Updates on international nuclear energy programs

Updates on international nuclear energy programs

from Idaho Samizdat: Nuke Notes by noreply@blogger.com (Dan Yurman)

Setback on financing at Temelin in Czech Republic

A report by an influential banking advisory firm has set back plans to build two new nuclear reactors at an estimated cost of $10 billion. The Prague-based firm of Candole Partners wrote in January the project, originally scoped to include five new reactors, isn't financially feasible due to low demand for electricity.

Czech state-owned utility CEZ has disputed the analysis saying it has a short-term perspective and that demand for base-load power will increase especially as Germany phases out its remaining nine reactors by 2022. That's about the time the new reactors at Temelin would come online.