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Greenpeace on board with NPP
http://www.engineeringnews.co.za/article.php?a_id=128336
This article explains a little about why things are moving so slowly. It could also be why NNRI is moving so slowly in the contract area.
http://www.bellona.no/bellona.org/english_import_area/international/russia/nuke_industry/co-operation/35586
Bottom line is that we need news!
Namibia plans to nuclear to achieve energy sufficiency
Posted : Mon, 03 Mar 2008 14:48:09 GMT
Author : DPA
Category : Africa (World)
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Windhoek - An environmental lobby group in Namibia on Monday urged the government not to go the nuclear route after it emerged the state was considering building a nuclear power plant to end its dependence on electricity imports. The government of the southern African desert state, in a cabinet briefing paper released late last week, said it was considering building a nuclear power plant and a uranium enrichment programme.
"This will provide for a long-term solution to the shortfall in electricity generation capacity and to enable the vast uranium resources of the country to be processed to the benefit of the country," the briefing paper said.
At the cabinet meeting the government approved the development of a nuclear regulatory framework, which the International Atomic Energy Agency (IAEA) stipulates must precede the building of a nuclear power plant or uranium-enrichment facility.
"I would hope that the Namibian government will desist from building a nuclear power station and enriching uranium locally for a number of reasons," Bertchen Kohrs, chair of Earthlife Namibia, told Deutsche Presse-Agentur dpa.
Kohrs said Namibia offered huge potential for solar-, wind-and hydropower, which if utilized properly, would make a nuclear power station unnecessary.
He also pointed to issues surrounding the disposal of nuclear waste, the danger of nuclear accidents, vulnerability to terrorist attacks and the dearth of skills in Namibia "to construct and then especially to maintain a nuclear power plant" as reasons for a rethink.
Namibia is the world's fifth-largest uranium producer. Yellowcake, the raw material in uranium enrichment - enriched uranium is used in producing nuclear power and weapons - fetches around 100 dollars per kilogramme on the international market.
The Ministry of Mines and Energy believes that by enriching uranium locally it could make a "net profit margin of at least 1,000 dollars per kilogramme."
The past two years has seen an international resurgence of interest in nuclear energy, caused by concerns over the carbon footprint of fossil-fuel burning power stations.
Two more uranium mines have opened alongside Rio Tinto's Rossing Uranium Mine, the largest open-pit uranium mine in the world which has been operating for thirty years.
In total 16 companies have been awarded licenses to prospect for uranium.
Namibia is also looking at boosting output from renewable energy sources such solar and wind, which experts believe could fully power the nation of just over 3 million people.
up another 10%!
Unfortunately I don't have the article anymore. I think it might have been an old one, not sure. Sorry.
By the way, Back the truck up and load up!
Just to let everyone know I got that info from an article I found. It is not my personal opinion. I am assuming that the buy out would be after the uplifting.
from .02 to .20 not a bad return, huh?
What do you guys think about this?
It has been rumored that the newly formed Atomprom will eventually be listed on a major exchange which could raise a you know what load of money for Russia’s Nuclear program and highly benefit expansion for the future, as well as contribute to NNRF’s ability to maximize sales. We could also speculate that with NNRF’s close association with the newly to be formed Atomprom corporation a possible buyout of NNRF. NNRF also recently files with he SEC to become a fully reporting company with plans to move to the OCTBB and ultimate goal to be listed on the AMEX
Bulgaria prefers nuclear to wind, solar power
(Reuters)
27 February 2008
SOFIA - Bulgaria should push ahead with plans to build a new nuclear power plant rather than opt for wind and solar power to solve its energy problems, the economy and energy minister said on Wednesday.
Petar Dimitrov told a conference estimates showed that his Balkan country’s wind power potential was equal to the capacity of 2,000 megawatts of its Kozloduy nuclear power plant, which supplies about 33 percent of Bulgaria’s power.
‘It’s more important for Bulgaria to build (the new nuclear power plant of) Belene rather than cover the country with wind turbines and solar panels,’ the minister said.
