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AREVA scrambles to sell nuclear technology to China

 

Areva Looks To China As France Rethinks Nuclear Power By Francois de Beaupuy and Caroline Connan – Jul 7, 2012 Areva SA (AREVA) Chief Executive Officer Luc Oursel is seeking fresh talks to sell nuclear reactors to China , halted in the wake of last year’s nuclear accident in Japan  and amid questions about the new French government’s energy stance. …. Continue reading →

July 9, 2012 Posted by | business and costs, France | Leave a comment

AREVA and others scramble to sell nuclear technology to Britain

Areva confirms joint bid with China’s CGNPC for UK’s Horizon AIX-EN-PROVENCE, France, July 7 | Sat Jul 7, 2012 (Reuters) – French nuclear group Areva will make a joint bid with China Guangdong Nuclear Power Corporation Holding (CGNPC) for the UK’s 6-gigawatt Horizon project, its chief executive Luc Oursel said on Saturday.

“We will participate in the British government’s plan to make this project a reality, and we will probably do it with Chinese power companies and other players,” Oursel said on the sidelines of a conference in Aix-en-Provence, southern France. “Probably by the end of the year, the sellers will make public their choice for the team that will take over the project,” Oursel told
reporters.

Reuters reported on June 18 that Westinghouse teamed up with SNPTC to make a bid, while Areva picked China Guangdong to put forward a bid…. http://www.reuters.com/article/2012/07/07/areva-horizon-idUSL6E8I72CS20120707

July 9, 2012 Posted by | business and costs, France, UK | Leave a comment

Serious safety problems found in 8 of France’s nuclear reactors

This failure raises even more questions in risk facilities, such as the plant of Areva LaHague whose pools contain the equivalent of 130 cores of nuclear power plants …

Severe abnormalities detected on fuel pools of eight French reactors http://energie-climat.greenpeace.fr/graves-anomalies-detectees-sur-les-piscines-de-combustibles-de-8-reacteurs-francais   Greenpeace France 29 June 12 Network “power without atoms” received and analyzed internal documents released today to EDF and IRSN  who report anomalies on fuel pools of nuclear reactors Paluel, Flamanville and St. Alban. Abnormalities that could have serious consequences in case of earthquake. Continue reading →

June 30, 2012 Posted by | France, safety | Leave a comment

France’s nuclear company EDF must meet deadline and spend $12 billion on safety measures

EDF Gets Six Years to Carry Out $12 Billion Safety Measures, Bloomberg News By Tara Patel on June 28, 2012   Electricite de France SA, operator of the country’s 58 nuclear reactors, has six years to complete about 10 billion euros ($12 billion) of measures to boost safety after Japan’s Fukushima disaster, the regulator said.

Autorite de Surete Nucleaire today published deadlines for employing equipment such as diesel generators, bunkered control rooms, and guards against flooding.

An estimate by state-owned EDF that the measures will cost about 10 billion euros “is not improbable,” Andre-Claude Lacoste, head of the watchdog, told reporters today.,,,, EDF was told today to install “core” safety equipment and procedures at every plant to cope with extreme situations. Emergency diesel generators for backup power have to be deployed between 2016 and the end of 2018 and rapid response teams with specialized equipment by the end of 2014. EDF also has to have bunker-like control rooms….. http://www.businessweek.com/news/2012-06-28/edf-gets-six-years-to-carry-out-12-billion-of-safety-measures

June 29, 2012 Posted by | France, safety | Leave a comment

French company GDF Suez moving away from nuclear industry

Ambitions to own and operate new nuclear plants by 2020 and play a role in countries like Brazil and the United States have so far come to nothing. Challenges on GDF Suez’s two home fronts, France and Belgium, are making it even harder.

