July 03, 2009 24/7 News Coverage our time will build eternity
Spain backtracks on nuclear power phase-out
Madrid (AFP) July 2, 2009
Spain's government said Thursday it would allow the country's oldest nuclear reactor to operate beyond its intended 40-year lifespan, reversing a policy of gradually phasing out nuclear power. Industry Minister Miguel Sebastian said the Garona plant in northern Spain, which had been designed to function only until 2011 and whose operating permit expires on Sunday, would now be allowed to ... read more

SKorea proposes independent plutonium reprocessing
Seoul (AFP) July 2, 2009
South Korea's foreign minister called Thursday for a new nuclear accord with the United States that would allow his country to reprocess plutonium for commercial civilian use. An accord signed by the two close allies in 1974 stops South Korea separating plutonium from spent fuel from its civilian nuclear power plants. The pact expires in 2012. "It's necessary to revise the US-SKorea ... more
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  • Japan's Amano wins race to head IAEA
    Vienna (AFP) July 2, 2009
    Veteran Japanese diplomat Yukiya Amano won the contest on Thursday to head the International Atomic Energy Agency, giving him a pivotal role in dealing with Iran's nuclear ambitions. Tokyo's current envoy to the UN nuclear watchdog was chosen after six rounds of voting when he scraped together the requisite two-thirds majority with backing of 23 of the 35 board members. Eleven voted against ... more

    Could boom be ahead of Canadian uranium?
    Waterloo, Ontario (UPI) Jul 2, 2009
    A think tank says the Canadian uranium industry may be better served enriching the mineral itself rather than exporting the raw material and buying back enriched uranium. The Center for International Governance Innovation, which has its offices in Waterloo, Ontario, this week posted "Uranium Enrichment in Canada" on its Web site, concluding that an increase in the number of nuclear plan ... more

    French state nuclear giant Areva invites new investors
    Paris (AFP) June 30, 2009
    French state-controlled nuclear giant Areva said Tuesday it was opening its capital to new investors and would sell a subsidiary to raise money for massive investments in new nuclear technology. The company also said it was considering the sale of its stakes in French metal mining group Eramet and Geneva-based computer chip maker STMicroelectronics. "The AREVA Supervisory Board has ... more

    IAEA race down to three as Belgian candidate quits
    Vienna (AFP) July 1, 2009
    Belgian candidate Jean-Pol Poncelet pulled out of the race to succeed Mohamed ElBaradei as head of the UN atomic watchdog on Wednesday, leaving only three candidates still in the running. International Atomic Energy Agency spokesman Ayhan Evrensel confirmed that Belgium had sent a letter to the agency saying that Poncelet would not stand in a formal vote by the agency's 35-member board of go ... more

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  • Poor planning held up Finnish nuclear reactor: officials


  • France to sell stake in Areva nuclear group: report


  • EU ministers make nuclear safety rules binding


  • German nuclear plant back online after fire
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    Britain, Jordan sign nuclear pact
    London (AFP) June 22, 2009
    Britain and Jordan signed a nuclear cooperation pact here Monday, with Foreign Secretary David Miliband hailing the country's "transparent" approach to developing nuclear energy. Miliband inked the deal with Jordanian counterpart Nasser Judeh in the sidelines of a visit by King Abdullah II, saying Britain was committed to helping the energy-poor Arab country develop its civil nuclear program ... more

    German minister rules out new nuclear power stations
    Berlin (AFP) June 19, 2009
    Germany's economy minister on Friday ruled out building new nuclear power stations but said the life of some reactors might be extended and the development of alternative technologies stepped up. "We need limited extensions until we are able to work with sensible alternative technologies in an economical and environmentally friendly manner," Karl-Theodor zu Guttenberg told the Sueddeutsche ... more

    French minister discusses nuclear project with Kuwait
    Kuwait City (AFP) June 21, 2009
    French Economy Minister Christine Lagarde held talks Sunday with Kuwaiti officials over the Gulf state's plan to set up a civilian nuclear project to produce power. Lagarde told a press conference that during meetings with Kuwait's emir, crown prince and the prime minister, they proposed to "pursue, deepen and accelerate" cooperation on the nuclear project. She said that during the talks ... more

    100 New Reactors Would Result In Up To 4 Trillion Dollars In Excess Costs
    Washington DC (SPX) Jun 22, 2009
    The likely cost of electricity for a new generation of nuclear reactors would be 12-20 cents per kilowatt hour (KWh), considerably more expensive than the average cost of increased use of energy efficiency and renewable energies at 6 cents per kilowatt hour, according to a major new study by economist Dr. Mark Cooper, a senior fellow for economic analysis at the Institute for Energy and the ... more

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  • Russia-Nigeria nuclear deal to be signed during Medvedev visit


  • Moving Forward On Nuclear Power In Ohio


  • Nuclear fuel bank plans held up at IAEA meeting


  • Top US nuclear power generator Exelon cuts 500 jobs
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