nuclear-news

The water utility and the nuclear research group known as CEA plan to earn as much as 400 million euros ($534 million) in revenue within about four years by cleaning radioactive sites and taking apart installations, they said today.

“The market is developing very quickly,” Veolia Chief Executive Officer Antoine Frerot told a press conference today in Paris. About 300 nuclear reactors will have to be halted worldwide within two decades including in France, Germany, Japan and the U.S., he said.

The shift into the atomic market comes after President Francois Hollande pledged to lower France’s dependence on the energy and shut the country’s oldest plant at Fessenheim. It’s also the first new market Veolia has publicly announced it will enter into since Frerot pledged to pull out of some countries and businesses in a bid to boost profit…… http://www.bloomberg.com/news/2013-01-15/veolia-draws-upon-fukushima-to-move-into-nuclear-dismantling-1-.html