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Illicit uranium trade suspected in Finnish factory

many inconsistencies which seem to point to the existence of illegal trade in uranium, according to the cable. However, the cable stresses that most evidence is circumstantial and inconclusive……

Wikileaks: Finnish Factory Suspected of Illicit Uranium Trade YLE Uutiset , 22 Dec 10, The whistleblowing website Wikileaks has published a cable by the US embassy in the Democratic Republic of Congo (DRC) implicating Finland-based OMG Kokkola Chemicals in uranium trafficking.The cable details the operations of the Belgian-owned Malta Forest Company, from which OMG Kokkola Chemicals would later buy raw materials. Continue reading

December 22, 2010 Posted by | Finland, secrets,lies and civil liberties, Wikileaks | Leave a comment

Finland move to ban uranium recovery as by-product

Greens would ban by-product uranium recovery, Helsinki Times, 1 Nov 10 The Green League said in a statement Sunday that the recovery of uranium as a by-product of other mining operations should be banned.The party management added that uranium recovery would be an environmental hazard and as such would endanger the reputation of Lapland and Kainuu as holiday destinations.Talvivaara, a company that runs a nickel mine in Sotkamo, is mulling commencing uranium recovery. Greens would ban by-product uranium recovery

November 2, 2010 Posted by | Finland, politics, Uranium | , , , | Leave a comment

Uranium mining is damaging to tourism industry

a few years of mining operations are not worth ruining the reputations of Kainuu and Lapland as travel destinations.

Greens Want Uranium Mining Ban YLE Uutiset | yle.fi, 31 Oct 10, The Green League’s party council is calling for a ban on uranium mining in Finland. According to the Greens, uranium mining operations have got into the country “through the back door” and they are ruining the country’s reputation as a travel destination, especially in the north. Continue reading

November 1, 2010 Posted by | business and costs, Finland, Uranium | , , , | Leave a comment

Finland’s 100,000-Year Plan to Banish Its Nuclear Waste

There are somewhere between 250,000 and 300,000 tons of high-level radioactive waste already in the world, much of it in pools on the sites of nuclear power plants where the rods have to cool for years before they can be put into containers.

Films on ScienceFinland’s 100,000-Year Plan to Banish Its Nuclear Waste  –  NYTimes.com, 11  May 2010, Continue reading

May 11, 2010 Posted by | Finland, wastes | , , , , , , , | Leave a comment

A futuristic film studies nuclear wastes

Film –  Tribeca Review: Into Eternity, Cinematical, by Christopher Campbell Apr 29th 2010 What will the inhabitants of Earth be like over the next 100,000 years? Will they even be human, or some other civilization of animal or alien being? These questions are at the heart of Into Eternity, a beautiful and extremely fascinating Danish documentary about ONKALO, the ambitious nuclear waste repository near Olkiluoto, Finaland, which will bury thousands of tons of spent uranium from a local power plant in an extensive underground tunnel system…..In an eerie narration, Madsen addresses future viewers, whether or not they will understand his English-spoken warnings and questions, urging them not to curiously venture into the tunnels as if it were an archaeological find, like the Egyptian pyramids.

Tribeca Review: Into Eternity – Cinematical

April 30, 2010 Posted by | Finland, wastes | , , , , , | Leave a comment

Finland to add new renewable energy

“This addition of renewable energy is equivalent in scale to three big nuclear power plants.”

Finland Announces Plans to Use More Renewable Energy Greenfudge.org,  by Arkisaeo, 23 Apr 2010 Finland announced plans to step up and meet EU requirements on cutting greenhouse gas emissions this week.The EU requirement is to raise the share of renewable energy to 38% of energy consumption by 2020. In order to meet this goal, Finland must raise renewable energy production by 38 terawatt hours. How do they plan to reach this goal?…… Finland also plans on adding wood-based and wind energy systems, plus increasing the use of biofuels and heat pumps. Continue reading

April 24, 2010 Posted by | Finland, renewable | , , , | Leave a comment

Finland govt wants renewable energy boost, not new nuclear plants

Minister: Finland does not need new nuclear plants, Google News hosting, (AFP) –  20 April 2010, HELSINKI — Finland does not need three new nuclear plants to secure its future energy needs, the minister who is preparing a government proposal on the subject said in an interview published on Monday. Continue reading

April 20, 2010 Posted by | Finland, politics | , , , , | Leave a comment

Olkiluoto nuclear plant – a shining example of folly of nuclear costs

ENERGY: Nuclear Does Not Make Economic Sense Say Studies Australia.to 14 February 2010   by Julio Godoy
“…….Actually, there is a new nuclear power plant that serves as a warning example of the risks involved in such a project: the nuclear power plant of Olkiluoto 3 in Finland, under construction since 2004.

