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France faces tough choices on Areva T&D sale | Deals | Reuters
France may have painted itself into a corner by pushing state-owned nuclear power group Areva to sell its most profitable unit, and could end up weakening the very domestic industries it is trying to champion.
The government, which owns 93 percent of Areva, must choose between three bids for the Areva's electricity transmission & distribution (T&D) business -- from GE, Toshiba, and a French consortium of Alstom and Schneider Electric -- each of which potentially hurts French economic interests in different ways.
Should the government choose GE or Toshiba for the business, valued at 4 to 5 billion euros ($5.9-7.4 billion), it would in either case end up strengthening a company that competes with Areva in its core nuclear segment.
AFP: Greenpeace boards reactor equipment ship
Six Greenpeace activists Monday boarded a ship carrying French-made steam turbines bound for a new nuclear power station in Finland, the environmental group said.
The protestors climbed on board the Happy Ranger as it made its way through the Fehmarn Belt strait between Denmark and Germany and unfurled banners including one which read "Nuclear madness, made in France".
Greenpeace wants construction halted on a third-generation nuclear reactor currently being built at Olkiluoto, in southwest Finland, by the French company Areva.
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.
CVC pulls out of GE talks over Areva unit: report | Deals | Reuters
Private equity fund CVC has pulled out of talks with General Electric (GE.N) about a possible joint bid for the power and transmission unit of France's Areva (CEPFi.PA), a French financial news service reported on Sunday.
Spokesmen for the firms involved could not immediately be reached for comment.
State-owned nuclear reactor group Areva is selling its T&D unit and has selected Japan's Toshiba (6502.T), a consortium led by U.S.-based GE, and French partners Alstom (ALSO.PA) and Schneider Electric (SCHN.PA) as possible buyers.
Binding offers are expected for November 9 ahead of an Areva decision set for November 16.
Joint Regulatory Position Statement on the EPR Pressurised Water Reactor
The UK nuclear safety regulator (HSE's ND), the French nuclear regulator (ASN), and the Finnish nuclear regulator (STUK) are currently working to assess the EPR Pressurised Water Reactor.
In carrying out individual assessments, we have all raised issues regarding the EPR Control and Instrumentation (C&I) systems, which the proposed licensees and/or the manufacturer (AREVA) are in the process of addressing.
Although the EPR design being developed for each country varies slightly, the issues we raised with the current C&I system are broadly similar, our aim being to collectively obtain the highest levels of safety from the EPR.
The issue is primarily around ensuring the adequacy of the safety systems (those used to maintain control of the plant if it goes outside normal conditions), and their independence from the control systems (those used to operate the plant under normal conditions).
France backs Aussie nuclear power industry | The Australian
FRANCE, the world's most nuclearised country, has backed a nuclear power industry in Australia.
The French government's environment ambassador Laurent Stefanini says nuclear power is a good fit for a country that has the world's largest uranium reserves.
Mr Stefanini said that going nuclear is a reliable and useful way to avoid greenhouse gas emissions, and there have been no major accidents in France.
Nearly 80 per cent of France's electricity comes from nuclear reactors and its emissions are about one-third of Australia's on a per capita basis.
Britain's nuclear strategy threatens destruction of Kalahari | Environment | The Observer
Namibian environmentalists warn expansion of uranium mining could devastate spectacular natural landscape
The hidden cost of Britain's new generation of nuclear power could be the destruction of the Kalahari desert in Namibia and millions of tonnes of extra greenhouse gas emissions a year, the Observer has discovered.
The desert, with its towering sand dunes and spectacular lunar-like landscapes, is at the centre of an international uranium rush led by Rössing Uranium, a subsidiary of the British mining giant Rio Tinto, and the French state-owned company, Areva, which part-manages the nuclear complex at Sellafield and wants to build others in Britain.
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.
FT Energy Source | A bad week for French nuclear
As if it wasn’t enough that three countries - including France - had raised concerns about safety in the new EPR nuclear reactor design, concerns are building over delays to another big European reactor.
France remains a leader in world nuclear power, with almost 80 per cent of its electricity supply sourced from its reactors. The reactor under development by Electricite de France in Flamanville, northern France, and the Finnish Olkiluoto reactor are meant to be showcases for the new EPR reactor, largely designed by French company Areva.
