nuclear-news

Probe into EDF – China deal to develop a new type of nuclear reactor

EDF declines comment on China nuclear probe report PARIS http://uk.reuters.com/article/2012/12/25/uk-edf-china-nuclear-idUKBRE8BO03K20121225 by Lionel
Laurent and Gerard Bon Dec 25, 2012
Electricite de France (EDF.PA) on Tuesday declined to
comment on a report of a probe into its recent partnership with a
Chinese utility to develop a new type of nuclear reactor.

Several French news websites cited a forthcoming article in satirical
weekly Le Canard Enchaine, due to appear on Wednesday, as saying that
French finance-ministry inspectors had begun an inquiry into the terms
of the China agreement.

“We have no reaction,” a spokeswoman for EDF said, adding she had not
seen the forthcoming article. The French finance ministry was
unavailable for comment.EDF had said in November that the agreement
with China Guangdong Nuclear Power Corporation Holding GDNCP.UL was to
develop a concept for a 1,000-MW reactor. This would be cheaper and
smaller than the 1,600-MW EPR reactor blamed for the loss of a
landmark project in Abu Dhabi in 2009.

December 26, 2012 - Posted by Christina Macpherson | business and costs, France