The Balkan country has contracted Russia’s Atomstroyexport, controlled by gas giant Gazprom, along with French Areva and Germany’s Siemens to build the over 4 billion euro ($6.02 billion) Belene by 2014.
The project aims to restore Bulgaria’s position as a major power exporter in the Balkans after being forced to shut down four of Kozloduy’s older Soviet nuclear reactors in the past four years to win European Union membership.
Kozloduy now has two reactors of 1,000 MW each.
Bulgaria is among the countries in the European Union which see nuclear energy as part of the future energy mix and a solution to climate change as proponents say atomic power emits almost no greenhouse gas emissions.
But critics say it is not worth the risk because of huge capital costs and unsolved problems with nuclear waste and safety concerns.
Dimitrov did not say how exactly Bulgaria would meet the EU target to boost renewable energy’s share to 20 percent of all power by 2020 but said his country should rely on its hydro-power potential to meet increasing energy demand.
Bulgaria and neighbouring Romania were considering building two hydro-power plants of 420 MW each at the towns of Nikopol and Turnu Magurele on the river Danube and two other units of 285 MW each at Silistra and Calarasi on the Danube.
‘The Romanian side agrees that these are good projects. The only thing that could stop them is politicians’ sluggishness in the two countries,’ Dimitrov said.
He added Bulgaria was yet to decide whether to go head with plans to build a new coAl fired power plant of between 600 and 800 MW at its Maritsa East power complex, which provides about 30 percent of the country’s electricity.
The minister said yet another coAl fired plant might turn out to be expensive given EU requirements to reduce CO2 emissions and make those that emit over the limit pay for it.
China has 11 nuclear power units
+ - 15:45, March 03, 2008
Related News
China begins construction of nuclear power station in northeast
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By the end of 2007, with the operation of two additional power units at the Tianwan nuclear power station, China's mainland had a total of 11 nuclear power units and had a general installed capacity of 9.1 million kilowatts.
The 11 nuclear power units are mostly pressurized-water reactors: three of which are domestic- made, two from Russia, and four from France. Another two heavy water reactors are from Canada. They are located at the Zhejiang Qin Shan Nuclear Station, at the Guangdong Daya Bay / Lingao Nuclear Plant and at the Jiangsu Tianwan Nuclear Plant.
According to NBS, power production in our country climbed to 3.27 trillion kilowatts per hour (kW/h) in 2007; while the installed capacity of electricity exceeded 0.7 billion kilowatts. Nuclear power production accounts for only 1.9 percent of the generation capacity and only 1.27% of the total installed capacity - far lower than the world's average.
r units
Yevgeny Burlakov, director of channel-type reactors department of Kurchatov Institute
– There is nothing strange in the wish of the Baltic states to build NPPs
For example, Belarus had such plans in the Soviet times and had even prepared necessary sites.
In Lithuania the situation was quite different. Having Ignalina NPP that country had long been the first in the world in nuclear energy production. It still produces most of its electricity at Ignalina. In 2009 Lithuania is planning to decommission the plant. That’s why it is thinking about the future and is planning to build new plants, together with Latvia, Estonia and Poland.
We all know that organic fuel is constantly growing in price. The Baltic states have no organic resources of their own, except for coal slate, which has very low power generating capacity and produces lots of smoke and carbon dioxide. Lithuania has one such plant but it is ecologically unclean. This is one more reason why the Lithuanians want to build a nuclear power plant.
Estonia also has such plans. A 500MW plant will be enough for that country. Finland also links its future with nuclear power plants. It has NPPs and is going to build more.
A nuclear power plant means energy independence and guarantee of economic and strategic independent of a country, its sovereignty. In other words, a country having its own NPPs and its own uranium no longer depends on anybody. Today, many small countries having no big organic resources are beginning to understand this. I think that this is a natural process. It is gaining momentum and nobody can stop it.
Will NNRI and/or ATOLL attend?
I would say they would have to attend this fair. What do you think?
03.03.2008 // Organizing Committee of Atomenergoproekt (Nizhniy Novgorod)
Fair of Nuclear Power Plant Construction is to be held at Nizhnegorodskaya Yarmarka CJSC on Mar 30-Apr 1 2008
The organizers of the fair are Atomenergoproekt Nizhniy Novgorod CJSC and Nizhnegorodskaya Yarmarka CJSC.
