EDF
The London 2012 Olympic Park in the east of the capital is set to be powered by nuclear energy. French behemoth EDF and the London Organising Committee of the Olympic Games (Locog) hope to finalise an agreement on the powering of the Games before the end of next month.
Independent 30th Jan 2011 more >>
EON
Paul Golby, the long-serving chief executive and chairman of E.ON UK, has been asked to stay beyond the company’s retirement age to complete a major restructuring of the £9bn-turnover business.
Energy industry insiders said that Dr Golby had said late last year that he would retire on his 60th birthday this year. However, Dusseldorf-based E.ON has waived its retirement cut-off and asked Dr Golby to continue to lead the 15,000-employee British division.
The major part of the restructuring is the sell-off of UK power distribution networks in a move expected to raise £3.5bn. Hong Kong businessman Li Ka-shing is trying to buy the assets through his Cheung Kong Infrastructure vehicle, although there is at least one more bidder. JP Morgan is handling the sale and Deutsche is acting for Mr Li.
Independent 30th Jan 2011 more >>
Hinkley
Chris Huhne, Secretary Of State for the Department of Environmental Calamities and Catastrophes visited Hinkley Point today (Monday 24th January) and also Bridgwater College who are currently destroying a green field to make way for a ‘nuclear skills’ facility. The minister was interviewed by selected members of the press where he announced the apparent success of their reconsultation on the National Policy Statements, a classic case of the spin being a far cry from the reality. If the consultation was such a success then why was this ministerial visit such a hushed up affair? Could it have anything to do with the fact that there is a scandal breaking locally about the possibility that the land earmarked for development at Hinkley is already contaminated with Enriched Uranium? There was no mention of Huhne’s visit locally, but a group of campaigners did find out about it and turned up at the college in the hope of talking about their concern that local authorities are failing to act, despite having a legal obligation to do so, but Mr Huhne had already scarpered.
Bristol Indymedia 25th Jan 2011 more >>
Bradwell
CAMPAIGNERS fighting plans for a new nuclear power station in Bradwell have got 10,000 people to sign a petition against the plans. The petition, led by West Mersea pressure group Blackwater Against New Nuclear Group, will be passed to energy minister, MP Charles Hendry, on Tuesday.
Maldon Standard 28th Jan 2011 more >>
Sizewell
PLANS for a new nuclear power station at Sizewell remain on schedule, energy giant EDF has insisted – despite an influential committee of MPs casting doubt over the Government’s building targets.
East Anglian Daily Times 28th Jan 2011 more >>
Uranium
David Fuller, Global Strategist at fullermoney.com, says, in the first interview in a short series, that while investing in nuclear is a long term story Asia is already moving very fast by stockpiling uranium. David says the best plays are the mining stocks including, Rio Tinto (LON:RIO), Cameco (TSX:CCO), Denison Mines (AMEX:DNN), Geiger Counter(LON:GCL) & Paladin Energy (TSE:PDN). Watch out for David’s more detailed look at the uranium price and some of the stocks involved in the coming weeks.
Proactive Investors 29th Jan 2011 more >>
Radhealth
At about 10.30am on 17 January 1966, when Jesus Caceido heard a deafening explosion coming from the village of Palomares, the future mayor of the area had no idea he had just witnessed one of the Cold War’s most serious nuclear accidents – or that nearly half a century later, the 1,500 villagers would still be battling to have the ensuing contamination removed for good. After all, they live in Europe’s most radioactive village.
Independent 30th Jan 2011 more >>
Submarines
Rules meant to prevent accidents and radioactive leaks at the nuclear bomb bases on the Clyde have been suspended seven times in the last two years, prompting fears that workers and the public have been put in danger. The Ministry of Defence (MoD) has admitted that normal safety standards have been relaxed on 18 occasions since 2000 at the Faslane submarine base on Gareloch, and at the Coulport weapons store on Loch Long. This was “for operational reasons”, the MoD said. The Clyde bases have been criticised by government safety inspectors for failing to improve their arrangements for maintaining vital equipment. These latest revelations come on top of a string of problems with submarine accidents, radioactive leaks and ageing facilities at the bases.
Sunday Herald 30th Jan 2011 more >>
Renewables
This toxic lake poisons Chinese farmers, their children and their land. It is what’s left behind after making the magnets for Britain’s latest wind turbines… and, as a special Live investigation reveals, is merely one of a multitude of environmental sins committed in the name of our new green Jerusalem
Daily Mail 29th Jan 2011 more >>
Carbon Trading
Europe has been trading permits to emit carbon dioxide since 2005. The economic concept of the trading scheme is simple but the practice has been fraught with problems.
Telegraph 30th Jan 2011 more >>
