nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Four Japanese opposition parties mobilise for exit from nuclear power

Le Monde 10th March 2018, [Machine Translation] Seven years after Fukushima, Japanese opposition
mobilizes for nuclear exit. Adraft law on the withdrawal of nuclear power that was tabled on Friday, March 9, by four opposition parties in Japan,
starting with the Democratic Constitutional Party (PDC), which had been campaigning on this issue.
http://www.lemonde.fr/energies/article/2018/03/10/l-opposition-japonaise-se-mobilise-pour-la-sortie-du-nucleaire_5268778_1653054.html

March 12, 2018 Posted by | Japan, politics | Leave a comment

Japan’s Prime Minister Abe spinning propaganda in Fukushima, about 2020 Olympic Games

Abe celebrates Fukushima highway  http://www.the-japan-news.com/news/article/0004295825, March 10, 2018 Fukushima (Jiji Press) — Prime Minister Shinzo Abe attended on Saturday the opening ceremony of a section of a highway in Fukushima Prefecture being promoted as a state project to support reconstruction from the March 2011 disaster.

Referring to the targeted completion of the Soma-Fukushima highway in fiscal 2020, when the Tokyo Olympic and Paralympic Games will be held, Abe said, “I hope people from around the world will use this highway and experience a reconstructed Fukushima.”

Of the 45-kilometer Soma-Fukushima highway, a 17-kilometer section linking the Fukushima cities of Soma and Date opened on Saturday

March 12, 2018 Posted by | Japan, politics | Leave a comment

Plan for nuclear power in Bhavnagar district dumped, as locals remember Fukushima

N-power project junked due to Fukushima disaster Gujarat CM. Energy World

The project was proposed to be set up at Mithivirdi village in Bhavnagar district, said Energy Minister Saurabh Patel.   March 09, 2018, Gandhinagar: Gujarat Chief Minister Vijay Rupani today told the Assembly the proposal to set up a nuclear power plant in Bhavnagar district has been scrapped owing to a movement by panic-stricken locals following the 2011 Fukushima nuclear accident in Japan.

The project was proposed to be set up at Mithivirdi village in Bhavnagar district, said Energy Minister Saurabh Patel.

He was speaking during a debate on the issue during Question Hour of the Assembly which is having its budget session.

Taking part in the debate, Rupani said though the state government had signed an MoU with Nuclear Power Corporation of India (NPCIL) in 2007, the project was eventually scrapped by the PSU after villagers raised apprehensions about their safety in the wake of radioactive “leak” from the Fukushima nuclear plant following a tsunami.

Rupani was replying to a question by Imran Khedawala (Congress) about the status of the proposed 6,000 MW nuclear power plant, for which the state had signed agreements with NPCIL in 2007 during the Vibrant Gujarat Summit.

“This project has been scrapped permanently by NPCIL. During the UPA rule, then Prime Minister Manmohan Singh had signed a nuclear deal with the USA. After that, a total of six nuclear plants were planned across the country and this plant in Bhavnagar was one of them,” he said.

“However, locals turned against this project after tsunami waves caused (radioactive) leak in Japan (in 2011)……. https://energy.economictimes.indiatimes.com/news/power/n-power-project-junked-due-to-fukushima-disaster-gujarat-cm/63227178

March 9, 2018 Posted by | India, politics | Leave a comment

Trump aims for global ‘energy dominance’ through pushing ahead the nuclear industry

White House: Nuclear power dominates ‘energy dominance’, Washington Examiner, by John Siciliano | 

The White House says President Trump’s biggest achievements in his energy dominance agenda are all about nuclear energy.

The White House Office of Science and Technology Policy underscored the president’s achievements Wednesday in a report that highlights a number of scientific advancements made under Trump’s watch.

The biggest energy achievements were on nuclear power, not coal, oil, or natural gas, which are typically promoted as key parts of the administration’s energy dominance agenda.

The report linked Trump’s recently released nuclear policy review, which has much to do with nuclear weapons, with moving the country closer to energy dominance. Trump issued a directive in June ordering his administration to look for ways to expand nuclear power domestically.

“The White House is leading the nuclear policy review, which includes a focus on restoring U.S. nuclear [research and development] capabilities and enabling innovation in the development and deployment of new reactors,” the new report read.

It also pointed out that on Nov. 13, Energy Secretary Rick Perry authorized national lab contractors to strike agreements with the private sector on nuclear technology licensing to help commercialize new reactors.

