EDF Public Offering Set for Monday

Electricite de France SA will raise as much as 7 billion euros ($8.2 billion) in an initial share sale that will make it Europe's biggest publicly traded utility.

(snip)

EDF's 58 nuclear reactors produce about 75 percent of France's power, reducing the company's liabilities under European Union rules that started this year to limit emissions of carbon dioxide. Utilities including Essen, Germany-based RWE AG and E.ON have complained that the EU limits have driven up costs.

Interesting.

Technorati tags: Nuclear Energy, Energy, Electricity, Environment, France

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Fluor Invests in NuScale

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Wednesday Update

From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin

NEI Nuclear Notes

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