NNRF Inc (NNRI)

[Givntake83]

Posted by: batface
In reply to: None Date:4/25/2008 7:00:54 AM
Post #6458 of 6484


E.ON could build UK nuclear reactors

(NNRF is working with E.ON on instalation of Feecom and Biecom in non related projects)


By Russell Hotten, Industry Editor
Last Updated: 12:33am BST 24/04/2008

E.ON, the German owner of British energy supplier Powergen, has signalled its intention to bid for a slice of the UK's nuclear industry with a surprise announcement that it has chosen two companies that would help it design and build reactors.

Although the UK Government's exact plans for a new generation of nuclear power stations are still unclear, E.ON said yesterday that it had signed letters of intent with France's Areva and Germany's Siemens to consider the construction of two power plants.

E.ON had previously said that it was leaving its options open about getting involved in new nuclear, a position that was seen as putting the company firmly in third place behind RWE and EdF as a likely player in the UK industry. But an E.ON source said that yesterday's news was aimed at "nailing our colours to the mast".


E.ON said it would use Areva's 1,600 megawatts (mw) advanced pressurised-water reactor, powered by Siemens' turbines. The three companies will also collaborate on a new type of 1,250mw boiling-water reactor produced by Areva.



Powergen's German owner could build UK nuclear reactors

By Russell Hotten, Industry Editor
Last Updated: 12:33am BST 24/04/2008

E.ON, the German owner of British energy supplier Powergen, has signalled its intention to bid for a slice of the UK's nuclear industry with a surprise announcement that it has chosen two companies that would help it design and build reactors.

Although the UK Government's exact plans for a new generation of nuclear power stations are still unclear, E.ON said yesterday that it had signed letters of intent with France's Areva and Germany's Siemens to consider the construction of two power plants.

E.ON had previously said that it was leaving its options open about getting involved in new nuclear, a position that was seen as putting the company firmly in third place behind RWE and EdF as a likely player in the UK industry. But an E.ON source said that yesterday's news was aimed at "nailing our colours to the mast".
advertisement

E.ON said it would use Areva's 1,600 megawatts (mw) advanced pressurised-water reactor, powered by Siemens' turbines. The three companies will also collaborate on a new type of 1,250mw boiling-water reactor produced by Areva.

# British business people: The top 1,000: Energy and utilities 21 to 100
# More from the energy and mining industries

The biggest nuclear generator in the UK currently is Torness-1, which generates about 650mw.

E.ON said nothing about potential locations for the reactors, nor a possible bid for British Energy, which runs eight nuclear stations on sites that are likely to be locations for the new generation of power stations.

Energy companies are in discussions with the Government about the future of British Energy, which carries a price tag of about £11bn.

The Government backs building reactors to replace the ageing units and coal plants that contribute to global warming. With about a third of generation needing replacement by 2020, Business Secretary John Hutton has said he wants at least one nuclear plant built by then.

Dr Paul Golby, chief executive officer of E.ON UK, said yesterday: "It is now up to us to work with our partners and with government to make that a reality."

The German company chose Areva, the world's largest builder of nuclear plants, ahead of Toshiba, Westinghouse and General Electric.


http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/24/cneon124.xml