European Union rss

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.

UK academics join pro-Hinkley nuclear project debate

Nuclear Policies

04 August 2016

Nuclear engineering and climate change experts from Imperial College London have outlined the benefits of the Hinkley Point C nuclear power plant project in Somerset, England. They have joined the public debate on EDF Energy's project, after new British Prime Minister Theresa May's cabinet announced last week that it wants to review the deal and decide in early autumn whether to commit its support.

Europe checks French state aid for Areva restructuring

Corporate

20 July 2016

The European Commission has launched an investigation to determine whether the French government's contribution of €4.0 billion ($4.4 billion) towards the financing of the restructuring of Areva meets EU rules on state aid.

Ignalina turbine hall dismantling completed

Waste and Recycling

22 August 2016

Ignalina 1 turbine hall - 48Work that began in October 2011 to dismantle the turbine halls of unit 1 of the Ignalina nuclear power plant - or the B9/1 project - has been completed. The dismantled equipment weighs more than 18,000 tonnes and consists mostly of turbines, generators, heat exchangers, pumps, valves and pipes.

UK Parliamentary hearings assess Brexit impact

Nuclear Policies

03 August 2016

Nuclear power and climate change were key topics in a discussion on the potential impacts of the UK's decision to leave the European Union held last month by the Energy and Environment Sub-Committee. The Committee, part of the Parliamentary Select Committee on the European Union, has since published transcripts of the meetings.

UK's new premier axes Department of Energy and Climate Change

Nuclear Policies

15 July 2016

The UK's Department of Energy and Climate Change has been scrapped and its brief folded into the newly created Business, Energy and Industrial Strategy department. The formation of BEIS, which was announced yesterday following Theresa May's appointment as the new British Prime Minister, adds energy-related matters to the remit of its predecessor the Department for Business, Innovation and Skills.