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Vattenfall looks at German losses

Located in: Industry Talk

22 June 2011

The Swedish state-owned power company, Vattenfall, has announced that it expects operating profit for the second half of this year to be impacted by SEK10 billion ($1.5 billion) due to nuclear shutdowns in Germany. That country's government decided to close all nuclear reactors built in or before 1984 in the immediate aftermath of the Fukushima accident. Among these were the Brunsbüttel and Krümmel plants, of which Vattenfall owns 66.7% and 50% respectively totalling some 1187 MWe of nuclear capacity. The company said there would be no effect on cash flow in 2011, but that it had to "impair its book value" and to "increase the provisions for dismantling the plants and the handling of nuclear fuel.

Cooperation for the post-Fukushima era

Located in: Regulation and Safety

21 June 2011

International cooperation on nuclear safety will come on many fronts in response to the Fukushima accident. In September a draft action plan will be presented by the IAEA, which could include a more prominent role for industry.

UAE nuclear program gaining popular support

Located in: Nuclear Policies

20 June 2011

UAE poll (ENEC)A national opinion poll has found strong support for the United Arab Emirates' (UAE) nuclear energy program, with 85% of the respondents believing in the importance of peaceful nuclear energy for the nation.

Nuclear generation rise in 2010

Located in: Energy and Environment

15 June 2011

Nuclear electricity generation to 2010 (WNA)The total amount of electricity generated by nuclear powers plants around the world increased in 2010 following three consecutive years of decline. However, a sharp drop in output is foreseen for 2011 as a result of the Fukushima accident.

Growth remains nuclear's future

Located in: Nuclear Policies

15 June 2011

The Economist Intelligence Unit sees a decade of growth for nuclear power with only a marginal impact from the Fukushima accident.

EU ministers on stress tests and roadmaps

Located in: Regulation and Safety

13 June 2011

Gunther Oettinger and Tamas Fellegi (Image: Council of the European Union)European Union energy ministers have expressed their support for stress tests at EU nuclear power plants. They also warned of the effects of Germany's decision to phase out nuclear power on European energy aims and goals.

Cooling fuel pools at Fukushima

Located in: Regulation and Safety

13 June 2011

Fukushima Daiichi 2 turbine building (Tepco)

While progress has been made in cooling the used fuel pool at Fukushima Daiichi unit 2, an inspection of the reactor building at unit 4 suggests workers may face problems setting up a similar cooling system there. Meanwhile, tests have confirmed that two workers have received radiation doses of over 650 millisieverts.

Tests soon at Fukushima treatment plant

Located in: Regulation and Safety

10 June 2011

Fukushima rest area (Tepco)Active testing is to begin on a facility to treat and store contaminated water at the Fukushima Daiichi nuclear power plant, where some 100,000 tonnes of contaminated water has to be managed.

Coordinated US industry response to Fukushima

Located in: Regulation and Safety

10 June 2011

Three electricity industry organizations have joined forces to integrate and coordinate the US nuclear industry's response to the Fukushima accident in Japan. Meanwhile, a poll indicates that worldwide public support for nuclear energy remains high despite the accident.

Forum finds lessons from Fukushima

Located in: Regulation and Safety

09 June 2011

Regulators and plant operators must strive for continuous improvement of nuclear safety in the wake of the Fukushima Daiichi nuclear accident, nuclear regulatory authorities from around the world have agreed.


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