9 Feb (NucNet): The Areva-Siemens consortium building the Olkiluoto-3 nuclear power plant in Finland has updated its claim at an International Chamber of Commerce (ICC) arbitration proceeding to “approximately €3.52bn ($3.96bn) in total” from €3.5bn in 2014, a statement by nuclear operator Teollisuuden Voima Oyj (TVO) said.
8 Feb (NucNet): The European Commission (EC) should establish clear guidelines on investment for nuclear new build in the forthcoming Illustrative Programme for Nuclear Energy (Pinc), the Brussels-based industry group Foratom said.
5 Feb (NucNet): The European Atomic Energy Community (Euratom) will continue participating in international collaboration for research and development of Generation IV nuclear energy systems after a recommendation by an EU Council of Ministers working group was published on 29 January 2016. The final adoption of this decision is expected to follow “imminently”, a statement said.
4 Feb (NucNet): International arbitration on the suspended Belene nuclear power station project in Bulgaria is expected to be completed within “up to four months”, deputy prime minister for EU funds and economic policies Tomislav Donchev was quoted by local media as saying.
The next Board of Directors meeting and General Assembly will be held at Central Office in Brussels on Monday 30 May 2016 in the afternoon.
NucNet has published a special report examining Finland’s plans to build its sixth nuclear power generation unit at Hanhikivi and looking at progress with nuclear waste management company Posiva’s construction of a final disposal facility for spent nuclear fuel. The report, which outlines the country’s significant progress, is online for subscribers: http://bit.ly/20giri4
The financing of new nuclear is complex and it can be difficult to pin down a precise cost. This NucNet special report looks at the way costs are calculated and why there are differences between various business models. Members and subscribers can download the report.