Saturday, July 2, 2011

News of Nuclear's Death Has Been Greatly Exaggerated

UPDATE 1-Fennovoima invites bids to build nuclear plant | Reuters

Look for E. On to join other German generators in driving up subsidies for offshore wind - as it concurrently has subsidiaries building nuclear plants elsewhere.
To enter operation around 2021.
hmmm ... maybe for exporting to some market lacking reliable supply?

"Finnish nuclear power consortium Fennovoima said it has invited France's Areva and Japan's Toshiba Corp to bid for construction of a new nuclear power plant.

The bids would be for delivery and construction of reactor and turbine islands, Fennovoima, a consortium led by German utility E.ON's (EONGn.DE) Finnish subsidiary, said on Friday...

The new reactors are expected to come online by around 2020, raising Finland's total number of reactors to seven."

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