GDF Suez’s nuclear business seen moving backstage by Caroline Jacobs and Benjamin Mallet PARIS, June 26 (Reuters) – GDF Suez is expected to significantly trim its 47-year old nuclear business now that its only showroom, Belgium, is gradually wrapping up its reliance on the energy form and with nuclear prospects in the French utility’s home market dimming. Continue reading →

June 29, 2012 Posted by | business and costs, France | Leave a comment

France’s 3 nuclear agencies must present safety plans by June 30

French Nuclear Safety Body Imposes Security Works On Industry Fox News By Hugo Passarello June 28, 2012 Nuclear energy industry players in France will have to carry out “considerable” work to strengthen security at nuclear facilities, including sizeable investments in human resources and technical skills, said a report by France’s independent nuclearsafety regulator Thursday.
In a statement, the Autorite de Surete Nucleaire, or ASN, announced 32 decisions, including measures relating to Electricite de France’s SA (EDF.FR) nuclear power stations, French nuclear engineering company Areva’s SA (AREVA.FR) installations, and reactors of the French atomic agency, known as the CEA.
As part of the measures, all nuclear sites will have to have “hard-core” compounds which provide robust premises to be used in event of an serious incident.
The three nuclear players are required to present on June 30 the details of materials needed and deadlines for the compounds, said the ASN.
http://www.foxbusiness.com/news/2012/06/28/french-nuclear-safety-body-imposes-security-works-on-industry/#ixzz1zDlPR48Q

June 29, 2012 Posted by | France, safety | Leave a comment

AREVA nuclear power company is in trouble

This renaissance is just a fairy tale, THE HINDU, 15 June 12, “…….In India, In Kalpakkam, , the Prototype Fast Breeder Reactor was slotted to contribute to the grid in March 2012. In 2005, Baldev Raj, Director of the Indira Gandhi Centre for Atomic Research, Kalpakkam, boasted that the 500 MW unit will be completed in 2010, 18 months before schedule.

Till date, there is no sign of this happening. The Kudankulam plant, which is now 23 years old since conception, lost only eight months due to protestors. In Jaitapur too, the government has more to worry about than local protestors.

Areva, the technology supplier, is in trouble. Last year, it announced losses of €1.6 billion, and the sacking of 1,200 workers in Germany. Last June, it decided to suspend production at a Virginia reactor component plant due to declining market prospects. Its expansion plans in France, the United Kingdom, and the U.S. may never materialise. Areva expected to sell 50 nuclear reactors this decade. It has not received a single order since 2007.

Now, with a socialist president at the helm in France, Areva’s future looks even more uncertain. French President François Hollande had promised voters a reduction in nuclear dependence from 75 to 50 per cent, and shutdown of an aging reactor in Fessenheim. Whether or not he carries through with these promises, it appears certain that no new
plants will be built or planned during his term.

Both conservative-led Germany and socialist France will make up the shortfall from the
nuclear phase-out, by investing in renewables for electricity and new jobs. In replacing nuclear with renewables, these nations are declaring that despite its carbon dividend, nuclear is too risky — financially, politically and environmentally — to pursue.
http://www.thehindu.com/opinion/op-ed/article3528968.ece

June 18, 2012 Posted by | business and costs, France, Reference | Leave a comment

Nuclear companies compete desperately for sales, prices offered below costs!

French Nuclear Watchdog Says Orders Won At Too-Low Prices Bloomberg, By Francois de Beaupuy – Jun 6, 2012  Nuclear-reactor makers are offering prices too low to cover costs to win orders abroad in a strategy that puts earnings at risk, the head of the industry’s watchdog in France said. “Export contracts for nuclear plants are being obtained at pure dumping-level prices,” Andre-Claude Lacoste, head of the Autorite de Surete Nucleaire regulator, said today at a conference organized by L’Usine Nouvelle magazine in Paris.

“Prices accepted by vendors and obtained by buyers are unsustainable,” Lacoste said. “There aren’t many tenders, which is why competitors are ripping each other off. It’s already a serious matter, and we need to make sure that there’s no dumping on safety on top of that.”
Areva SA (AREVA), the world’s largest provider of nuclear equipment and services, has booked more than 2.8 billion euros ($3.5 billion) of costs since 2005 because of delays and cost overruns at an atomic plant it’s building in Finland. The Paris-based company and General Electric Co. (GE) were beaten in 2009 on a four- reactor order in the United Arab Emirates by Korea Electric Power Corp. (KEP) in the Seoul-based company’s first export contract……. Areva is preparing
bids or in talks to sell reactors in countries including China, India, the U.K., the Czech Republic and Poland. In Finland, Areva faces GE Hitachi Nuclear Energy, Korea Hydro & Nuclear Power Co., Mitsubishi Heavy Industries Ltd. (7011) and Toshiba Corp. (6502) in a tender next year.  http://www.bloomberg.com/news/2012-06-06/french-nuclear-watchdog-says-orders-won-at-too-low-prices.html

