France rss

EDF faces €100 billion reactor upgrade bill, says audit office

Regulation and Safety

11 February 2016

French utility EDF will need to spend some €100 billion ($113 billion) on upgrading its fleet of 58 nuclear power reactors by 2030, the country's state audit office has said. The upgrades are needed to meet new safety requirements and to extend the lives of the units beyond 40 years.

Areva looks to finalize reactor business sale

Corporate

28 January 2016

Areva's board of directors has given a mandate to its CEO to finalize negotiations on EDF's acquisition of a majority stake in its nuclear reactor business. The moves follows agreement by the two companies on the final valuation of Areva NP.

Fatal rockfall at planned French repository site

Regulation and Safety

26 January 2016

One person was killed and another injured today by a tunnel collapse within an underground laboratory operated by French waste management agency Andra. The laboratory, near Bure in the Meuse/Haute Marne area, is assessing the site for its suitability to house a national radioactive waste repository.

Ukraine and France discuss cooperation in nuclear energy

Nuclear Policies

01 February 2016

French diplomats met with Ukrainian parliamentarians last week to discuss increased cooperation between the two countries in nuclear energy. Ukrainian nuclear power plant operator Energoatom announced on 29 January that a meeting with the parliamentary Committee on the Fuel and Energy Complex, Nuclear Policy and Nuclear Safety had been held the previous day on the initiative of the French embassy in Kiev.

Final decision on Hinkley Point C postponed

New Nuclear

27 January 2016

EDF has again delayed making a final investment decision for the construction of the Hinkley Point C nuclear power plant in the UK. A decision had been expected by the end of 2015.

Jaitapur agreement due by year-end

New Nuclear

25 January 2016

Hollande-Modi January 2016 - 48A deal between France and India for the construction of six EPR nuclear power reactors at Jaitapur in India's Maharashtra state is now set to be finalized by the end of this year, the countries' leaders have said.