Delays over Olkiluoto have been well-publicised this year, and it’s also been the subject of a public spat between Areva (which is building the plant) and Finnish utility TVO, which will operate it.
Now the French project in Flamanville is coming under fire for delays, too. It is due to be commissioned in 2012, but sources close to the project told the FT the project is already six months behind, and that EDF is wrestling with Bouyges, the engineering company contracted to build the reactor, over budgets and round-the-clock shifts to advance the project.
Areva shares fall over nuclear safety concerns | Markets | Markets News | Reuters
* New reactor design criticised by French politicians
* Follows calls for modification by nuclear safety bodies
* Shares close almost 4 percent down
PARIS, Nov 3 (Reuters) - A new generation of French nuclear power reactors came under attack on Tuesday as opposition parties called for an inquiry into their security systems, after three nuclear safety bodies asked for changes to their design.
In a rare joint statement, nuclear safety bodies in France, Britain and Finland on Monday ordered France's Areva (CEPFi.PA) and EDF (EDF.PA) to modify the safety features on its European Pressurised Reactors (EPR) due to insufficient independence between the day-to-day systems and the emergency systems.
Opponents to nuclear power latched on to the news, with France's opposition socialist party calling for a parliamentary inquiry.
France's Areva agrees to modify reactor design | Reuters
France's Areva (CEPFi.PA) said on Monday it would modify the design of its European Pressurised Reactors (EPR) before the end of the year, following a request by the French, UK and Finnish nuclear safety bodies.
The bodies asked in a joint statement that the control and safety systems within the reactor be independent from each other to avoid both systems failing at the same time.
"The safety of the EPR is not called into question," a spokeswoman at the world's largest nuclear reactor maker told Reuters.
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.
FT.com / UK - Nuclear dust rains on France's atomic parade
It should have been a day of celebration, a moment to showcase France's expertise in nuclear power built over decades of research and development.
Instead government ministers and local state representatives yesterday scurried for cover, cancelling their visits to the planned 50th anniversary celebrations of the Cadarache nuclear site in picturesque Provencal France.
Could the reason have been the embarrassing discovery of kilos of unrecorded plutonium that has for years been lying in the nooks and crannies of fuel manufacturing facilities at Cadarache - sparking worries over nuclear safety standards and questions for the public prosecutor?
FACTBOX-Plutonium, one of the world's deadliest elements | Markets | Reuters
France's nuclear safety watchdog said on Thursday it had suspended efforts to dismantle a plutonium technology plant after nearly 3 times the expected levels of the radioactive element were found at the site. [ID:nLF530004]
Around eight kilograms of plutonium were believed to have been stored at the site when it was up and running, but some 22 kilograms had been discovered to date and the final figure could be closer to 39 kilograms, the nuclear safety watchdog ASN said.
FACTBOX-Plutonium, one of the world's deadliest elements | Markets | Reuters
France's nuclear safety watchdog said on Thursday it had suspended efforts to dismantle a plutonium technology plant after nearly 3 times the expected levels of the radioactive element were found at the site. [ID:nLF530004]
Around eight kilograms of plutonium were believed to have been stored at the site when it was up and running, but some 22 kilograms had been discovered to date and the final figure could be closer to 39 kilograms, the nuclear safety watchdog ASN said.
Watchdog suspends work at French plutonium plant | Markets | Reuters
The French nuclear safety watchdog ASN has suspended work dismantling a plutonium technology plant over worker safety fears, after almost three times as much plutonium was found at the site than expected.
The watchdog said it was only told of the problem on Oct. 6, although the Atomic Energy Commission (CEA), the state body that supervises the plant in Cadarache near the southern port of Marseille, had been aware of the problem since early June.
Metro - French nuclear safety authorities suspend work at fuel plant after excess plutonium found
France's nuclear safety authority has suspended work at a nuclear fuel plant after discovering it had underestimated plutonium levels.
The ASN safety agency says the plant in Cadarache failed to notice and then waited months to report several extra kilograms of plutonium in closed spaces used to manipulate radioactive material.
The ASN said in a statement Wednesday "the incident had no consequences." But it issued a warning to plant operators and suspended work on dismantling the plant.
The plant, which manufactured fuel for nuclear plants for 40 years, is being decommissioned.
It was operated by French nuclear manufacturer Areva and belongs to the state Atomic Energy Commission, which reported the excess plutonium on Oct. 6.
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.
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