Germany must reassess its nuclear phase out plan as this week’s Russian gas supply crisis has highlighted the need for a fresh look at all its energy options, analysts say. Fresh doubts over the reliability of its mighty energy partner, Russia, will force Europe’s biggest economy to try to reduce its future exposure to spats between Russia and Ukraine over transits, which are causing disruptions to European supply.
Guardian 8th Jan 2009 more >>
CAMPAIGNERS have slammed a decision by Hinkley Point bosses to ship nuclear waste to the US. Magnox, the firm that runs Hinkley Point A plant near Bridgwater, has won approval from the Environment Agency to ship hundreds of tons of nuclear waste from a metal smelting process for recycling in Tennessee. Stop Hinkley spokesman Jim Duffy said: “This radioactive metal should be isolated from the environment”.
Western Daily Press 7th Jan 2009 more >>
RADIOACTIVE waste seeped into the ground beneath Bradwell’s Magnox nuclear power station for at least 14 years, a jury heard. The radioactive cocktail of tritium, caesium, cobalt and americium that leaked from a decontamination unit was not discovered until the twin reactors were decommissioned five years ago.
This is Total Essex 8th Jan 2009 more >>
Rolls-Royce has appointed Lawrie Haynes, former chief executive of British Nuclear Group, to help spearhead its push into Britain’s resurgent nuclear market. The appointment of Mr Haynes, who is well known in the nuclear industry, is the latest sign of the company’s ambition to leverage its skills in the nuclear market. The company, which powers Britain’s fleet of nuclear submarines, announced last July it was creating a new business unit to focus on opportunities in the global civil nuclear market, which it estimated could be worth £50bn a year in 15 years’ time.
FT 8th Jan 2009 more >>
WEST Cumbria’s economy received a welcome boost yesterday when a French firm bought a Workington nuclear company and pledged to create more jobs there. Gravatom, which has sites at St Helens Business Park, Workington, and in Hampshire, has been snapped up by ONET Group for an undisclosed sum.
Business Gazette 8th Jan 2009 more >>
RWE has emerged as the frontrunner in the battle for control of Essent, the Dutch utility which could be valued at 6bn- 10bn ($8bn-$13.5bn) after Eni of Italy appeared poised to drop out of the race. Essent’s supervisory board is set to decide on a final bidder early next week, according to people close to the situation. Barring any last minute hitches, a deal could be announced before the end of the month.
FT 9th Jan 2009 more >>
Exelon is showing more persistence than its takeover target, NRG, thought likely when it launched its bid in October to create the largest US power producer. Both sides seem emboldened by a non-binding tender offer that expired on Tuesday that saw 46 per cent of NRG’s shareholders support the offer. Yes, it was a minority but Exelon has now extended the tender period and will have a strong bargaining chip if more than half the shareholders support it by the time of its general meeting in May. NRG’s staggered board might have allowed it to delay Exelon for years but a bylaw allows the expansion of the board, rendering this moot.
FT 9th Jan 2009 more >>
FYLDE’S nuclear site has received a major boost to its expansion plans now an American firm has placed an order for two of its reactors.
Toshiba Westinghouse, the owners of Springfields at Salwick, has agreed a deal with US giant Progress Energy to provide the AP1000 power units for its site in Florida. This deal could give the nuclear company extra clout in its bid to convince the Government to use its reactors as part of its renewable energy commitment.
Blackpool Gazette 8th Jan 2009 more >>
Inspectors at the International Atomic Energy Agency (IAEA) now have two reasons to smile. The United States has become the 89th country to bring into force a toughened nuclear-safeguards agreement. (By accepting stricter scrutiny of their own civilian nuclear activities, the Americans have boosted the IAEA’s hand as it chivvies laggards to co-operate.) Also, America’s president-elect, Barack Obama, supports a doubling of the IAEA budget by 2020, partly to help the inspectors’ work.
Economist 8th Jan 2009 more >>
An emergency planning zone around a former nuclear power station in Caithness has been reduced from three miles to less than one. The smaller area circling Dounreay has five neighbouring households within its boundary, instead of more than 200. The zone is covered by detailed plans to deal with the worst-case radiation emergency that can be “reasonably foreseen”. Dounreay said the reduction reflected a lower risk posed by the site.
BBC 8th Jan 2009 more >>
Nick Clegg has ousted Steve Webb from his post as the Liberal Democrats’ energy and climate change spokesman, in a reshuffle aimed at sharpening the party’s performance. The climate change brief, an important one in a party with strong environmental credentials, was handed to Simon Hughes, the former Liberal Democrat president.
Independent 9th Jan 2009 more >>