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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...
Posted
Nov 04 2009, 05:16 PM
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NEI Nuclear Notes
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Life’s Little Ironies
A British wind utility, Ecotricity , and French nuclear company EDF are fighting for the rights to a “green” union jack to use at the 2012 London Olympics – EDF is the “sustainability partner” for the Olympics, so that’s pretty green all the way around. (EDF is the majority stakeholder in British Energy, hence their interest in this.) On the Wind Energy Planning Web site, the news story about the squabble...
Posted
Jul 09 2009, 03:28 PM
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NEI Nuclear Notes
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EDF To Buy British Energy for $23.2 Billion
We have a winner in the British Energy Stakes. Per the BBC , French energy firm EDF has agreed to buy British Energy, the firm which operates eight UK nuclear power plants, in a £12.5bn deal. In addition, British Gas-owner Centrica said it is in talks with EDF to take 25% of all power generated by British Energy once it is in French hands. It will also take a 25% stake in all new nuclear plants built...
Posted
Sep 24 2008, 08:44 AM
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NEI Nuclear Notes
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British Energy and EDF: A Fractious Romance?
The British government, wanting to divest itself of its share of British Energy, had many suitors coming by with flowers and blandishments before it finally succumbed to the Boyer-inflected Pepe LePew of energy companies, Electricite de France. However, we now learn that the rain has washed the white stripe from British Energy’s back and it just looks like a cat : Reports said the proposed deal - the...
Posted
Aug 04 2008, 10:09 AM
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NEI Nuclear Notes
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Au Revoir, EDF?: British Energy Rounds Up Some More Bidders
We wrote a couple of days ago we may have jumped the gun on the British Energy story by declaring Electricité de France (EDF) the last company standing in the bidding for the nuclear utility. We did - or might have. While British Energy says it has more interest, it will not say who has expressed the interest or how serious the various parties are. Here's how Bloomberg puts it: Two of the...
Posted
May 16 2008, 11:19 AM
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NEI Nuclear Notes
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Bon Jour, EDF: British Energy Finds a Bidder
Well, maybe. The British Government solicited bids for its 35% share of British Energy, which runs eight of the ten nuclear energy plants in the country. The last several weeks have seen stories about the Germans (E.ON) and Spanish (Iberdola - they now own Scottish Power) dropping by to kick the tires, and they might still submit bids, but it looks like Electricité de France (EDF), in concert...
Posted
May 14 2008, 03:11 PM
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NEI Nuclear Notes
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EDF CEO: Nuclear to Take Center Stage in Climate Change Battle
From Thomson Financial : EDF chief executive officer Pierre Gadonneix backed greater use of nuclear power as a way of combating climate change, saying that politicians must be more active in making it acceptable to public opinion, which remains the main obstacle. He said the contribution of wind power to limiting CO2 emissions would remain small. Nuclear power makes up nearly 80 pct of EDF's power...
Posted
Oct 11 2007, 04:40 PM
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NEI Nuclear Notes
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EDF Shutters Coal Capacity to Make Way for Nuclear
In Britain, EDF has decided to shutter some coal capacity to make way for natural gas and nuclear. Ruth Sponsler has some thoughts. Read More...
Posted
Jun 06 2007, 09:54 AM
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NEI Nuclear Notes
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