The objectives are as follows:
• promoting programs for construction of new nuclear power plants;
• enhancing the efficiency of the use of state resources and reduction of duration and cost of NPP construction projects;
• coordinating the efforts of all parties to NPP construction projects: designers, general contractors, sub-contractors, suppliers of equipment and materials;
• developing a financial-economic mechanism for effective transfer of money from engineering company to nuclear power equipment constructors.
The task is to conduct a complex of measures: open and closed tenders for supply of equipment for the 2nd unit of Rostov NPP and the 4th unit of Kalinin NPP and an exhibition for companies producing and supplying equipment for nuclear power plants.
The total amount of lots will make up 10bln RUR.
The fair will consist of the following events:
1. Conference:
• Plenary session
• Presentation of participant-companies
• Thematic meetings
2. Open tenders for supply of equipment for the 2nd unit of Rosatov NPP and the 4th unit of Kalinin NPP.
3. An exhibition of producers and suppliers of equipment for nuclear power plants.
The key subjects of thematic meetings will be pipeline fittings, high pressure pipes, high-voltage power generating equipment, transformers, electric equipment, automated radiation control systems, industrial television, communication systems, hydraulic equipment, pumps, heat exchange equipment, ventilators, cranes and other weight lifting equipment, automated management systems, construction materials, infrastructure facilities, uniforms and other types of technologies, equipment and services necessary for the construction of nuclear power plants.
Application deadline is Mar 15 2008.
• registration fee per organization is 10,000 RUR
• 1 sq m of unequipped indoor area – 6,000 RUR
• 1 sq m of equipped indoor area – 8,000 RUR
• 1 sq m of unequipped outdoor area (min 25 sq m) – 2,000 RUR
• fee for participation in official reception – 4,000 RUR.
Exhibition contacts:
• Tatiana Sorokina — director of the fair
(+007–831) 277–55–95 sorokina@yarmarka.ru
• Alla Solovyova
(+007–831) 277–54–14 alla@yarmarka.ru
• Irina Lopatina
(+007–831) 277–56–90 irina@yarmarka.ru
• Yelena Mashina
(+007–831) 277–54–87
(+007–831) 277–55–68 mashina@yarmarka.ru
fax: +007–8312/ 77–55–68, 77–54–87, 77–55–87
URL: www.yarmarka.ru
Tender contacts:
• Andrey Medvedev
tel. (+007–831) 211–79–00
e-mail medvedev.niaep@Gmail.com
• Anatoly Kamskov
tel. (+007–831) 218–54–96
fax. (+007–831) 211–79–12
03.03.2008 // TsNIIAtominform
A delegation of Rosatom has visited Swedish nuclear facilities on the invitation of Swedish Nuclear Power Inspection
On Feb 20–22 2008, on the invitation of the Swedish Nuclear Power Inspection (SKI-ICP), a delegation of Rosatom, led by the advisor of the head of the Federal Agency for Nuclear Energy Igor Konyshev, took part in a conference on the development of Swedish-Russian cooperation in the field of treatment of radioactive waste, radiation safety, nuclear nonproliferation and development of public relations.
The Russian side was represented by the director general of TsNIIAtominform Eldar Urmancheyev, the rector of Atomprof Dmitry Cherneyoko, the deputy heads of departments of Rosatom Viktor Romanov, Nikolay Shorokhov and experts of Rosatom.
The sides discussed the prospects of Rosatom-SKI cooperation in 2008–2012 given the reorganization of the nuclear industry of Russia and the unification of SKI-ICP and SSI (Swedish Radiation Protection Authority).
The director of SKI-ICP international cooperation program Magnus Westerlind, his deputy Lars Van Dassen and project manager Roland Turner made reports on bilateral projects concerning treatment of nuclear and radioactive waste at Andreev Bay and in Gremih, research on waste storage facility in Leningrad region, construction of a disposal site for different categories of radioactive waste and some other projects carried out with other organizations (Nuclear Safety Institute, Rosenergoatom Concern (Leningrad and Kola NPPs), Zvezdochka).