“The authorization adds a new and powerful technology transfer tool to help unleash American energy innovation by removing barriers for businesses and other entities interested in working with DOE’s National Laboratories,” the report said.

It also pointed out that Trump reopened a program that had been dormant for 23 years, which will boost nuclear power research and development.

“For the first time in 23 years, the U.S. Department of Energy has resumed operations at the Transient Reactor Test Facility,” the White House said. “TREAT is a crucial part of the nation’s nuclear [research and development] infrastructure, and provides the capability to test nuclear reactor fuels and materials under extreme conditions. Such testing can help to improve safety and performance of the current and future nuclear reactor fleet.”

The TREAT reactor at the Idaho National Lab operated for 35 years until it was closed under former President Bill Clinton. The TREAT website said the Energy Department had been considering reopening the test reactor, which is used to experiment with new nuclear power plant fuels. …http://www.washingtonexaminer.com/white-house-nuclear-power-dominates-energy-dominance/article/2650941

March 9, 2018 Posted by | politics, USA | Leave a comment

South Carolina House cuts customers bills over failed nuclear project, but Senate delays decision

S.C. House cuts customers’ bills over failed nuke project, Aiken Standard. By MEG KINNARD Associated Press, 7 Mar 18,

      COLUMBIA — South Carolina lawmakers on Wednesday nearly unanimously advanced a measure aimed at cutting utility bills in the wake of a nuclear construction project failure that’s already cost ratepayers billions.

Now the measure, approved on a 107-1 vote, goes back to the state’s Senate for consideration. That chamber has yet to agree to previous House measures that included cutting customers’ payments for the shuttered project.

Since convening two months ago, state lawmakers have tussled over what to do about the failed project at the V.C. Summer Nuclear Station, a $9 billion reactor construction effort that collapsed last summer. Co-owners SCANA Corp. and Santee Cooper, South Carolina’s public utility, abandoned the project July 31 following the bankruptcy of lead contractor Westinghouse.

 State and federal investigations into possible wrongdoing by SCANA are ongoing. Multiple lawsuits alleged company executives knew the project was doomed but kept that information from ratepayers, whom they continued to charge a collective $37 million per month to fund the project.

House and Senate panels quickly convened to examine the debacle, with House lawmakers producing a package of half-a-dozen bills. The proposals included bills cutting rates for customers of SCANA subsidiary South Carolina Electric & Gas by 18 percent – the amount they’ve been paying toward the project – and allowing refunds of what customers have already paid, if regulators conclude there had been “poor management” by SCE&G.

Both chambers put the nuclear mess at the top of their “to do lists” for this year’s session, with some in leadership saying they feared little would get accomplished until the state’s angry ratepayers had some sort of resolution. But debate has lagged in the Senate, where lawmakers have discussed issues related to the failure but also engaged in lengthy debates on other topics, including the recent placement of chicken farms.

The House has passed several proposals reforming the state’s regulatory structure for projects like V.C. Summer. The Senate has yet to take them up but has approved a bill to delay making decisions on fixing the debacle until the end of this year……https://www.aikenstandard.com/ap/s-c-house-cuts-customers-bills-over-failed-nuke-project/article_567263ef-7d18-529d-8b04-20d398e0ad9b.html

March 9, 2018 Posted by | politics, USA | Leave a comment

South Africa cannot afford to build a new nuclear reactor, but Environmental Department gave permit anyway

Business Report 5th March 2018, The Department of Environmental Affairs recently granted an environmental
permit for a new 4000-megawatt nuclear plant, close to the continent’s
only existing nuclear site, at Koeberg in the Western Cape.

This is despite former finance minister Malusi Gigaba recently stating that construction of
a new plant was unaffordable. Greenpeace Africa has vowed to protest the
construction of the new nuclear plant, saying it would infringe on the
environmental rights of present and future citizens of the country.

President Cyril Ramaphosa conveyed at the World Economic Forum in Davos,
Switzerland that the country’s economy indicates that South Africa cannot
afford to build a major nuclear plant. Perhaps the permit granted to Eskom
should be revisited.
https://www.iol.co.za/business-report/opinion/opinion-benefits-and-risks-of-a-nuclear-energy-programme-13601502

March 9, 2018 Posted by | politics, South Africa | Leave a comment

Britain’s Nuclear Decommissioning Authority (NDA) wasted tax-payers’money bigtime , in its failed contract with Cavendish Fluor

Nucnet 1st March 2018, The Nuclear Decommissioning Authority (NDA) completely failed in both the procurement and management of a contract to clean up the UK’s Magnox
nuclear reactor and research sites, a report by the Public Accounts
Committee says.

