Bon Jour, EDF: British Energy Finds a Bidder

Well, maybe. The British Government solicited bids for its 35% share of British Energy, which runs eight of the ten nuclear energy plants in the country. The last several weeks have seen stories about the Germans (E.ON) and Spanish (Iberdola - they now own Scottish Power) dropping by to kick the tires, and they might still submit bids, but it looks like Electricité de France (EDF), in concert with the British Centrica, has won the prize. This could be considered a disappointment for investors, as the stock has been rising in hopes of a bidding war.

So far, EDF is mum about how much it is bidding, but:

The Daily Telegraph said Friday that EDF and its advisers, Merrill Lynch, were putting together a deal worth between 9.2 billion pounds (11.7 billion euros, 18 billion dollars) and 10.2 billion pounds.

This story from Agence-France - there are many stories about this development out there - suggests that EDF is pushing into the UK market regardless of British Energy.

The Financial Times said the firm had acquired land near Wylfa on the island of Anglesey, north Wales, and Hinckley Point, in the county of Somerset, southwest England.

It said such "stealthy purchases" could allow EDF to build up to three new atomic power stations, regardless of whether it is successful in its bid for British Energy.

And all these aggressive moves have caused alarm for a French competitor, Suez.

Suez has begun intensive lobbying of the Government and the board of British Energy to ensure EdF would not be able to stop other operators building nuclear power stations in the UK.

Seems crybabyish. We're not expert on French business practices, but perhaps Suez ought to just get out there and compete.

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We may have jumped the gun a bit on this one - this is a story containing a fair number of hairpin turns - but we've wanted to get it on our gps devices for awhile and this particular turn in the road seems a good place to leave a marker. As they say in TV Land, stay tuned.

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A Design Team Pictures the Future of Nuclear Energy

For more than 100 years, the shape and location of human settlements has been defined in large part by energy and water. Cities grew up near natural resources like hydropower, and near water for agricultural, industrial and household use.

So what would the world look like with a new generation of small nuclear reactors that could provide abundant, clean energy for electricity, water pumping and desalination and industrial processes?

Hard to say with precision, but Third Way, the non-partisan think tank, asked the design team at the Washington, D.C. office of Gensler & Associates, an architecture and interior design firm that specializes in sustainable projects like a complex that houses the NFL’s Dallas Cowboys. The talented designers saw a blooming desert and a cozy arctic village, an old urban mill re-purposed as an energy producer, a data center that integrates solar panels on its sprawling flat roofs, a naval base and a humming transit hub.

In the converted mill, high temperat…

Sneak Peek

There's an invisible force powering and propelling our way of life.
It's all around us. You can't feel it. Smell it. Or taste it.
But it's there all the same. And if you look close enough, you can see all the amazing and wondrous things it does.
It not only powers our cities and towns.
And all the high-tech things we love.
It gives us the power to invent.
To explore.
To discover.
To create advanced technologies.
This invisible force creates jobs out of thin air.
It adds billions to our economy.
It's on even when we're not.
And stays on no matter what Mother Nature throws at it.
This invisible force takes us to the outer reaches of outer space.
And to the very depths of our oceans.
It brings us together. And it makes us better.
And most importantly, it has the power to do all this in our lifetime while barely leaving a trace.
Some people might say it's kind of unbelievable.
They wonder, what is this new power that does all these extraordinary things?

Seeing the Light on Nuclear Energy

If you think that there is plenty of electricity, that the air is clean enough and that nuclear power is a just one among many options for meeting human needs, then you are probably over-focused on the United States or Western Europe. Even then, you’d be wrong.

That’s the idea at the heart of a new book, “Seeing the Light: The Case for Nuclear Power in the 21st Century,” by Scott L. Montgomery, a geoscientist and energy expert, and Thomas Graham Jr., a retired ambassador and arms control expert.

Billions of people live in energy poverty, they write, and even those who don’t, those who live in places where there is always an electric outlet or a light switch handy, we need to unmake the last 200 years of energy history, and move to non-carbon sources. Energy is integral to our lives but the authors cite a World Health Organization estimate that more than 6.5 million people die each year from air pollution. In addition, they say, the global climate is heading for ruinous instability. E…

NEI Nuclear Notes

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