The sides discussed the possibility of designing of a system of nuclear materials control for Chepetsk Mechanical Plant and problems of regional cooperation on fight with illegal use of nuclear and radioactive materials.
Special attention was given to the problem of information support of bilateral projects. In order to enhance the public awareness of the projects, the sides agreed to prepare proposals for the establishment and development of a regional education and information center in Murmansk and to work out a mechanism of exchange of information among Rosatom, Atominform, SKI-ICP and donor states.
Konyshev proposed elaborating a universal mechanism of coordination and control of all joint Russian-Swedish projects. The Swedish side supported his proposal.
During the visit the Russian delegation visited radioactive waste burial facility and the information center of Forsmark Nuclear Power Plant.
Well, I geuss ST bought more on Friday so that is a good sign. If he sells all his shares and NNRI goes to zero then ST's reputation will be ruined along with his website. So he has alot to lose and I would think that he would not risk this by pumping a lousy company. Alot of people are already upset with him can you imagine how many more people will be pissed if NNRI goes belly up?
ST posted on yahoo.
29.02.2008 // Press service of Rosenergoatom Concern
Representatives of Rosenergoatom Concern and Iberdrola (Spain) met in Moscow to discuss of projects for building reactors of third generation
A joint seminar of Rosenergoatom Concern and Iberdrola company (Spain) took place in Moscow on Feb 26–28 2008. The subject of the seminar was “Projects for Building Reactors of Third Generation.” The sides discussed problems of designing, building and licensing such reactors. The Russian side was represented by the deputy director general of Rosenergoatom Vladimir Asmolov, the deputy technical director of the Concern Vasily Aksyonov and a number of senior specialists of Rosenergoatom and Atomstroyexport CJSC.
The deputy head of the International Activity Department of Rosenergoatom Concern Nikolay Pozdyakov says that the seminar was quite useful: “We have exchanged views and considered cooperation prospects.”
On Feb 28 the Spanish delegation visited Atomenergoproekt FSUE to familiarize themselves with the company’s work and capacities. The guests told their Russian colleagues about their company and its key nuclear projects.
Iberdrola is one of the biggest and most dynamically developing power generating companies in the world. It owns 45% of nuclear power plants in Spain. Presently, the company is actively diversifying its business and investments in the energy sector.
The framework cooperation agreement between Rosenergoatom Concern and Iberdrola was signed in July 2005. Since then the parties have conducted annual seminars and working conferences and have exchanged visits with a view to discuss issues of mutual concern and to consider possibilities of cooperation.
In 2008 the parties are planning eight scientific-technical seminars in Madrid, Moscow and at nuclear power plants.
Possibilities for ATOLL?
Ukraine to help Belarus with construction of nuclear power plant
01.03 // 15:30 // English
Ukraine is to assist Belarus in building its first-ever nuclear power plant, the first deputy prime minister, Uladzimir Syamashka, said at a meeting of a bilateral intergovernmental commission for the promotion of economic ties that was held in Minsk on Friday.
He said that the Kyiv-based Energoproekt research institute that «has a big experience in the construction of the so-called three-plus power units of the last generation» is to help Belarusian experts to choose an appropriate site for the plant.
He said that a contract for the service had been signed with the institute following Alyaksandr Lukashenka's presidential edict, noting that the two sides were about to strike a new contract under which the Ukrainian institute would provide engineering services, conduct feasibility study and prepare papers for the invitation of bids from suppliers of nuclear power plant equipment and builders.
Mr. Syamashka revealed that the Belarusian authorities also wanted to buy some equipment for the plant from Ukraine, noting that the supplies would contribute to the growth of two-way trade as well.
His Ukrainian counterpart, Oleksandr Turchinov, said that Ukraine saw «serious prospects» of cooperation in the sphere.
That description is all wrong. That company doesn't even exist anymore. I wrote to the moderator and had it changed but they left the description. Go to Yahoo and check out Pricester.com. It has gone from .02 to a high of .24 in only a couple of months.
European energy plan
European energy plan silently supports nuclear
29 February 2008
The Council of the European Union has approved the European Strategic Energy Technology Plan, which proposes research in to nuclear energy, without mentioning nuclear energy in their approval document.
