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US plants safe in extreme events, NRC finds

Located in: Regulation and Safety

16 May 2011

Surry (NRC/Dominion Energy)Inspections by the US Nuclear Regulatory Commission (NRC) have found that the country's nuclear reactors would be safe even in the event of power losses or extensive site damage following extreme events - although some plants still need to make improvements.

European stress tests still to be finalised

Located in: Regulation and Safety

13 May 2011

The European Nuclear Safety Regulators Group (ENSREG) and the European Commission have failed to agree the specifications for stress tests to be carried out at all of the European Union's nuclear power plants.

Deal struck over Tepco compensation plan

Located in: Regulation and Safety

13 May 2011

The task force discussing the Japanese government's plans for supporting embattled Tokyo Electric Power Company (Tepco) overcame objections from a number of politicians yesterday to draw up a blueprint for the government's assistance to the utility.

Water poses questions for Tepco

Located in: Regulation and Safety

12 May 2011

Radioactivity test results are back on the leak discovered yesterday at Fukushima Daiichi 3, while better data from unit 1 has begun to illuminate the damage there. Off-site, tap water restrictions have all been lifted.

CGNPC withdraws Kalahari offer

Located in: Industry Talk

12 May 2011

China Guangdong Nuclear Power Corporation's (CGNPC's) uranium subsidiary has withdrawn its £756 million ($1.23 billion) offer for Kalahari Minerals of the UK, which owns some 43% of Extract Resources, the developer of the Husab uranium project in Namibia. CGNPC-Uranium Resources Company's (CGNPC-URC's) offer of £2.90 ($4.72) per Kalahari share was announced on 7 March 2011. A few days later, after the onset of the Fukushima nuclear crisis, Kalahari and CGNPC-URC came to an agreement that the offer price would be lowered to £2.70 ($4.39) per Kalahari share, a total of £703 million ($1.14 billion). However, on 3 May the UK Takeover Panel said that the original announcement in March of the possible offer did not contain a reservation of a right for CGNPC-URC to subsequently reduce its offer. CGNPC-URC was therefore not permitted to reduce the price of its offer as it broke the "City Code" on takeovers and mergers. Kalahari appealed that decision, but on 10 May, without giving its reasons, the Takeover Panel dismissed that appeal. CGNPC-URC has now said that it "no longer wishes to make an offer for Kalahari on the terms announced on 7 March," but said it reserves the right to make another offer for Kalahari within the next six months.

 

Japan to reconsider energy policy

Located in: Nuclear Policies

11 May 2011

Naoto Kan 10 May 2011

A rethink of Japan's energy policy following the accident at the Fukushima Daiichi nuclear power plant has been announced by the country's prime minister Naoto Kan. Nuclear will remain a "pillar" in Japan's energy supply, he said.

Tepco investigates new Fukushima leak

Located in: Regulation and Safety

11 May 2011

Leak to concrete pite from Fukushima Daiichi 3, May 2011A leak to sea from Fukushima Daiichi 3 was found today and stopped. Tokyo Electric Power Company is assessing what environmental effect, if any, the leak may have had.

Nuclear cost-effective for UK cuts

Located in: Energy and Environment

10 May 2011

Nuclear power is likely to play a significant role in meeting the UK's greenhouse gas emission reduction targets for 2020, an independent committee has said. Meanwhile, a think-tank claims over-ambitious renewables targets could harm decarbonisation. 

First look in unit 3's pond

Located in: Regulation and Safety

10 May 2011

Debris and dust in Fukushima Daiichi 3's used fuel pond, May 2011Debris litters the fuel pond of Fukushima Daiichi 3, a remote camera inspection has shown. Elsewhere on site work is underway for long-term cooling of damaged reactor cores.

South Korea bolsters reactor safety

Located in: Regulation and Safety

09 May 2011

Safety inspections at South Korea's nuclear power reactors have concluded that they are safe against the largest earthquakes and tsunamis that have struck the country so far. However, a massive investment programme has been announced aimed at reinforcing their defences.


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