June 7, 2012 Posted by | business and costs, France | Leave a comment

France’s nuclear dilemma – costs of shutting aged reactors

Nuclear Europe: a dream unwinding, China Dialogue, Steve Thomas June 06, 2012“…… the real challenge – regardless of whether Hollande or Sarkozy had won the election – was always going to be what to do about France’s existing plants when they reach the end of their lives. Under present plans, these ageing reactors will be retired at a rate of five to six per year from 2017 onwards. The cheaper option for the country’s power giant EDF would be to do as the Americans and extend the plants’ lifespans from 40 to 60 years, though thanks to post-Fukushima regulatory requirements that existing plants be made more robust for “extreme situations” this is not such a cheap option as it once was.

Such a move would also likely sound the death knell for Areva’s problematic European Pressurised Reactor (EPR), the design causing huge delays and cost overruns at Olkiluoto in Finland and Flamanville in France. Both projects are running four years or more late and about 100% over budget. Without new French orders from Areva – a French company – the design would lose all credibility.

On the other hand, if France takes the route of replacing old reactors with EPRs, assuming problems around cost, licensing and construction can be solved, and the EPR remains a viable option, then the cost to EDF of replacing old capacity would be astronomical – far higher than first time around. It is doubtful that France could sustain the logistical and financial challenge of ordering and building four or five EPRs a year for a decade. It would also have to start paying huge sums for decommissioning existing reactors. That leaves France facing some tough choices…. http://www.chinadialogue.net/article/show/single/en/4956

June 7, 2012 Posted by | business and costs, decommission reactor, France | Leave a comment

AREVA looks to China to save its nuclear export industry

Areva sets nuclear sights on China http://www.brecorder.com/fuel-a energy/193/1196628/ JUNE 04, 2012 RECORDER REPORT   French nuclear group Areva said it is prepared to put its mid-sized Atmea1 reactor into direct competition with a future Franco-Chinese reactor it hopes to help develop in an effort to sweep into China’s booming electricity market.

The head of Areva’s reactors and services division told Reuters it expects to know this year if it has a role to play in the construction of a 1,000 megawatt (MW) third-generation reactor alongside China Guangdong Nuclear Power Holding Co (CGNPC) and French utility EDF. That reactor would compete with the 1,100 MW Atmea1 pressurised water reactor (PWR) that Areva and Japan’s Mitsubishi Heavy Industries (MHI) have developed through their Atmea joint venture.

“If the new product or the development of the product corresponds to a clear opening of the Chinese market, to important industrial returns for us and with the support of EDF and CGNPC, I have no qualms about cannibalising Atmea1, and neither does MHI,” Claude Jaouen said in an interview.

The Franco-Chinese project is in a preliminary phase with EDF, CGNPC and Areva, in agreement with MHI, looking to see to what extent the reactor can resemble Atmea1 and at what cost.

Under France’s previous government, the Nuclear Policy Council last year decided to forge a partnership with China to build a new type of nuclear reactor, widening France’s nuclear range with a cheaper and smaller model than the 1,600 MW EPR reactor, which has suffered from cost overruns and delays.

June 6, 2012 Posted by | business and costs, France | Leave a comment

Nuclear physicist plotted terrorist attack

Nuclear researcher sentenced in France for plotting attack  (Reuters) 4 May 12, – A Paris court sentenced a Franco-Algerian nuclear physicist to five years in prison on Friday on charges of helping to plot an attack in France in 2009 with an al Qaeda militant in Algeria.

Adlene Hicheur, 35, a former researcher at the prestigious CERN physics lab in Geneva, was found guilty of providing logistical advice to Mustapha Debchi, a militant for al Qaeda in the Islamic Maghreb (AQIM), using encrypted messages sent via the Internet.

