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Nuclear Energy Institute
NEI Nuclear Notes News and commentary on the commercial nuclear energy industry.
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Constellation and EDF Form Nuclear Venture
Actually, Electricite de France (EDF) and Constellation Energy have been working together for awhile, including as partners in UniStar . But this is a different venture, lately approved by the Maryland Public Service Commission and, let us say, spectacularly good news: EDF is seeking to acquire nearly half of Constellation's nuclear assets. Constellation has said the joint venture with EDF will...
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Nov 04 2009, 05:16 PM
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Spiraling Around Constellation Energy
CNN reports that Electricite de France is in discussions with Constellation Energy to take over half its nuclear business. Now, it shouldn't surprise anyone that the French have taken an interest in the American nuclear marketplace - they have a lot of experience in making the numbers work, which has been problematic for Constellation - and a lot of experience with nuclear energy. However, there's...
Posted
Dec 09 2008, 04:54 PM
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Open discussion on Constellation situation and what it means for Nuclear
While this article in the Baltimore Sun initially focuses on job cuts, it later gives a good summary of the choices shareholders will have in deciding the fate of Constellation. Here is what I want to talk about: The EDF proposal unveiled Wednesday called for selling half of Constellation's nuclear power assets to the French firm for $4.5 billion, including an immediate down payment of $1 billion...
Posted
Dec 04 2008, 11:26 AM
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NEI Nuclear Notes
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The Warp Effect: WSJ on Buffett, Constellation and the Fate of the EPR
The Wall Street Journal has a story about Warren Buffett's pending purchase of Constellation Energy and, particularly from our point of view, its UniStar subsidiary, a nuclear consortia that includes Electricite de France , AREVA and Bechtel . The WSJ has no idea how Buffett might proceed with its Unistar subsidiary: On Thursday, MidAmerican chief executive Greg Abel sounded more enthusiastic about...
Posted
Sep 26 2008, 04:40 PM
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Constellation to Submit an Application for a New Plant in New York
From Constellation : UniStar Nuclear Energy (UNE), a strategic joint venture between Constellation Energy (NYSE: CEG) and the EDF Group, today announced it has notified the U.S. Nuclear Regulatory Commission (NRC) of its plans to submit a Combined License (COL) application in late 2008 for a potential advanced design nuclear reactor at Constellation Energy's Nine Mile Point Nuclear Station in upstate...
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Feb 13 2008, 12:02 PM
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NEI Nuclear Notes
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