The report, released on 28 February 2018, says this
disrupted an important component of vital nuclear decommissioning work and
cost the taxpayer upwards of £122m (€137m, $167m). The £6.2bn contract
— one of the largest awarded by the UK government — was to dismantle 12
first-generation Magnox nuclear sites.

It was awarded to Cavendish Fluor Partnership, a joint venture between UK-based Babcock International and
Fluor of the US. The committee, which oversees government expenditure,
said: “The NDA ran an overly complex procurement process, resulting in it
awarding the contract to the wrong bidder, and subsequently settling legal
claims from a losing consortium to the tune of nearly £100m.”

The committee also said the NDA, a public body established in 2004 to oversee
the clean-up of the UK’s nuclear legacy, “drastically
under-estimated” the scale of the work needed to decommission the sites
at the time it let the contract – a failure which ultimately led to the
termination of the Magnox contract nine years early.

The NDA did not have sufficient capability to manage the procurement or the complex process of
resolving differences between what the contractor was told to expect on the
sites and what it actually found, the committee concluded.

The NDA will now  have to spend even more effort and money to find a suitable way of managing
these sites after the contract comes to an official end in September 2019,
the committee said. The NDA may have further wasted taxpayers’ money by
paying its previous contractor for work that was not done. The NDA cannot
fully account for £500m of the £2.2bn increase in the cost of the
contract between September 2014 and March 2017. In particular, it does not
know whether the £500m cost increase was due to its incorrect assumptions
about the state of the sites when it let the contract or underperformance
by the previous contractor.
https://www.nucnet.org/all-the-news/2018/03/01/accounts-committee-says-nda-completely-failed-with-6-2-billion-uk-magnox-contract

March 3, 2018 Posted by | business and costs, decommission reactor, politics, UK | Leave a comment

Zombie nuclear corporation AREVA arises from dead – as “Orano” , “Framatome”

 

As Nuclear Giant AREVA Reforms, Framatome Is Resurrected http://www.powermag.com/as-nuclear-giant-areva-reforms-framatome-is-resurrected/03/01/2018 | Sonal Patel   a POWER associate editor.

Reforging its core business to return to competitiveness after record losses of €4.83 billion in 2014, French nuclear firm AREVA has split its five operational business units and rebranded them—again. All its assets related to the design and manufacture of nuclear reactors and equipment, fuel design and supply, and services to existing reactors now fall under Framatome, which until January 4 was known as New NP. Operations related to the nuclear fuel cycle will be undertaken by Orano, which until January 23 was known as NewCo.

Creation of the AREVA group itself was an overhaul effort. The company was formed in 2001 with the merger of Framatome, Cogema, a nuclear business of German giant Siemens, and French propulsion and research reactor arm Technicatome. Framatome—short for Franco-Américaine de Constructions Atomiques—was created in 1958 by Schneider, Merlin Gerin, and Westinghouse Electric to exploit the emerging pressurized water reactor (PWR) market.

. By 1975, the company had become the sole manufacturer of nuclear power plants in France, equipping French state-owned utility EDF with 58 PWRs, and gradually taking on more projects overseas, building reactors like South Africa’s Koeberg, South Korea’s Ulchin, and China’s Daya Bay and Ling-Ao. In 1989, Framatome and Siemens created a joint company called Nuclear Power International to develop the EPR, a third-generation reactor that complied with both French and German nuclear regulations. The companies eventually merged in 2001, retiring the Framatome name and giving birth to AREVA.

One of the company’s most prominent contract wins came in 2003 from Finnish utility Teollisuuden Voima Oy (TVO) for construction of the world’s first EPR, Olkiluoto 3, in southern Finland. In 2007, AREVA also signed a contract with EDF for an EPR in Flamanville, France, and separately with Taishan Nuclear Power Co., a joint venture 70% held by China Guangdong Nuclear Power Holding Corp. and 30% by EDF. Two years later, Siemens withdrew its capital in Areva NP—AREVA’s specialized nuclear steam supply system arm—citing a “lack of exercising entrepreneurial influence within the joint venture” as the reason behind the move, and transferred its 34% stake to the AREVA group.

