Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, March 29, 2012

UK Feels the Fallout from Nuclear Industry Woes


UK Feels the Fallout From Nuclear-Industry Woes
Wall Street Journal
By ANDREW PEAPLE Nuclear power has fallen out of fashion fast since last year's Fukushima accident; now even supportive governments can't catch a break. German utilities RWE and E.ON on Thursday scrapped plans to invest £15 billion ($23.8 billion) ...


RWE, E.ON scrap $24 bln British nuclear plan
Reuters
The companies said Germany's sudden decision to phase out nuclear power, the high running costs of their Horizon joint venture and the long lead times required for nuclear plants resulted in the decision to sell the venture. "A strategic decision has ...
RWE, E.ON scrap $24 billion British nuclear plan
Reuters
DE) have pulled out of a 15 billion pound ($23.78 billion) plan to build new nuclear power stations in Britain, throwing into doubt the UK government's push for a new fleet of nuclear plants by 2025. The companies said Germany's sudden decision to ...
Germany's E.ON, RWE to give up UK nuclear power project, joint venture
Washington Post
BERLIN — Germany energy companies RWE AG and E.ON AG are giving up their plans to build nuclear power stations in Britain and intend to sell a joint venture they set up to pursue the project. The two companies set up Horizon Nuclear Power in late 2009.
RWE, E.ON Scrap UK Nuclear Plans
Wall Street Journal
By SELINA WILLIAMS And JAN HROMADKO LONDON—In a huge blow to UK government plans to develop new nuclear power, German utilities E.ON AG and RWE AG said Thursday they were scrapping their partnership plans in the UK and are seeking a buyer for their ..
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RWE, E.ON Scrap UK Nuclear In Big Blow To Government Plans
Wall Street Journal
By Selina Williams and Jan Hromadko Of DOW JONES NEWSWIRES LONDON (Dow Jones)--In a huge blow to UK government plans to develop new nuclear power, German utilities E.ON AG (EOAN.XE) and RWE AG (RWE.XE) said Thursday they were scrapping their plans in ...

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