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The French Nuclear Medusa

The French Nuclear Medusa - or La Meduse Française Nucléaire - formerly appeared in our weekly email Bulletin but, due to Bulletin formatting changes, will now appear here and on the Nuclear Retreat page as a short article. The Medusa exposes the tentacles of the French nuclear complex - including the French government-owned nuclear corporation, Areva as well as as the French electric utility, Électricité de France. ("Meduse" is French for "jellyfish." Medusas before October 16, 2008 are published in a special Beyond Nuclear booklet found under Additional Resources and which can also be ordered by calling Beyond Nuclear at 301-270-2209.)

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Friday
Jun172011

Adieu at last to Areva's "Atomic Anne"

Anne Lauvergeon has been ousted as the CEO of Areva, the mostly government-owned French energy corporation. Lauvergeon was bounced before the conclusion of her term and replaced by Luc Oursel, Areva’s head of marketing and projects. Under Lauvergeon Areva was plagued by construction delays and cost overruns on a nuclear plant in Finland, as well as spats with Electricite de France, the French state utility. Beyond Nuclear protested the hypocrisy of the selection of Lauvergeon as keynote speaker at a non-proliferation conference in Washington, DC in 2009. Areva is responsible for the proliferation of nuclear technology across the globe, which can lead - and has - to the development of nuclear weapons programs.

Wednesday
Jun082011

Areva halts construction of reactor components plant

Citing unfavorable market conditions, Areva announced that it will indefinitely suspend construction of the Areva Newport News manufacturing facility. The plant was to supply heavy parts like reactor vessels and steam generators for Areva’s U.S. EPR reactor.

Wednesday
Jun082011

Areva backs off African mines and US reactors

Areva may proceed more slowly with spending on African mines and plant construction in the U.S. The decision was designed to mitigate the negative effects on the company's cash flow and debt. Areva fell 93 cents, or 3.4 percent, to 26.27 euros at 1:21 p.m. in Paris. The stock has dropped 28 percent this year.

Friday
Jan212011

Medusa, January 26, 2011

Wednesday
Nov242010

Medusa, November 23, 2010