Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, January 11, 2017

News coverage on Areva and reactor parts from French forge

  Prairie Island one of 17 nuclear reactors with parts from French forge under investigation

The U.S. Nuclear Regulatory Commission says 17 U.S. nuclear reactors in 10 states — including Xcel Energy's Prairie Island power plant — include ...http://www.startribune.com/prairie-island-one-of-17-nuclear-reactors-with-parts-from-french-forge-under-investigation/410325705/

 

Talks with Chinese investors in Areva focus on governance: French minister

Reuters - ‎8 hours ago‎
A view shows the Areva Tower, the headquarters of the French nuclear reactor maker Areva, at La Defense business and financial district in Courbevoie near Paris, France, March 2, 2016. REUTERS/Jacky Naegelen/File Photo. By Geert De Clercq | PARIS.

EU approves rescue of French nuclear firm Areva

New Europe - ‎9 hours ago‎
EU anti-trust regulators cleared the French government's massive restructuring of troubled state-owned nuclear reactor builder Areva. In April, Paris notified the EU Commission of a big restructuring plan to save the national champion that included a ...

Setting of the Terms of AREVA SA and NewCo Reserved Capital Increases Following the European Commission's ...

Business Wire (press release) - ‎1 hour ago‎
The Board of Directors of AREVA SA, meeting today, duly noted the approval granted yesterday by the European Commission for the French State's participation in the capital increases of AREVA SA and NewCo in the maximum amount of 4.5 billion euros out ...

European Commission approves €4.5bn French state aid for Areva

Energy Business Review - ‎6 hours ago‎
The European Commission (EC) has approved French government's plan to inject €4.5bn ($4.8bn) in the troubled nuclear engineering firm Areva. The Commission has concluded that the France's capital infusion is in line with EU state aid rules. The payment ...

US lists 17 nuclear reactors with parts from forge under probe

Reuters - ‎20 hours ago‎
A view shows the Areva Creusot Forge site in Le Creusot, France, May 2, 2016. REUTERS/Robert Pratta. 2/2. left. right. A U.S. Nuclear Regulatory Commission sign is pictured at the headquarters building in Rockville, Maryland, March 21, 2011.

Prairie Island one of 17 nuclear reactors with parts from French forge under investigation

Minneapolis Star Tribune - ‎19 hours ago‎
Glen Stubbe, Star Tribune A 2008 photo of the Prairie Island nuclear power plant in Welch, Minn., on the banks of the Mississippi River. Text size. comment. share · tweet · email. Print. more. Share on: Share on LinkedIn Share on Google+ Share on ...

EU approves state aid to Areva

Power Engineering International - ‎7 hours ago‎
The European Commission has approved a planned $4.76bn capital injection in Areva by the French government, saying the restructuring plan for the company met state aid guidelines. Margrethe Vestager There are however conditions going with that ...

EU clears French rescue of troubled nuclear firm Areva

Capital FM Kenya (press release) (blog) - ‎14 hours ago‎
By AGENCE FRANCE PRESSE, Brussels, Belgium, Jan 10 – EU anti-trust regulators on Tuesday cleared the French government's massive restructuring of troubled state-owned nuclear reactor builder Areva. Problem-prone Areva, which is 87-percent owned ...

AREVA material problems raise concerns at Savannah River Site's MOX project

Aiken Standard - ‎Jan 10, 2017‎
The Nuclear Regulatory Commission is set to release its list of U.S. nuclear facilities operating with equipment from a French company associated with the Mixed Oxide Fuel Fabrication Facility that have potentially under-qualified characteristics, and ...

EU clears French capital injection and bridging loan for Areva

Yahoo Finance - ‎Jan 10, 2017‎
A view shows the Areva Tower, the headquarters of the French nuclear reactor maker Areva, at La Defense business and financial district in Courbevoie near Paris, France, May 7, 2015. REUTERS/Charles Platiau. More. By Philip Blenkinsop and Geert De ...

US NRC document: 17 reactors have parts from forge under probe

Reuters - ‎21 hours ago‎
WASHINGTON Jan 10 The U.S. Nuclear Regulatory Commission released documents on Tuesday showing that 17 U.S. reactors have parts from Areva SA's Le Creusot forge in France, which is under investigation for allegedly falsifying documents on the ...

State aid: Commission approves restructuring plan of French Areva group

New Europe - ‎Jan 10, 2017‎
The payment of the state aid is subject to conditions, in particular a positive conclusion of the ongoing tests by the French Nuclear Safety Agency concerning the nuclear reactor vessel of Flamanville III, and an approval of the divestment of Areva's ...

Approval Granted by the European Commission for AREVA Capital Increases, with Two Preconditions

Business Wire (press release) - ‎Jan 10, 2017‎
The European Commission has just announced that it is giving its approval to the French State for its participation in the capital increases of AREVA SA (Paris:AREVA) and NewCo1, up to a maximum of 4.5 billion euros out of a total amount of 5 billion ...

Gov't Applications To Design New Nuclear Plants Are 12000 Pages Long

Daily Caller - ‎Jan 10, 2017‎
Federal regulators required the energy company Nuscale Power to file a 12,000-page application to build an advanced nuclear reactor. NuScale wants to build the first U.S. small modular reactor in Utah, but producing the 12,000-page document will cost ...

EU approves €4.5bn French state aid for nuclear group Areva

Energy Live News - Energy Made Easy - ‎Jan 10, 2017‎
The European Commission has approved the French Government's plans to provide nuclear group Areva with €4.5 billion (£3.9bn) as part of its restructuring plan. The payment of the state aid is subject to conditions, in particular a “positive conclusion ...

EU Commission Approves Capital Support For AREVA

Nuclear Street - Nuclear Power Plant News, Jobs, and Careers (press release) (blog) - ‎21 hours ago‎
European Commission anti-trust regulators ruled Tuesday that the French government's rescue plans for troubled nuclear engineering firm AREVA were in line with state aid rules. AREVA, which is 87 percent owned by the French government, has been ...

EU approves Areva restructuring plan

Seeking Alpha - ‎Jan 10, 2017‎
The European Union approves a restructuring plan for French nuclear firm Areva (OTCPK:ARVCF), saying a planned €4.5B ($4.76B) capital injection would not unduly distort competition. The ruling will allow Areva to restart as a smaller company focused on ...

Setting of the Terms of AREVA SA and NewCo Reserved Capital Increases Following the European Commission's ...

Business Wire (press release) - ‎1 hour ago‎
The Board of Directors of AREVA SA, meeting today, duly noted the approval granted yesterday by the European Commission for the French State's participation in the capital increases of AREVA SA and NewCo in the maximum amount of 4.5 billion euros out ...

Talks with Chinese investors in Areva focus on governance: French minister

Reuters - ‎9 hours ago‎
A view shows the Areva Tower, the headquarters of the French nuclear reactor maker Areva, at La Defense business and financial district in Courbevoie near Paris, France, March 2, 2016. REUTERS/Jacky Naegelen/File Photo. By Geert De Clercq | PARIS.

EU approves rescue of French nuclear firm Areva

New Europe - ‎10 hours ago‎
EU anti-trust regulators cleared the French government's massive restructuring of troubled state-owned nuclear reactor builder Areva. In April, Paris notified the EU Commission of a big restructuring plan to save the national champion that included a ...

European Commission approves €4.5bn French state aid for Areva

Energy Business Review - ‎6 hours ago‎
The European Commission (EC) has approved French government's plan to inject €4.5bn ($4.8bn) in the troubled nuclear engineering firm Areva. The Commission has concluded that the France's capital infusion is in line with EU state aid rules. The payment ...

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