in

Ads

Advertise Here!
Check out our Media Kit!

Nuclear Street Media Kit

Explore Brokk Equipment - Click Here! 

This Blog

Syndication

World Nuclear News

WNN is an online information service that covers the latest developments related to nuclear power.

Browse by Tags

All Tags » EOn (RSS)
  • EOn seeks controlling stake in French EPR

    [Reuters, 7 July] Germany's EOn would like a majority stake in France's third new reactor. The company said that this would help open up the French power market, which is dominated by Electricité de France (EdF). EOn CEO Wulf Bernotat said, "A cooperation usually goes well if both partners are at an equal position, and since we are not the smallest utility operator we are not terribly keen to receive just a minority position in such a project." When asked whether EOn is considering a majority stake in the third EPR, Bernotat said, "That is a possibility or an operatorship ... It would be good for the competitive situation in France that a company like EOn could play a strong role in a third project." EdF is currently constructing an EPR at its Flamanville site and is planning another for its Penly site. In May, EdF said it was open to signing up other partners for its nuclear projects. Italy's Enel has a 12.5% stake in the Flamanville EPR, while GDF-Suez and Total will jointly own 33.3% of the Penly EPR. Bernotat said that EOn was discussing with EdF a possible cooperation in both Flamanville and Penly.
  • EOn hosts Italian delegation

    A group of Italian politicians has toured a German nuclear power plant in a signal of EOn's interest in the emerging Italian nuclear market.
  • Capacity swaps see EOn enter Belgian market

    German power giant EOn is set to become Belgium's third biggest power producer under an agreement to swap capacity, including rights to nuclear output, with Electrabel. The deal involves three reactors in each of the nuclear phase-out countries.
  • Research for EOn's nuclear future

    Germany-based power giant EOn is to cooperate on research for the future of nuclear energy with France's main research institute. The move is another clear sign of EOn's commitment to the power source.
  • EOn's plans for the UK emerge

    EOn is preparing plans to build an Areva EPR at Oldbury in the UK. The German-based company has requested a 1600 MWe grid connection to be in place for April 2020 at the site, land adjacent to which will go on sale very soon.
  • EOn and Statkraft finalize asset swap

    Germany's EOn group has finalized its agreement with Statkraft for a €4.5 billion ($6.2 billion) asset swap under which EOn will take total ownership of its Swedish subsidiary, EOn Sverige. As part of the agreement, EOn will acquire Statkraft's 44.6% stake in EOn Sverige, whose nuclear power assets are 29.6% of the Ringhals plant, 9.8% of the Forsmark and 54.5% of Oskarshamn. EOn said these nuclear assets make up 40% of the 6400 MWe of generation it now owns in Sweden. The transfer of ownership of the assets is expected to take place at the end of 2008, subject to the necessary approval by antitrust authorities. In addition to full control of EOn Sverige, EOn will also acquire a hydropower plant in Sweden. In return, government-owned Statkraft will receive 51 hydropower plants in Sweden, Germany and the UK, as well as five Swedish district heating plants and two gas-fired plants in Germany. In addition, Statkraft receives a structured gas storage and an electricity supply contract.
  • EOn partners Areva and Siemens on UK plants

    EOn has signed a letter of intent with Areva and Siemens to cooperate on the construction of new UK nuclear power plants in the first partnership announcement from players circling the new build market.
Copyright (c) 2010 Nuclear Street
Advertise With Us | Terms and Conditions | Privacy | Copyright | Contact Us