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Nuclear News for December 31st 2008

 

Nuclear: Mickey Mouse energy solutionSome other stories from the nuclear industry you may have missed:

Top News: EdF - Brussels turns up the heat on French power giant

The European Union's executive on Monday turned up the heat on French power giant Electricite de France (EdF), confirming that it suspected the former monopoly of breaking EU competition rules. The European Commission has sent a "statement of objections" to the French-based company calling for clarification on the details of its contracts with industrial clients, a press release issued in Brussels said. The commission is concerned that such contracts may make it harder for industrial clients to switch to another provider and ban them from re-selling the electricity they buy, the press release said.

Bloomberg: RWE Gets Grid Accord for Planned Welsh Nuclear Plants

RWE AG's U.K. unit reached agreement with National Grid Plc to connect as many as three nuclear plants to the country's power network as it plans 10 billion pounds ($14.6 billion) of investment in new British generation capacity.

Forbes: US - NRG urges shareholders to reject Exelon offer
Power generator NRG Energy Inc. on Tuesday again told shareholders to reject utility Exelon Corp.'s $6 billion all-stock offer for the company because it is too cheap. In a letter to shareholders, NRG's president and chief executive, David Crane, and Chairman Howard Cosgrove said Exelon also continues to not provide adequate details on how it will finance the deal.

Bloomberg: China to Help India Design Power Plants as Domestic Orders Slow
China won contracts to design coal- fired power plants in India, Asia's third-biggest economy, as slowing domestic orders prompt companies to expand overseas. A venture by China's largest nuclear-power plant builders and a construction company in the eastern province of Shandong will design two generators of 1,980 megawatts each in India, the State-owned Assets Supervision and Administration Commission said today in a statement on its Web site.

Reuters: Areva unit seeks US permit for uranium enrichment

A unit of France's Areva Group on Tuesday applied to the U.S. Nuclear Regulatory Commission for permission to build a $2 billion uranium enrichment plant in Idaho, the company said. Areva Enrichment Services, based in Bethesda, Maryland, last May announced plans to build the Eagle Rock Enrichment Facility 18 miles from Idaho Falls.

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