Like Japan, Taiwan’s location on the edge of the Pacific makes it vulnerable to earthquakes and tsunamis. But with no oil and gas of its own, the island state lacks any kind of energy security. Sarah Mishkin visits a nuclear power station under construction which may never be turned on.
The Czech prime minister assured his Russian counterpart on May 27 that the process for choosing the winner of the country’s nuclear tender would be fair and transparent. Yet a growing split in the cabinet, a continuing stand-off with France’s Areva after it was ejected from the tender, and now sources saying CEZ is asking the remaining bidders to finance the €8bn-12bn nuclear expansion, have all cast further doubt on the project. Continue reading »
At first sight the figures are staggering. In the space of a single day last week Turkey signed an agreement on a $22bn new nuclear power plant and concluded a €22bn tender on building Istanbul one of the biggest airports on the world.
No wonder there were proclamations about record-breaking investments as soon as last Friday’s announcements were made. Continue reading »
Those (few)Bulgarians who made it to the polls in Sunday’s referendum on nuclear power have voted in favour of further development.
The vote was a political exercise which is unlikely to lead to the building of new atomic plants any time soon. But it was an unusual show of support for the much-criticised industry. How many other European Union countries would have voted in favour? Continue reading »
The move threatens to bring the tender process to a halt. Its announcement came immediately after CEZ rejected an earlier appeal from Areva against its removal from the tender on October 5 for what are still unclear reasons. Continue reading »
The referendum, to be held in January, follows the government’s March decision to cancel the development of the Danube-side Belene nuclear power plant (NPP), in which Bulgaria had already invested 1.4bn levs ($925m), with one reactor already completed. Continue reading »
Nuclear power has long held the possibility of energy independence for central Europe, freeing it from its heavy reliance on imports of Russian natural gas. But a series of political and corporate decision across the region in the last few days leaves the future of atomic power murkier than ever. Continue reading »
In a shock announcement, Czech power company CEZ on Friday excluded France’s Areva from its multi-billion-euro tender to expand the Temelin nuclear power plant for failing to fulfill all the requirements, leaving Toshiba’s US unit Westinghouse and a consortium led by Russia’s Atomstroyexport as the two remaining bidders. Continue reading »
Much of Europe may be moving towards cleaner power but in Turkey it is a different story.
EUAS, the country’s state-owned electricity company, was due on Monday to sign a memorandum of understanding with two South Korean groups on a $2bn coal fired power plant. It is also moving ahead with plans for two nuclear plants. Continue reading »