LONDON Britain's deal with EDF to build the Hinkley Point C nuclear plant is risky and could lead to requests for more cash and electricity payment top-ups worth 30 billion pounds, a parliamentary watchdog said on Friday.
ESTORIL, Portugal The head of one of Britain's top utilities said on Monday that EDF's planned nuclear power station at Hinkley Point is likely to be the only one to go ahead in the UK.
SEOUL South Korea's oldest nuclear reactor, the 40-year-old Kori No. 1, will halt operations at midnight on Sunday, becoming the country's first nuclear plant to close permanently amid plans for a shift towards natural gas and renewables.
TOKYO Tokyo Electric Power Co will work with local government to review the safety of its Kashiwazaki-Kariwa nuclear plant, which could mean a later restart date than planned originally, the company's incoming CEO said.
TOKYO The governor of Japan's Niigata prefecture, home to the world's largest atomic power plant, Kashiwazaki-Kariwa, will not take steps to restart the site until a nuclear advisory committee completes its work, delaying its operation at least three years.
TOKYO Japan's trade minister on Friday denied a media report and said the government is not considering building new nuclear plants or replacing existing reactors.
ZURICH Swiss voters backed the government's plan to provide billions of dollars in subsidies for renewable energy, ban new nuclear plants and help bail out struggling utilities in a binding referendum on Sunday.
BRUSSELS French utility EDF is set to gain unconditional approval from the EU competition authorities for its plan to acquire a controlling stake in ailing nuclear power engineering group Areva's reactor business, a person familiar with the matter said on Friday.
(The May 17 story was refiled to correct the spelling of the company in the last two paragraphs to Kirloskar Brothers Limited)
(This version of the April 12 story corrects figure on projected coal power generation in paragraph eight to 25 percent, not 15 percent)