nuclear-news

More woes for AREVA- the nuclear company faces legal problems

Areva could face competition inquiry if it wins UK nuclear power contract, Rival argues French state-owner company would have monopoly if chosen to build Wylfa reactor on Anglesey Dan Milmo, guardian.co.uk,   4 March 2012   Areva, the French state-owned nuclear power group, faces the threat of a competition investigation by the European commission if it wins a hotly-contested contract to build UK reactors.

Detailed legal documents drafted by a competitor and seen by the Guardian state that Areva will secure a market monopoly which should trigger a sector inquiry if the company wins the contest to build a reactor at the Wylfa site on Anglesey. Horizon, the British nuclear joint venture owned by the German power groups E.ON and RWE, is also planning a reactor for Oldbury in Gloucestershire…. http://www.guardian.co.uk/business/2012/mar/04/areva-competition-inquiry-nuclear-reactors?newsfeed=true

March 6, 2012 - Posted by Christina Macpherson | France, Legal