The European Strategic Energy Technology Plan (SETP) aims to speed up development of clean, efficient and low-carbon technologies, with strong participation from private sector industries. The plan proposes six European Industrial Initiatives, including a sustainable nuclear fission initiative focusing on the development of Generation IV reactor technologies.
The Council, which is made up of energy ministers from the individual member states, agreed to approve the plan, but only after finding compromise language to gain approval from the Austrian minister. No mention of the nuclear initiative was made and the word "nuclear" did not appear in the Council's conclusions. Instead the document referred to 'low carbon technologies' and 'advanced energy technologies', in addition to frequent references to renewable technologies.
Slovenian Minister of the Economy, Andrej Vizjak, President of the EU Council, said that Martin Bartenstein, Austrian Federal Minister of Economics and Labour, would submit a special declaration that would detail the Austrian position. Vizjak claimed the Council approval of the plan was a "major success of the Slovenian presidency".
European Commissioner for Energy Andreas Piebalgs stressed that the Council had approved the plan and the plan, including all six industrial initiatives, was unchanged.
The Council will discuss financing for low carbon options in the SETP later in the year, when Austrian opposition to nuclear energy is likely to feature again.
Well said and I agree. We need good news, soon.
We are heading south again.
Nice to see someone else besides me. Please come back with more people!
Estonia NPP News
28.02.2008 // Belta.by
Estonia is considering possibility of building own nuclear power plant
Estonia is considering the possibility of building own nuclear power plant, Minister of Economy and Communication of Estonia Juhan Parts said during a press-conference on Feb 28 2008.
The Estonian authorities believe that the possible import of electricity will have a negative effect of the country’s economy. Today, Estonia exports electricity with 95% of energy produced from coal slate. However, in the near future the country is planning to significantly reduce the use of coal slate as it is a big source of carbon dioxide — today, Estonia is one of the biggest producers of carbon dioxide: 14 tons per capita a year.
The final decision is expected to be made this year.
Egypt NPP
29.02.2008 // Gazeta.ru
Foreign Ministry of Russia believes that Russia’s cooperation with Egypt in the field of peaceful use of nuclear energy has good prospects
Russia’s cooperation with Egypt in the field of peaceful use of nuclear energy may have quite good prospects, the director of the Middle East and Northern Africa Department of the Foreign Ministry of Russia Sergey Vershinin said in a talk with RIA Novosti. “There are many spheres where we can cooperate quite successfully and the peaceful use of nuclear energy is one of them. This cooperation may have quite good prospects. Our nuclear authorities are already establishing relevant contacts,” Vershinin said.
Vershinin is sure that due to its high technological potential Russia will have quite good chances at any tenders in friendly countries. Recently, Egypt said that it was going to announce an international tender to secure support for its national nuclear program. The tender will be open for all international companies supplying equipment and fuel for nuclear power plants and owning up-to-date technologies.
On Oct 29 2007 President of Egypt Hosni Mubarak said that Egypt was starting a program to build nuclear power plants in its territory. He said that NPPs would help his country to diversify its energy sources. Russia, the United States, China and other countries have supported Egypt’s plans and have offered their assistance. The first Egyptian NPPs is supposed to be launched in some eight years. Its construction is estimated at $1.5bln-$2bln and will be financed by foreign sources. In the 1980s Egypt was seriously considering the possibility of building NPPs but after the Chernobyl accident in 1986 it stopped its research.
Egypt
In October the Company submitted a formal proposal for the management of Egyptian hazardous waste to the Egyptian Environmental Agency. The proposal, prepared by NNRF management, included the undertaking of a feasibility study and development of a strategic plan for waste management in Egypt. The Company has not received official information on the decision by the Egyptian agency to proceed with this proposal.
NNRF is also working on efforts to introduce FEECOM/BIECOM to the Egyptian market. The Company is currently in discussions with Egyptian parties that are interested in marketing FEECOM/BIECOM in Egypt and possibly other Arab countries.