But plagued by delays and cost overruns at Olkiluoto 3 (Figure 3) and Flamanville 3, as well as at a research reactor construction project, and financially hemorrhaging from renewable energy contracts, AREVA’s finances began to fall into disarray, reaching record losses in 2014. In 2015, EDF moved to snap up between 51% and 75% of the troubled nuclear giant’s reactor business, encouraged by the French government’s attempts to address a rivalry between the two majority state-owned companies.

In November 2016, AREVA and EDF signed a contract conferring to EDF exclusive control of a new entity—New NP—that oversaw AREVA’s reactor design and equipment manufacturing, fuel design and assemblies manufacturing, and reactor services. Closure of the sale was completed in December 2017, and EDF became the majority owner (holding 75.5% of shares) of New NP, while Mitsubishi Heavy Industries took on 19.5%, and Paris-based international engineering firm Assystem held 5%.

Then in January 2018, the companies rebranded New NP, reviving the Framatome name in a move to harken to its celebrated legacy. Staffed by 14,000 employees worldwide, Framatome today has an “existing global fleet of some 440 reactors representing output of around 390 GWe in 31 countries, and with new nuclear capacity on its way, the nuclear market presents opportunities in the areas of components, fuel, retrofits and services,” the company noted in January.

The name’s luster has this year already been burnished by two significant developments for the company. On January 25, the French Nuclear Safety Authority (Autorité de Sûreté Nucléaire [ASN]) gave Framatome and EDF the green light to resume manufacture of forgings for the French nuclear fleet at its 2006-purchased Le Creusot site (Figure 4), which was taken offline following the French regulator’s 2015 discovery of an anomaly in the composition in certain zones of the Flamanville EPR pressure vessel head and bottom head. In 2016, a quality audit identified “irregularities” in paperwork on nearly 400 plant components produced at the forge since 1965. Preventative measures ordered by ASN stemming from that debacle in December 2016 shut down more than half of France’s reactor fleet, sending contract prices across Europe soaring.

Also, on January 25, Framatome finalized and launched Enfission, a 50-50 joint venture with Lightbridge Corp., to commercialize the U.S. fuel technology developer’s metallic fuel. Lightbridge says that the “seed-and-blanket” design can safely operate at increased power density compared to standard uranium oxide fuel. For Framatome, which provides next-generation fuel assembly designs to more than 100 of about 260 light water reactors around the world, the partnership will strengthen its position in the global fuel market.

As part of restructuring efforts in June 2016, meanwhile, AREVA also created a separate company focused on the nuclear cycle, which it called, simply, “New Company” (NewCo). On January 23, that company was renamed “Orano.” The name is derived from Ouranos, a Greek god who personifies the heavens and was father of the Titans, and who in Roman mythology became “Uranus.” In 1789, German chemist and mineralogist Martin Heinrich Klaproth named his newly discovered rare metallic element “uranium” for the planet Uranus, which had also been recently found.

For Orano, the name is important because it “symbolizes a new start,” said CEO Philippe Knoche in January. “We have big ambitions for Orano, namely for it to become the leader in the production and recycling of nuclear materials, waste management, and dismantling within the next ten years.” Knoche also said, however, that the company’s name is written in lower case because the prospect of rebuilding a profitable operation will be done “with humility.” For now, the company’s operations will bank on reprocessing and nuclear growth in Asia rather than investing in new mines, owing to low prices of uranium, which have slipped 80% over the last decade as the nuclear sector sees a general slowdown.

 

March 2, 2018 Posted by | business and costs, France, marketing of nuclear, politics, technology | Leave a comment

Damning report accuses UK government on the collapse of contract to clean up redundant fleet of Magnox nuclear reactors.

Telegraph 28th Feb 2018, The Government must share the blame for the bungling of a multi-billion
pound nuclear clean-up contract after failing to protect taxpayers from
spiraling costs, MPs have said.

In a damning report the Public Accounts Committee (PAC) accused the Government of being “culpable” in the
collapse of a contract to clean up Britain’s redundant fleet of Magnox
nuclear reactors. The Nuclear Decommissioning Authority’s £6.1bn deal was
aborted almost a year ago after it bungled how the 14 year contract was
awarded to the Cavendish Fluor Partnership (CFP) formed by Babcock and
Fluor.

The botched award led to a two year High Court legal battle which
effectively put taxpayers on the hook to pay £122m in compensation to
companies who bid for the Magnox work but failed to get it. The
committee’s report blamed the NDA for running “an overly complex
procurement process” which ultimately ended nine years early.

