European Union rss

Europe needs to revise nuclear strategy, says committee

Nuclear Policies

26 September 2016

A consultative body of the European Union has called for the European Commission to adopt a "more comprehensive" nuclear strategy. The European Economic and Social Committee (EESC) says the commission should highlight nuclear energy's positive attributes.

Ignalina gets operating licence for storage facility

Regulation and Safety

21 September 2016

An operating licence was issued yesterday for the new interim used fuel storage at the Ignalina nuclear power plant in Lithuania, the State Nuclear Power Safety Inspectorate (Vatesi) announced today. The licence permits commissioning of the facility, known as the ISFSF B1 Project, and the start of hot trials with ten new design casks. ISFSF B1 Project is located in Visaginas municipality.

Funding gaps remain in decommissioning of East European reactors

Waste and Recycling

20 September 2016

Ignalina - aerial - 48The estimated cost of decommissioning Soviet-designed, first-generation nuclear power reactors in Bulgaria, Lithuania and Slovakia will be at least €5.7 billion ($6.4 billion), according to the European Court of Auditors. However, it warns this could double if the cost of disposing of high-level radioactive waste is included.

Recognition sought for nuclear's unique attributes

Nuclear Policies

21 September 2016

High level panel - WNA Sympo 2016 - 48The economics and financing of nuclear power projects and the markets in which they operate was discussed last week by a high level panel at the World Nuclear Association's Annual Symposium. While some countries are investing in new nuclear capacity, some market conditions are forcing the closure of existing reactors, participants said.

Hungary hopeful of Paks II approval within weeks

Nuclear Policies

20 September 2016

Aszodi speaking at 2016 WNA Symposium - 48The European Commission is expected to issue a decision "within weeks" on Hungary's plan to build two additional reactors at Paks, Attila Aszódi, the government commissioner responsible for Paks II, said last week. The submission of the site licence application for the new Russian-built VVER-1200 units to Hungary's regulator is scheduled for the end of October, Aszódi told delegates at the World Nuclear Association's 41st Annual Symposium in London on 16 September.

Urenco records first-half net loss, qualifies Brexit impact

Corporate

25 August 2016

Urenco has today reported a net loss of €8.5 million ($9.6 million) as a result of adverse exchange rate movements and significant weakening of pound sterling in its financial results for the half year ending 30 June 2016. The net loss compares with a net gain in the same period of 2015 of €166 million.