The News That Matters about the Nuclear Industry

Big stock exchange fall for French nuclear company EDF

graph-down-uraniumEDF Slumps After Nuclear Price Concerns Trigger Stock Downgrade By Tara Patel – May 16, 2013 
Electricite de France SA, Europe’s biggest power producer, fell the most in five months in Paris.
trading after Bank of America Corp. cut its rating on the stock on concern earnings from nuclear generation will fall short.

EDF (EDF) fell as much as 5.5 percent, the biggest intraday decline since Nov. 29, and was down 4.8 percent at 17.265 euros as of 4:39 p.m. local time. The French government, which controls Paris-based EDF, is due to set wholesale prices for the company’s atomic power by the end of the year as the utility pushes for higher rates to help finance investments and cover costs. The tariff “could disappoint investors,” Arnaud Joan, an analyst at Bank of America in London, wrote in a report published today. Continue reading

May 18, 2013 Posted by | business and costs, Greece | Leave a comment

Greece finds Fukushima radiation fallout

Radioecological indexes of fallout measurements from the Fukushima nuclear accident  Fallout from the Fukushima nuclear accident has been monitored for about 1 month in Thessaloniki, Northern Greece. Three different radionuclides, one short-lived, one relatively long-lived and one long-lived fission product were identified in air, grass and milk samples. The 131I, 137Cs and 134Cs activity concentrations in air reached 497, 145 and 126μBqm−3, respectively on 4 April, 201These radionuclides are of particular concern regarding their transfer from the environment to population through the ingestion pathways for the assessment of the Fukushima accident consequences. Radioecological indexes (eco-indexes) of fallout measurements in the air–grass–cow-milk–man pathway for 131I were determined, as they are related to radiological impact of the Fukushima derived radionuclides on the public and environment.

October 29, 2012 Posted by | environment, Greece | Leave a comment

Greece gearing up for solar energy export industry

Greece Eyes Jobs, Growth Impulse From Solar Energy Export  By Paul Tugwell – Apr 5, 2012  A group led by Germany’s Fichtner GmbH & Co. KG was chosen as technical adviser forGreece’s 20- billion euro ($26.1 billion) Helios solar power project, according to the country’s committee on privatizations.

The other members of the venture are all from Greece; Kantor Management Consultants SA, the Centre for Renewable Energy Sources and the National Technical University of Athens, according to a statement from the committee posted on the Greek government’s ministerial decision website.

The Helios project, named after the ancient god of the sun, would install as many as 10 gigawatts of solar panels by 2050, enabling Greece to export power from the natural energy to other European Union countries.

April 7, 2012 Posted by | Greece, renewable | Leave a comment

Depleted uranium endangering rare seal

to protect marine mammals and other marine life from……….highly toxic materials like depleted uranium that have been deposited by the military.

Saving the world’s rarest seal from uranium, guardian Uk, 17 June 2010, Dr Anastasia Miliou was interviewed by Georgina Kenyon“....Greek conservationists from the Greek NGO, Archipelagos, work to protect endangered common dolphins and monk seals and also the region’s marine ecosystems from the effects of overfishing, shipping, and the military. Dr Anastasia Miliou, manager and head scientist from Archipelagos Institute of Marine and Environmental Research of the Aegean Sea, based on the Greek island of Samos in the eastern Aegean, explains about seals, uranium deposits and sonar   Continue reading

June 17, 2010 Posted by | environment, Greece | , , , , , , , , | Leave a comment

Atomic Nightmare: Krümmel Accident Puts Question Mark over Germany’s Nuclear Future

Krümmel Accident Puts Question Mark over Germany’s Nuclear FutureBy SPIEGEL 13 July 09 The recent accident at the Krümmel nuclear power plant in northern Germany was more serious than was previously known. Anglea Merkel’s Christian Democrats are now finding themselves on the defensive with their plans to extend the life of German nuclear reactors………..

It was already awkward enough for Vattenfall that the accident, which resembled a similar breakdown two years ago, occurred after it had spent €300 million ($420 million) upgrading the plant. As in the 2007 incident, this time there was also a short circuit in a transformer. The reactor, which had just been started up, quickly had to be shut down again on Saturday, July 4.

Züfle was also forced to admit that the accident in the nuclear power plant was more serious than previously known. In addition to the transformer problem, he conceded, there was damage to “perhaps a few fuel elements,” namely the radioactive core of a nuclear power plant.

Atomic Nightmare: Krümmel Accident Puts Question Mark over Germany’s Nuclear Future – SPIEGEL ONLINE – News – International

July 14, 2009 Posted by | Greece, safety | , , , | Leave a comment

Greece announces nuclear moratorium

Greece announces nuclear moratorium – by Sam Bond 11 Feb 09 “……………..environmental campaigners are claiming victory after Greek development minister Kostis Hatzidakis ruled out future investment in nuclear and, perhaps more importantly, coal-fired power plants.

WWF Greece was part of a coalition that has been fighting a ‘no to coal’ campaign amid a will-they-won’t-they saga over government backing for coal plants and rumours that the ruling administration planned to introduce nuclear power to the country’s energy mix.

Demetres Karavellas, chief executive of the NGO, said: “We feel that our efforts to prove that Greece does not need coal power plants and nuclear energy have been justified. Today, we can be more optimistic that Greece might make the necessary shift towards a more sustainable and competitive green economy.”

The government change of stance on the issue was signalled by legislative changes to streamline and assist investment in renewable energy and by Mr Hatzidakis emerging from a cabinet meeting in late January to say “We want 2009 to be the year of renewable energy sources .”

Greece announces nuclear moratorium

February 16, 2009 Posted by | Greece, politics | Leave a comment



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