The NDA also drastically under-estimated the scale of the work needed to
decommission the sites at the time it awarded the contract, the report
said. The PAC said the debacle had caused “untold reputational damage” to
the NDA, but it added that the Government must share the blame for
approving the authority’s approach. Geoffrey Clifton-Brown, the
committee’s deputy chair, branded the contract “an appalling piece of
mismanagement and financial waste” which had cost the taxpayer over
£122m. The committee has asked the NDA to update MPs within three months
on its investigation into whether it overpaid its previous contractor and,
if so, how it planned to recover money.
https://www.telegraph.co.uk/business/2018/02/28/government-culpable-nuclear-clean-bungle/

March 2, 2018 Posted by | politics, secrets,lies and civil liberties, UK | Leave a comment

Jeremy Corbyn’s pledge to keep Britain in EU internal energy market (IEM) and in Euratom

Edie 27th Feb 2018, Jeremy Corbyn has pledged that Labour would keep Britain in the EU internal
energy market (IEM) and the Euratom nuclear co-operation treaty. In a
landmark speech setting out his party’s stance on the UK’s future
trading relationships following Brexit, the opposition leader said it was
in Britain’s interests to remain part of Euratom. He said: “We will
want to remain a part of agencies like Euratom, regulating nuclear
materials in energy and health sectors.” The Labour leader also used his
speech to signal Labour will seek continued UK membership of the IEM to
help support the development of the low carbon energy sector. He said
barrier-free trade of low carbon goods is necessary to underpin the growth
of the UK’s low carbon and renewable energy sectors.
https://www.edie.net/news/11/Labour-would-keep-Britain-in-EU-internal-energy-market/

March 2, 2018 Posted by | politics, UK | Leave a comment

Senator Ed Markey warns on danger in allowing Saudi Arabia to enrich uranium, reprocess spent nuclear fuel

US lawmaker concerned over nuclear overtures to Saudi  https://au.news.yahoo.com/world/a/39343667/us-lawmaker-concerned-over-nuclear-overtures-to-saudi/, 28 Feb 18, Washington (AFP) – An American legislator has expressed concern over the Trump administration’s efforts to sign a nuclear cooperation accord with Saudi Arabia, which is preparing to build several reactors.

Democratic Senator Ed Markey, of Massachusetts, says any deal is “almost certain” to require a non-proliferation accord, known as a “123 agreement,” of the type the United States has previously signed with South Korea and India, and which is designed to prevent the spread of nuclear weapons.

“Previous US efforts to conclude a 123 agreement with Saudi Arabia have been unsuccessful because of its long-standing refusal to commit to foregoing any uranium enrichment or spent-fuel reprocessing on its territory — the so-called… ‘gold standard’ for 123 agreements,” Markey, of the Senate Foreign Relations Committee, said in a letter to Secretary of State Rex Tillerson and Energy Secretary Rick Perry.

AFP on Tuesday obtained a copy of the letter, which is dated February 26.

Riyadh plans to announce at the beginning of March its short list of firms which will bid to build its nuclear reactors.

Besides the US company Westinghouse, Russian, French, Chinese and South Korean firms are in the running.

A nuclear accord between Riyadh and Washington would allow US corporations to export their nuclear technology to Saudi Arabia, while tensions are high surrounding the civil nuclear program of Riyadh’s regional rival Iran.

US President Donald Trump has threatened to tear up a 2015 global pact under which Iran — facing suspicions it was working towards a nuclear bomb — agreed to curb its nuclear program in exchange for a lifting of sanctions.

Both Washington and Riyadh have complained of Iran’s “destabilizing” acts in the Middle East.

Markey says Saudi Arabia’s “unwillingness” to commit to a “gold standard” 123 agreement “is particularly concerning in light of comments made by Saudi officials and members of the royal family suggesting that a nuclear program may be as much for geopolitical purposes as for electricity generation.”

According to several US media reports, Saudi Arabia’s Crown Prince Mohammed bin Salman — the main driver of a more aggressive regional push by the kingdom — is to visit the United States in early March to meet with Trump.

The visit has not been officially confirmed by either country.

Ties between the kingdom and Washington have strengthened since Trump assumed office early last year. His first official trip abroad was to Saudi Arabia, which is trying to diversify its oil-based economy and energy sources.