Pro Nuclear Power Article
http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20080228/OPINION07/802280317/1108/OPINION
27.02.2008
E4 Group Proceeds Development of Unique Safety System at Chernobyl
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KIEP being a part of E4 group started to develop the barrier apt to retain radiation and contribute to further works of mitigation of consequences of Chernobyl accident.
The most critical stage of these works, in which participates OJSC “Kiev research and design institute “ENERGOPROJECT” being a part of OJSC “E4 Group” consists in development of a New Safe Confinement (NSC) over the existing protective cover.
The confinement is protective structure, which combines the complex of process equipment used for the removal from the forth power unit of the materials containing nuclear fuel, as well as other systems required for the activity with a view to reduce this facility to environmentally friendly safe system.
NSC is developed as protective structure of arched construction featuring unique performances: span of arched construction 257 meters, length 150 meters, height 108 meters. With due regard of complicated radiation conditions in the zone of the protective cover, the structure will be pre-assembled from individual ached sections off-site followed by structure “transposition” to the zone of the protective cover.
NSC structure is intended to provide staff, population and environment protection against the impact of nuclear and radiation hazards associated with the protective cover, and creates required preconditions for the practical activities with a view to rebuild the protective cover.
The constructed to be erected will ensure the safety in the event of extreme external and internal impacts, including tornadoes and hurricanes; therefore its life length at design basis operating period will last at least to 100 years. The Containment construction is to be finalized in 2012.
Belene NPP
Bulgaria to decide on Belene nuclear power plant by end-March
18:19 Thu 28 Feb 2008 - Elitsa Grancharova
Bulgaria would decide by end-March which of the five bidders interested in acquiring 49 percent of the planned nuclear power plant at Belene will remain in the race, Reuters reported on February 28.
Belgian utility Electrabel, owned by France's Suez, and Germany's RWE are leading the list of favourites for now, Reuters said. Bulgaria has also received offers from Italy's Enel, Germany's E.ON and Czech company CEZ.
"A decision on the short-list is now expected towards the end of March," an unnamed source told Reuters.
“(Bulgaria's state power grid operat National Electricity Company) NEC could not a reach a decision last week," Reuters reported.
Bulgaria wants the 2000 MW plant in the Danube town of Belene to make the country a major electricity exporter in the Balkans again after it was forced to shut communist-era reactors as a condition of joining the European Union.
Nuclear energy accounts for one third of the country’s power needs and the local Government is among the EU countries, which believe nuclear energy is part of the solution to climate change, as proponents say atomic power emits almost no greenhouse gas emissions, Reuters said.
NEC would retain 51 per cent of Belene, which would be built by Russia's Atomstroiexport, controlled by gas company Gazprom, with France's Areva and Germany's Siemens as subcontractors.
Belene NPP
Bulgaria prefers nuclear to wind, solar power-EconMinReuters Wednesday February 27 2008 SOFIA, Feb 27 (Reuters) - Bulgaria should push ahead with plans to build a new nuclear power plant rather than opt for wind and solar power to solve its energy problems, the economy and energy minister said on Wednesday.
Petar Dimitrov told a conference estimates showed that his Balkan country's wind power potential was equal to the capacity of 2,000 megawatts of its Kozloduy nuclear power plant, which supplies about 33 percent of Bulgaria's power.
"It's more important for Bulgaria to build (the new nuclear power plant of) Belene rather than cover the country with wind turbines and solar panels," the minister said.
The Balkan country has contracted Russia's Atomstroyexport, controlled by gas giant Gazprom, along with French Areva and Germany's Siemens to build the over 4 billion euro ($6.02 billion) Belene by 2014.
The project aims to restore Bulgaria's position as a major power exporter in the Balkans after being forced to shut down four of Kozloduy's older Soviet nuclear reactors in the past four years to win European Union membership.
Kozloduy now has two reactors of 1,000 MW each.
Bulgaria is among the countries in the European Union which see nuclear energy as part of the future energy mix and a solution to climate change as proponents say atomic power emits almost no greenhouse gas emissions.
But critics say it is not worth the risk because of huge capital costs and unsolved problems with nuclear waste and safety concerns.
