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Top related persons:
Korea’s - 1 CEZ - 1 Petr Fiala - 1
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PRAGUE Czech Ukraine Czech Republic Dukovany Austria Germany Central Europe
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U.S - 1 Westinghouse - 1 France’s EdF - 1 Union - 1 Westinghouse Electric Co - 1

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5 mentions found


☆ 3 Energy Companies Compete to Build a New Nuclear Reactor in the Czech Republic
  + stars: | 2023-10-31 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +2 min
The winner of the lucrative contract will then have an option to build three more nuclear reactors in the country. Last year, the Czech government excluded Russia’s energy giant Rosatom and China’s CNG from the tender process on security grounds. Political Cartoons View All 1227 ImagesPrime Minister Petr Fiala said Russian participation in the project, which is critical for the Czech Republic's energy security, was “unimaginable” following the Kremlin’s invasion of Ukraine. The Czech Republic already relies on six nuclear reactors to generate more than a third of its total electricity. In a separate deal, CEZ had signed a deal with U.S. energy giant Westinghouse Electric Co. to supply nuclear fuel for the Dukovany nuclear plant, eliminating dependence on Russia for such fuel.
Persons: Korea’s, CEZ, Petr Fiala Organizations: U.S, Westinghouse, France’s EdF, Union, Westinghouse Electric Co Locations: PRAGUE, Czech, Ukraine, Czech Republic, Dukovany, Austria, Germany, Central Europe, Slovakia, Hungary, Poland, Russia
☆ France’s EDF Lost $19 Billion After Nuclear Outages
  + stars: | 2023-02-17 | by ( Matthew Dalton | ) www.wsj.com   time to read: 1 min
EDF’s nuclear reactors normally export large amounts of electricity across Western Europe. PARIS— EDF SA lost around $19 billion last year after outages at its nuclear reactors left the state-controlled power company—and much of Western Europe—more exposed to the energy crisis sparked by the war in Ukraine. Pipe corrosion found at around 10 of EDF’s 56 nuclear reactors led it to shut down more than half of them over the summer. As a result, EDF was forced to buy electricity on Europe’s wholesale power market, where prices had soared because of Russia’s decision to cut shipments of natural gas to the continent.
☆ UK raises its windfall tax on energy companies and bets on nuclear power
  + stars: | 2022-11-17 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +3 min
It is also investing in nuclear power for the first time in decades. Together, these measures will raise £14 billion ($16.5 billion) next year and more than £55 billion ($65 billion) between 2022 and 2028. “I have no objection to windfall taxes if they are genuinely about windfall profits caused by unexpected increases in energy prices,” Hunt said in parliament on Thursday. The UK's Sizewell B nuclear power station, which is operated by France's EDF. Chris Radburn/AFP/Getty ImagesAs well as hiking energy taxes, Hunt affirmed a £700 million ($824 million) investment into Sizewell C, a nuclear power station operated by France’s EDF in the east of England.
☆ France’s EDF Warns of Lower Output Across Nuclear Fleet
  + stars: | 2022-11-04 | by ( Nick Kostov | ) www.wsj.com   time to read: 1 min
PARIS— EDF SA warned of lower power generation this year across its nuclear reactors in France, dealing a setback to the country’s efforts to ride out Europe’s energy crisis amid a spell of unseasonably warm weather. EDF, the world’s largest owner of nuclear plants, said its French fleet of reactors are expected to produce between 275 and 285 terawatt-hours of energy in 2022, compared with a previous estimate of between 280 and 300 terawatt-hours.
☆ EDF to review case for keeping open UK nuclear plants set to close in 2024
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Sept 28 (Reuters) - France’s EDF will review whether there is a case to keep open the Hartlepool and Heysham 1 nuclear power plants in Britain beyond their current expected closure date in 2024, the company said on Wednesday. EDF, which operates all of Britain’s eight nuclear power plants providing around 13% of the country’s electricity, said it would invest 1 billion pounds ($1.1 billion) over 2023-25 to help the UK plants maintain output. Register now for FREE unlimited access to Reuters.com RegisterAll but one of Britain's nuclear plants are scheduled to close by 2030, and EDF’s Hinkley Point C, the first new plant in more than 20 years, is expected to come online in 2026. EDF said the review would be made in the coming months and that its ambition was for the two plants to generate power for longer if possible. ($1 = 0.9410 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Susanna Twidale Editing by Louise Heavens and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
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