February 28, 2018 Posted by | politics, politics international, Saudi Arabia, USA | Leave a comment

YUCCA MOUNTAIN NRC sets meeting on licensing issues despite lack of funding

 https://www.eenews.net/greenwire/2018/02/26/stories/1060074789

February 27, 2018 Posted by | politics, USA, wastes | Leave a comment

Los Alamos Board of Public Utilities – doubtful about viability of Small Modular Nuclear Reactors (SMRs)

BPU has doubts about nuclear power project http://www.lamonitor.com/content/bpu-has-doubts-about-nuclear-power-project, By Tris DeRoma, February 26, 2018 

February 27, 2018 Posted by | politics, Small Modular Nuclear Reactors, USA | Leave a comment

Australia’s extreme right wing Senator promises $445 billions to South Australia, if it takes in the world’s radioactive trash

Cory Bernardi says a nuclear power dump could make us the ‘Saudi Arabia of the south’, news.com.au 26 Feb 18  CORY Bernardi is pushing to reignite a controversial development in South Australia, saying it could make the state the “Saudi Arabia of the south”.

LEADER of the Australian Conservatives party Cori Bernardi is pushing for a nuclear waste dump in South Australia, which he says will transform the state into the economic “Saudi Arabia of the south”.

Speaking at the party’s election launch in South Australia on Sunday, founder and federal Senator Cory Bernardi said he wanted to reopen the debate on an outback nuclear dump.

He called for changes to the law to allow for “all forms of energy production”, including nuclear power, urging authorities to “complete a full rigorous analysis” of the idea.

According to The Advertiser, he claimed the dump would generate up to $6.7 billion in gross state product, allow for $3 billion in annual taxes to be scrapped, and see the state reaping in $445 billion over the next century.

“Imagine that legacy for our children … to draw on in developing this state,” he said. “We would be an economic powerhouse. We would be the strongest state in the Commonwealth.”

Upper House candidate Robert Brokenshire said the party is “committed to looking at all types of energy production including nuclear energy to find the cheapest and most reliable form of energy”.

Labor Premier Jay Weatherill was quick to rule out the suggestion.

“That’s dead,” he said on Sunday. “Labor Party policy has been opposed to a nuclear waste facility in the past and there’s no prospect of changing that in the future.”

Mr Weatherill did not rule out pursuing a High Court case against the Turnbull government if a national nuclear waste dump was to be approved in South Australia, The Australian reported last month.

……..Earlier this month, the Australian Conservatives announced it will field 33 Lower House and two Upper House candidates at the state election on March 17. http://www.news.com.au/technology/environment/cory-bernardi-says-a-nuclear-power-dump-could-make-us-the-saudi-arabia-of-the-south/news-story/eb3f1ada5ed978646f53a2911f0e1c3d

February 27, 2018 Posted by | AUSTRALIA, politics, wastes | Leave a comment

To phase out Belgium’s nuclear power would cost no more than 15 euros per household annually 

The nuclear power phasing-out would only cost 15 euros per household annually http://www.brusselstimes.com/belgium/10408/the-nuclear-power-phasing-out-would-only-cost-15-euros-per-household-annually, Sarah Johansson  22 February 2018  The extra cost per household due to the phasing-out of nuclear power would amount to an average of 15 euros annually, explained the federal minister for Energy, Marie-Christine Marghem, in an interview given to the Libre Belgique.

At the end of last year, Flemish nationalists spoke publicly against the withdrawal of nuclear power endorsed by the Energy Pact project that was designed by the country’s four ministers for energy on the basis of the cost for households and companies. The Plan Office and Professor Johan Albrecht have been asked to evaluate the cost evolution of power in Belgium in the years to come, taking various scenarios into consideration.

The extra cost for households would come to 15 euros plus VAT as of 2025, the planned date for the phasing-out of nuclear power. It includes the producers’ investment in gas power plants, the price of gas necessary for the production of electricity, as well as the federal government’s subsidies for plants. This figure, however, does not take into account the cost of the plants’ dismantlement or the nuclear waste reprocessing, and it only covers the expenses which fall within the federal competence. The support cost for the sustainable, therefore, is not included.

For the companies, the situation will be “slightly more complicated,” according to the minister. Discounts to be discussed with partners of the majority could be granted to companies competing with foreign offers, she indicated.

 

February 24, 2018 Posted by | business and costs, EUROPE, politics | Leave a comment