Centrica expects earnings dip from nuclear closure

British energy giant Centrica warned its shareholder earnings may dip after the Heysham and Hartlepool nuclear plants were shut. The two plants owned by EDF Energy were closed for inspections, it was announced today, because of a “defect” discovered in a boiler spine at one reactor in the Heysham 1 plant. Today Centrica said the […]

Nuclear plants offline sees UK power supply “tighten”

Several units at British nuclear power stations are offline for the start of August which means the power supply is likely to “tighten” for the next week or so. As a result power contract prices for the “prompt” – i.e. very soon – opened slightly higher this morning. That’s according to the daily market report […]

Nuclear stress tests “every six years” under EU plans

The UK may have to run stress tests on its nuclear power stations every six years under new plans put forward by the European Commission. The EU’s governing body proposed the legally binding reviews last week in yet another example of worldwide efforts to tighten up safety in the wake of the Japanese nuclear disaster […]

Suspected bomb found near Swedish nuclear plant

Security has reportedly been upped at all of Sweden’s nuclear power plants after a suspected explosive was found in a truck on its way to a Swedish nuclear plant yesterday. The plant’s operator Vattenfall confirmed the incident near the Ringhals power plant, which has four reactors and a total installed capacity of 3690MW. About 1500 […]

Japan will ‘stress test’ nuclear plants

Japan will stress test all of its nuclear plants to prevent another nuclear incident like Fukushima, its Minister of Economy, Trade and Industry has announced. The country suffered a triple disaster after a 9-magnitude earthquake hit the country on March 11, causing a tsunami that damaged the reactors at the Fukushima Dai-chi nuclear power plant. […]