Dimitrov did not say how exactly Bulgaria would meet the EU target to boost renewable energy's share to 20 percent of all power by 2020 but said his country should rely on its hydro-power potential to meet increasing energy demand.
Bulgaria and neighbouring Romania were considering building two hydro-power plants of 420 MW each at the towns of Nikopol and Turnu Magurele on the river Danube and two other units of 285 MW each at Silistra and Calarasi on the Danube.
"The Romanian side agrees that these are good projects. The only thing that could stop them is politicians' sluggishness in the two countries," Dimitrov said.
He added Bulgaria was yet to decide whether to go head with plans to build a new coal-fired power plant of between 600 and 800 MW at its Maritsa East power complex, which provides about 30 percent of the country's electricity.
The minister said yet another coal-fired plant might turn out to be expensive given EU requirements to reduce CO2 emissions and make those that emit over the limit pay for it. (Reporting by Anna Mudeva; editing by James Jukwey)
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Press Release Source: Pricester.com, Inc.
Pricester Completes Financing and Experiences Positive Growth
Wednesday February 27, 7:00 am ET
Added Funding to Assist with Planned Programs
HOLLYWOOD, Fla.--(BUSINESS WIRE)--Pricester.com, Inc. (OTCBB:PRCC - News), an Internet marketing and technology company, has successfully completed $200,000 in financing. The funding will be used to further support planned initiatives and strengthen the company’s overall strategic positioning.
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Pricester had recently announced the launch of Copia World, an online international directory of retailers, targeting travelers and global-minded consumers, as well as the introduction of its personality-anchored lifestyles websites to feature corporately sponsored editorial. Additionally, a letter of intent was signed to acquire Genesis Electronics, Inc., a high-tech company specializing in consumer applications for solar power and other alternative energy sources.
“Pricester is an innovative organization that’s experiencing positive growth,” said President and CEO Edward C. Dillon. “Added financing is an integral component. The continuing refinement of our operations and the addition of new products, services and expansion of the Pricester brand will keep us moving ahead,” Dillon continued.
Another big day? Probably, but no one seems to care.
Russian business partners
In Bulgaria the Russians (AtomstroyExport Company) managed to sign the deals with the South Stream and the B-A pipelines. Moreover they agreed to construct a new thermonuclear station in Belene and the country is heavily depended on Russian energy in general.
In Hungary has acquired many stocks in gas companies and invests substantial amounts in the real estate.
Montenegro is awash with Russian capital in the estate and tourist sector
Serbia sold its national energy company and participates in the South Stream project (Northern Axis). The country is also leaning to Moscow due to the developments in Kosovo as well.
In Slovakia the gas distribution network company SPP (One of the largest in Europe), belongs to Gazprom (49%)
In Austria Gazprom recently 50% share of a similar distribution network, thus creating a natural gas web across Central Europe. Note that 35% of the largest German one belongs to Russian company and the 10% of the EADS Corporation.
Greece participates in the B-A & South Stream pipelines and made substantial procurements of Russian weaponry over the past few years. Cyprus is also one of the prime destinations of Russian investments.
Turkey imports 75% of its natural gas from Gazprom and receives 10% of its tourists from CIS countries. Large Turkish construction companies invest heavily in Russia also.
Environmentalists on board too!
http://timesfreepress.com/news/2008/feb/27/environmentalists-warming-nuclear-energy-options/
China starts building world's first 3rd-generation nuclear plant
(Xinhua)
Updated: 2008-02-26 23:47
SANMEN - China began excavation for the foundations of the world's most advanced nuclear reactor in Sanmen City in the eastern Zhejiang Province on Tuesday.
A photo taken on February 26, 2008 shows the construction site of the No. 1 reactor of Sanmen nuclear power plant. [Xinhua]
The No. 1 reactor in Sanmen nuclear power plant will use the third-generation AP1000 technology, which was transferred from the US-based Westinghouse Consortium. It has never been used in any operating power plant previously, said Zhao Hong, a State Nuclear Power Technology Corp. (SNPTC) engineer.
Builders plan to excavate a hole 12 meters deep and more than 20 meters in diameter to house the reactor. It is expected to go into commercial operation in 2013.
