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Struggling nuclear company EDF now looking for a nuclear shut-down business

 nuke-reactor-deadFrance’s EDF sets sights on $200 bln nuclear decommissioning market By Bate Felix and Benjamin Mallet PARIS, July 4 (Reuters) – EDF aims to snare a sizeable share of the global nuclear decommissioning market, worth an estimated 200 billion euros ($222 billion) over the next 15 years, by virtue of experience gained in dismantling its old reactors.

The French state-controlled utility is in the process of dismantling nine reactors and has 58 others in operation, supplying France with about 75 percent of its energy needs.

Worldwide, 110 reactors have been halted and will need to be safely dismantled, EDF executives said, adding that the company has a team of 800 experts in the complex process.

“Nuclear decommissioning is a very important market with opportunities for the international and local nuclear sector,” Dominique Miniere, executive director for EDF’s nuclear and thermal plants, told journalists in Paris……

Based on the completed decommissioning of reactors in the United States, EDF estimates that it will cost about 400 million euros to dismantle a 900 megawatt pressurised water reactor — a process that could take up to 15 years.

The company’s first dismantling of a nuclear reactor in France — the Chooz A reactor that ceased operating in 1991 — is expected to be completed in 2022. ($1 = 0.8974 euros) (Editing by David Goodman)  http://af.reuters.com/article/energyOilNews/idAFL8N19Q3N4

July 6, 2016 - Posted by | business and costs, decommission reactor, France

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