Czech power company CEZ says it is keeping an eye on potential investment in assets in central Europe that its Swedish and Italian rivals may sell, although it admits there are few immediate and attractive takeover targets.
Hungary’s government has confirmed the deal for Russia's state-owned nuclear corporation Rosatom to build two new reactors at the Paks nuclear power plant (NPP).
In the face of difficult market conditions, Swedish state-owned utility Vattenfall is to shut its two oldest nuclear reactors earlier than planned. The company says it will also slash 1000 jobs.
The Japanese industry ministry is seeking to bring down the total electricity produced by nuclear power down from 28.6 per cent, the total before the Fukushima nuclear crisis, to 20-22 per cent by 2030.
French power firm Areva has signed a pre-engineering agreement (PEA) with Nuclear Power Corporation of India (NPCIL) to set up two Evolutionary Power Reactors (EPR) at the Jaitapur Nuclear Power Project in Maharashtra state, India. The reactors will have a capacity of 1650 MW each.
The French government has suggested that Areva sells the division responsible for manufacturing, installing and servicing nuclear reactors to state-controlled power utility Electricité de France SA in a bid to rescue the loss-making nuclear engineering firm and restructure the industry. Areva’s Chief Executive Officer Philippe Knoche revealed the news in a meeting with union representatives last week.
Jordan has signed a $10 billion agreement with Jordan for the development of its first nuclear power plant. signed an agreement on Tuesday in Amman.
Nuclear installed capacity in Pakistan will be raised to 40 000 MW by 2050, the Pakistan Atomic Energy Commission (PAEC) chairman said.
The top Chinese economic planner has approved the construction of the second phase of Hongyanhe nuclear power plant in Wafandian city, in the northeast Liaoning province. This is the first Chinese nuclear power plant to be granted such permission since 2011.