Hicheur said he had been charged over his opinions rather than his acts, but prosecutors called him a “technical attack adviser” and said he had provided Debchi with a terrorist manual….. http://www.reuters.com/article/2012/05/04/us-france-crime-idUSBRE8431CK20120504

May 5, 2012 Posted by | France, safety, secrets,lies and civil liberties | Leave a comment

Paragliding into a French nuclear power plant!

http://www.reuters.com/article/2012/05/02/france-nuclear-greenpeace-idUSL5E8G2F0C20120502

* Greenpeace enters nuclear site, drops smoke flare

* Intrusion just days before presidential runoff

* France’s high use of nuclear is issue in campaign

* Man entered Civaux plant’s security zone (Adds separate intrusion, details)

PARIS, May 2 (Reuters) – A Greenpeace activist dropped a smoke flare as he flew over a French nuclear reactor on a paraglider on Wednesday, seeking to draw attention to what green activists call gaps in nuclear security four days before a presidential election runoff. The plant’s owner, EDF, confirmed an engine-powered paraglider had landed within its Bugey nuclear site in southeastern France.  [ note – there’s  a  brief video of this flight at: http://usnews.msnbc.msn.com/_news/2012/05/02/11504375-greenpeace-bombs-french-nuclear-reactor-could-it-happen-in-us?lite ]

The pilot flew over the plant and threw a red-smoke flare on the roof of a building before landing, television images showed.  Continue reading →

May 3, 2012 Posted by | France, safety | Leave a comment

Losses and falling demand for uranium – AREVA to sell off nuclear radiation measurement unit

Areva Said to Commence Sale of Nuclear Unit Canberra , Bloomberg, By Anne-Sylvaine Chassany and Francois de Beaupuy – May 2, Areva , the largest nuclear reactor maker, has started a process to sell its nuclear radiation measurement unit Canberra, three people with knowledge of the plans said.
The state-controlled company based in Paris sent financial information to potential bidders for the asset, which may fetch as much as 400 million euros ($526 million), said the people, who declined to be identified as the talks are private. Canberra posted earnings before
interest, taxes, depreciation and amortization of about 30 million euros, they said.

Areva Chief Executive Officer Luc Oursel, who took over from Anne Lauvergeon in June, plans to sell at least 1.2 billion euros of non-strategic assets by the end of 2013 to shore up a balance sheet that’s been impaired by the acquisition of uranium mines in Africa, losses at a nuclear reactor under construction in Finland and falling demand for nuclear fuel following last year’s accident at an atomic plant in Japan…. http://www.bloomberg.com/news/2012-05-02/areva-said-to-commence-sale-of-nuclear-unit-canberra.html

May 3, 2012 Posted by | business and costs, France | Leave a comment

French Presidential candidate to support Pacific Islanders where atom bombs were tested

Hollande vows more transparency over nuclear tests in French Polynesia http://www.rnzi.com/pages/news.php?op=read&id=67463 Radio New Zealand,  12 April, 2012  The Socialist candidate for the French presidency, Francois Hollande, has promised French Polynesians that he would go to the bottom of the issue of the aftermath of the nuclear weapons tests.
In a video message to launch the formal campaign, he says what has been done in the past five years is not worthy, and not up to the expectations in terms of the impact the tests had.
Mr Hollande has promised greater transparency, and also endorses the initiative by French Polynesia’s member of the French Senate, Richard Tuheiava, for Paris to return the two test atolls.

Moruroa and Fangataufa were ceded to France at no cost in 1964 to allow its military to begin atmospheric and then underground nuclear tests. Although France recognised two years ago that its tests were not clean, the compensation law drawn up since has been widely criticise

April 14, 2012 Posted by | France, OCEANIA, politics | Leave a comment

Nuclear election issue in France: former AREVA chief exposed Sarkozy’s manipulations

“Atomic Anne” tries to nuke France’s Sarkozy, Apr 11, 2012   * Ex-CEO says Sarkozy tried to sell reactor to Gaddafi * Government says Lauvergeon’s account is “fiction” * Socialists question EDF boss’ future By Paul Taylor, PARIS, April 11 (Reuters) – Nuclear warfare has broken out between France’s two main political parties 11 days before the first round of a presidential election, with a woman known as “Atomic Anne” launching a strike on President Nicolas Sarkozy. Continue reading →

April 12, 2012 Posted by | France, politics | Leave a comment

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