United Kingdom

Nuclear Power


Exclusive: Westinghouse's clients gear up for bankruptcy fight - sources


The U.S. utilities that are clients of Toshiba Corp's nuclear power plant construction subsidiary, Westinghouse Electric Co LLC, have hired advisers to prepare for its potential bankruptcy, according to people familiar with the matter.


Toshiba's Westinghouse seeks U.S. bankruptcy financing - sources 20 Mar 2017

Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp , is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday.


Japan court rules government liable over Fukushima - media 17 Mar 2017

TOKYO A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the judiciary has ruled the state has liability, Japanese media reported.


Areva factory ill-equipped to make nuclear parts - French watchdog 16 Mar 2017

PARIS Creusot Forge, a supplier of nuclear plants around the world owned by France's Areva , is under investigation for making substandard parts and falsifying documents.

E.ON hedged some 2018, 2019 German nuclear output below market 15 Mar 2017

FRANKFURT German utility E.ON has sold parts of its German nuclear plant output at below market prices up to 2019, boding ill for earnings prospects in that segment, it showed in presentation slides ahead of a call with analysts on Wednesday.

Factbox - Life after memory chips: what's in the New Toshiba? 14 Mar 2017

SINGAPORE Japan's Toshiba Corp, presenting its plan to sustain the firm after a $6.3 billion writedown, identified a "Rebuilt Toshiba" as a maker of components and machinery that will exclude its once-core memory chips arm and problematic nuclear power business.


UK offshore wind power subsidies set to drop below nuclear - Siemens 10 Mar 2017

LONDON Subsidy costs for British offshore wind farms are likely to fall below that of new nuclear plants in next month's government auction, German firm Siemens' head of its British offshore wind turbines business told Reuters.


Exclusive - Toshiba's Westinghouse calls in U.S. bankruptcy lawyers - sources 09 Mar 2017

Westinghouse Electric Co LLC, the U.S. nuclear power plant developer owned by troubled Japanese electronics giant Toshiba Corp , has brought in bankruptcy attorneys from law firm Weil Gotshal & Manges LLP, people familiar with the matter said on Wednesday.


Jailhouse shock - Taiwan prison aims to jump-start island's solar power dream 08 Mar 2017

PINGTUNG, Taiwan On Pingtung jail's sunlit roof, prisoner no. 24 has a view of a brighter future. Ex-cop Chen, serving time for bribery, is learning how to install solar panels in a program that's part of Taiwan's shimmering vision of a future without nuclear power.

China fines nuclear component manufacturer over safety breaches 22 Feb 2017

BEIJING China has fined a manufacturer of components used in nuclear power plants for safety breaches at two facilities, the environment ministry said.