"The excavation started one month earlier than the original plan thanks to the support from all sides," Zhao said, adding concrete pouring would start in March 2009.
Sanmen Nuclear Power Corp. will install six AP1000 nuclear generating units, each with a power capacity of 1.25 million kilowatts, before eventually becoming self-sufficient in the AP1000 technology.
In July, China reached an agreement with Westinghouse Electric Co. to build four nuclear power plants in the country -- two in Sanmen and two in Haiyang City in the eastern Shandong Province.
The construction of the Haiyang plant will begin later this year.
China currently has 11 nuclear generating units in operation. Three use domestic technologies, two are Russian, four are French and two are Canadian designed. All employ second-generation technologies.
According to the government plan, China will have an installed nuclear power capacity of 40 million kw by 2020, accounting for four percent of the country's total.
I think mid march.
up big again today. Is anyone out there?
I think they have quite an opportunity here.
Russian energy firms align
Published: Feb. 25, 2008 at 1:58 PM
Print story Email to a friend Font size:By TATYANA SINITSYNA
UPI Outside View Commentator
MOSCOW, Feb. 25 (UPI) -- Two major state-owned Russian companies building energy projects -- Atomstroyexport, with a nuclear focus, and Technopromexport, which builds other power plants -- have agreed to develop a strategic partnership and establish a joint venture.
Atomstroyexport will have the controlling interest -- 51 percent. The new joint venture will build energy facilities and operate them both in Russia and abroad.
The gist of this ambitious step is pragmatic. The memo on cooperation, adopted by the partners on Feb. 19, reads: "It is necessary to create a major national player in order to strengthen each other's positions in the market."
The new joint venture will allow Russia to enhance its status abroad and at home. This is required by the logic of economic progress.
Building alliances is one of the most effective ways of using economic resources. In France, for example, the following three companies have set up an alliance -- AREVA (nuclear plants construction), SUEZ (nuclear plants operation), and the oil company Total, which operates in the Saudi market. Having united, they are keeping their positions in the region and supporting their partnership's reputation.
The Russian energy alliance is borrowing from foreign experience. It will proceed from common interests and offer comprehensive solutions, while profile specialists will carry out projects. Atomstroyexport can share with Technopromexport technologies for building thermal power plants; in turn, it can borrow from the experience of its partners in new markets.
Having consolidated the available resources (finances, engineering, management and international experience), the new player is going to be active both at home and abroad. But what are the chances of the two companies? What are their assets?
Atomstroyexport is implementing foreign contracts for the construction of nuclear power plants. It is the world's only company simultaneously building five energy units abroad (in India, Iran and Bulgaria). In 2007 it commissioned two energy units of the Tianwan nuclear plant in China.
Technopromexport is also well known. Its specialty is construction of energy facilities. It is Russia's biggest engineering plant specializing in turn-key projects of any level and type -- thermal, steam-gas, gas-turbine, geothermal, diesel, and hydroelectric plants, power transmission lines, and boosters.
The alliance between the two companies has been produced by the effective operation of the nuclear industrial sector in the last two years. The military component of Russia's nuclear industry has always been immune to interference -- everyone understands the measure of responsibility. But in the civilian nuclear industry many plants were privatized. By now, Russia has re-established government control over it.
The new alliance is a product of its modernization. Its tremendous potential will make Russia more confident in the foreign markets. Today, Russian experts are conducting negotiations on the construction of nuclear power plants with 20 countries. Some of them are closer than others to the conduct of a tender for economic, moral or legal reasons. Russia can choose its construction sites and partners.
Next-door neighbors are high on the list of priorities -- Ukraine, Belarus and Kazakhstan. Turkey, Egypt and Morocco are interested in cooperation.
But the Chinese are again the closest partners. As a result of effective cooperation, China received in 2007 two powerful VVER-100 megawatt units (water-water power reactor) for the Tianwan nuclear power plant. Now Russia and China have signed a contract for the construction of a third and fourth units.
India has recently signed a memo with Russia on the building of new reactors in Kudankulam. Tehran has long been hinting that if it dares increase the number of its nuclear power plants, it will choose Russian projects.