Although the plant was supposed to have started delivering electricity in May 2009, its completion was postponed several times in the past two years. Continue reading

February 15, 2010 Posted by | business and costs, Finland | , , , , | 1 Comment

Ship board anti-nuclear protest

Greenpeace boards reactor equipment ship( Google News AFP) – 17 Nov 09 COPENHAGEN — Six Greenpeace activists Monday boarded a ship carrying French-made steam turbines bound for a new nuclear power station in Finland, Continue reading

November 18, 2009 Posted by | 1, Finland, politics | , , , , , | Leave a comment

The myth of France’s ‘nuclear solution’ to climate change

French Nuclear Madness won’t save the climate Baltic Sea, 7th Space  International 16 Nov 09 — Today six activists from the Greenpeace ship Arctic Sunrise boarded the cargo ship Happy Ranger in the Fehmarn Belt between Denmark and Germany. The activists are carrying banners reading “Nuclear Madness, made in France”. Continue reading

November 16, 2009 Posted by | 1, Finland, spinbuster | , , , , , | Leave a comment

Olkiluoto III nuclear plant delayed indefinitely

Date of completion for Olkiluoto III nuclear plant still anybody’s guess HELSINGIN SANOMAT 20 Oct 09
– “……….yet another delay in the construction of the third nuclear facility in the Olkiluoto site.
This latest announcement moves once again the completion date for the Olkiluoto III project to the unforeseen future. Continue reading

October 20, 2009 Posted by | 1, business and costs, Finland | , , , , , , , | Leave a comment

“New generation” nuclear renaissance is just not happening

Problems Plague Launch of ‘Safer’ Next-Generation Reactors

SPIEGEL ONLINE By Dinah Deckstein, Frank Dohmen and Cordula Meyer Translated from the German by Christopher Sultan. 15 Oct 09

The executives of electric utilities worldwide are dreaming of a renaissance in nuclear power. But problems with a new, state-of-the-art reactor in Finland suggest that this is unlikely to happen. The industry’s alternative strategy is to modernize older plants to drastically extend reactor lifetimes. Continue reading

October 16, 2009 Posted by | business and costs, Finland | , , , , , , | Leave a comment

AREVA threatening Finland’s TVO company over nuclear reactor fiasco

The Nukes of (legal) Hazard: Areva threatens work stoppage at Finnish nuke
Climate progress 1 Sept 09
Escalating a dispute between the companies as to who is to blame for the schedule slippage, Areva said Monday it will not proceed with work on the delayed Olkiluoto nuclear reactor project in Finland until Finnish utility TVO makes unspecified changes to the project.Areva, the French government-owned nuclear giant, made that disclosure in a financial statement for the first half of 2009.

Ouch.  That is from Energy Daily (subs. req’d).  The Financial Times story begins:

The financial risks of nuclear power were cast into sharp relief on Monday as Areva, the French state-owned group, revealed new provisions on its troubled Finnish reactor project that virtually wiped out interim operating profits.

Double ouch!

The ongoing saga between Areva and Finland is now more like an episode of Desperate Housewives than a sitcom,

The Nukes of (legal) Hazard, Episode 5: Areva threatens work stoppage at Finnish nuke « Climate Progress

September 5, 2009 Posted by | 1, business and costs, Finland | , , , | Leave a comment

Finland’s nuclear plant: more delays, cost overruns

More Delays at Finnish Nuclear Plant
The New York Times. September 2, 2009, By James Kanter
AREVA a French nuclear construction company, said this week that its project to build the world’s most powerful reactor remained mired in delays and was over-budget by 2.3 billion euros, or about $3.3 billion.

The price tag of the plant in Olkiluoto, Finland — the first of a fleet of so-called evolutionary power reactors that Areva foresees building in coming years — was about $4.3 billion in 2003 and costs have steadily increased.

The reactor was meant to have gone online early this summer but Areva no longer is committing to any dates for its completion. Patrice Lambert de Diesbach, an energy analyst with CM-CIC Securities in Paris, said the latest developments were “bad news” for Areva and “should be sanctioned by the market.”

The problems faced by Areva are important a time when the nuclear power industry is promising to build safer and more reliable reactors than during the last building boom in the 1960s and early 1970s. …………………………

So far there are few signs of a breakthrough in Finland.

Areva said this week that it would not begin work on the final stages of the reactor until the Finnish utility agreed to a new set of proposals and modifications.

More Delays at Finnish Nuclear Plant – Green Inc. Blog – NYTimes.com

September 3, 2009 Posted by | 1, business and costs, Finland | , , , , , | Leave a comment

AREVA going to court over Finland nuclear reactor runaway costs

areva-medusa1Areva’s half-year results yesterday night brought  new information about the Olkiluoto-3 EPR nuclear fiasco:

– The cost-overrun is now estimated at 2.3 billion EUR, while the original price offered to decision makers back in 2002 was 2.5 billion, and price contracted in 2005 was 3.2 billion EUR. The estimated final cost at the moment thus reached 5.5 billion EUR! (And there is still long way to go, with construction only half-way through!)

– Areva is taking its Finnish customer, TVO, to arbitrary court to claim those additional costs from them, although it was a fixed price, turn-key contract (a good lesson for future Areva customers about its habits).

– Areva now even threats to suspend construction works until TVO agrees to modified contracts.
Their original press package that inludes recorded audio and detailed presentation (58 slides) can be found here:
http://www.areva.com/servlet/finance-en.html

September 2, 2009 Posted by | business and costs, Finland | , , , , , | Leave a comment