Telegraph
EDF, the French firm which owns eight of Britain's nuclear power stations has shipped hundreds of tons of used radioactive material to Russia.
More than 1,500 tons of spent fuel produced by the power company EDF was discovered in metal containers near a Siberian town.
The company claims that it recycles almost all of its fuel. Environmental experts have claimed that 13 per cent of the spent fuel from the company's French power plants is on the site and described it as "really dirty stuff".
France dumps nuclear waste in Siberia, reports say | Environment & Development | Deutsche Welle | 13.10.2009
Nuclear waste from France has been sent to Siberia for storage. According to news reports, over 100 tons of uranium were transported to Seversk. France's ecology minister has called for an investigation into the case.
According to the French daily newspaper Liberation and Franco-German television broadcaster Arte, France's electricity company EDF has sent 108 tons of uranium to Siberia since the mid-1990s. About 13 percent of France's nuclear waste is stored in open-air parking lots near a nuclear plant in Seversk, said reports on Monday.
EDF said it sends uranium left over from nuclear plant production in France to Russia to be treated so that it can be used again.
NRC Orders Hearings On Reactor At Calvert Cliffs - wjz.com
The Nuclear Regulatory Commission has decided to open its hearing process in a dispute over a proposal to build a third nuclear reactor at Calvert Cliffs in Lusby.
The NRC made the decision Tuesday in the application process for UniStar Nuclear, which is a joint venture of Baltimore-based Constellation Energy and the EDF Group, a French company.
Several groups argue the third reactor would be owned and controlled by foreign interests, contrary to the Atomic Energy Act and NRC regulations.
But UniStar counters that the proposal would not put a third reactor into control by foreign interests.
The NRC hasn't taken a position, and the hearing process can take more than a year.
EDF nuclear waste stored in open air in Russia: report | Green Business | Reuters
Waste from French power stations was being deposited in the open air in Russia, French newspaper Liberation said on Monday.
The paper said 13 percent of French radioactive waste produced by power group EDF could be found in the open air in a town in Siberia to which access is forbidden. The paper said it based its information on an investigation due to be broadcast on TV channel Arte on Tuesday.
An EDF spokeswoman declined to confirm the 13 percent figure, or that waste was stored in the open air, but confirmed EDF sends nuclear waste to Russia.
EDF denies sending nuclear waste to Russia | Reuters
* Daily says 13 pct of French waste dumped in Russia
* EDF says radioactive waste is kept in France
* EDF says only recyclable spent uranium sent to Russia
PARIS, Oct 12 (Reuters) - EDF (EDF.PA) is sending to Russia spent nuclear fuel that needs to be reprocessed, the French nuclear power producer said on Monday, denying a French press report that it was using Siberia to dump nuclear waste.
The world's largest nuclear energy producer said that radioactive waste was kept in France, where it was processed and stocked in dedicated facilities at Areva's (CEPFi.PA) storage site of La Hague, on the northwestern coast of Normandy.
NRC - NRC Approves License Transfers for Constellation/EDF Nuclear Joint Venture
The Nuclear Regulatory Commission staff has approved the transfer of the operating licenses for the Calvert Cliffs Units 1 and 2, Nine Mile Point Units 1 and 2, and Ginna nuclear reactors, as well as the license for the Calvert Cliffs Independent Spent Fuel Storage Installation (ISFSI), to a new ownership structure created by the joint venture of Constellation Energy Nuclear Group (CENG) and EDF Development, a U.S. subsidiary of Électricité de France S.A., a French limited company. As provided by NRC regulations, the staff's approval of the transfer is effective October 9.
CENG and EDF Development submitted an application Jan. 22 requesting approval of the license transfer, and the companies provided supplemental information Feb. 26, April 8, June 25 and July 27. Following EDF Development’s proposed purchase of 49.99 percent of CENG, Constellation Energy Group (CEG) would hold the remaining 50.01 percent through two intermediate companies, Constellation Nuclear and CE Nuclear. The current Constellation Nuclear Power Plants corporation would become an LLC and exist between CENG and the individual power plants.
At odds over EU, France and Turkey talk nuclear | Markets | Markets News | Reuters
* Sarkozy proposes nuclear projects in Turkey and Asia
* Turkish president expressed interest, Elysee says
* Sarkozy hopes for GDF Suez role in Nabucco pipeline
By Yann Le Guernigou
PARIS, Oct 9 (Reuters) - France offered Turkey cooperation on civil nuclear energy and closer trade ties on Friday, seeking to improve relations that have been damaged by President Nicolas Sarkozy's opposition to Turkey joining the European Union.
Sarkozy proposed to his Turkish counterpart Abdullah Gul during a working lunch at his Elysee palace that the two countries could work together on nuclear projects not only in Turkey but also in central Asia, Sarkozy's office said.
"President Gul said he was interested. He noted that he had met several times with Anne Lauvergeon, chief executive of (nuclear technology group) Areva (CEPFi.PA), and that there were very interesting prospects," said an Elysee source.
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