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Nuclear Power


EDF targets positive cash flow ahead of French, UK nuclear projects


PARIS French utility EDF pledged on Tuesday to deliver positive cash flow next year before it has to invest in upgrading its ageing French nuclear plants and building new reactors in Britain.


Moorside nuclear project in doubt after Toshiba writedown 14 Feb 2017

LONDON The future of Britain's new Moorside nuclear plant was thrown into doubt on Tuesday after Japan's Toshiba Corp , which is developing the project with France's Engie , said it planned to pull out of the construction work.


Fire at French nuclear power plant takes reactor off grid, operator says no associated nuclear risk 09 Feb 2017

PARIS A fire caused an explosion at the Flamanville nuclear power plant in northwest France on Thursday, leading the operator EDF to take a reactor offline, but there was no risk to the reactor, EDF and a local official said on Thursday. | Video


Battered Toshiba seeks exit from UK, India in nuclear retreat - sources 03 Feb 2017

LONDON/TOKYO Toshiba Corp plans to withdraw from its lead role in projects to build nuclear plants in Britain and India, sources with direct knowledge of the matter said, marking a retreat as it wrestles with an imminent multi-billion dollar writedown.


Tepco spots possible nuclear fuel debris at Japan's Fukushima reactor 30 Jan 2017

TOKYO Tokyo Electric Power (Tepco), the operator of Japan's wrecked Fukushima nuclear plant, said on Monday it may have found nuclear fuel debris below the damaged No. 2 reactor, one of three that had meltdowns in the 2011 disaster.


Toshiba chair ready to resign over Westinghouse writedowns - Nikkei 28 Jan 2017

TOKYO Toshiba Corp Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns looming over the Japanese group's U.S. nuclear power unit Westinghouse Electric Co LLC, the Nikkei business daily reported.

Britain plan to leave Euratom could delay new nuclear build 27 Jan 2017

LONDON British plans to leave the European Atomic Energy Community (Euratom) when it exits the European Union could raise costs, delay new nuclear power projects and complicate research and international cooperation agreements, experts said on Friday.


EDF board approves state compensation for nuclear plant closure 24 Jan 2017

PARIS The board of French state-controlled utility EDF has approved the government's plan to compensate it for the planned closure of the Fessenheim nuclear plant, against which trade unions have protested over fears of possible job losses.


Thousands of Fukushima evacuees face hardship as subsidies to be slashed 17 Jan 2017

TOKYO Nearly six years after Noriko Matsumoto and her children fled Japan's Fukushima region, fearing for their health after the worst nuclear disaster since Chernobyl, they confront a new potential hardship - the slashing of vital housing subsidies.


Exclusive - Tepco, investors discussing first bond sale since Fukushima -sources 27 Dec 2016

TOKYO Tokyo Electric Power (Tepco) is gauging demand for its first bond offering since the 2011 Fukushima nuclear calamity, with some market participants expecting a sale as early as February, people familiar with the plans said.