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The Nuclear Retreat

We coined the term, "Nuclear Retreat" here at Beyond Nuclear to counter the nuclear industry's preposterous "nuclear renaissance" propaganda campaign. You've probably seen "Nuclear Retreat" picked up elsewhere and no wonder - the alleged nuclear revival so far looks more like a lot of running away. On this page we will keep tabs on every latest nuclear retreat as more and more proposed new nuclear programs are canceled.

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Wednesday
Dec032014

And fire makes four

The Tihange 3 nuclear reactor in Belgium was shut down on November 30 due to a fire. It is now the fourth Belgian nuclear reactor to be out of service, as another plant at Tihange and two at Doel have been shut down due to defects or security concerns. The Tihange 3 power station, situated 70 kilometres south-west of the German town of Aachen, shut down automatically after one of its transformers reportedly caught fire. The fire, which has since been extinguished, was caused by an explosion. Belgium is planning to phase out its nuclear fleet. The technical, safety and security problems appear to be accelerating the plan. More.

Wednesday
Nov262014

Exelon looking to close uneconomic nuclear reactors

Exelon is considering shutting down at least three of its uneconomic nuclear power plants -- at Clinton, Quad Cities and Byron. Exelon Corp. owns and operates 11 reactors at six nuclear energy facilities in Illinois. Exelon is trying to point the finger at "energy policies that benefit renewable wind energy" but in reality, nuclear -- especially single units -- is becoming steadily more uneconomical and impractical.

Wednesday
Nov262014

Europe's nuclear giants are close to collapse

Reuters is reporting that the planned new nuclear construction project at Hinkley, Somerset in the UK could still be scrapped. The French project is now looking at funding from Saudi Arabia and China. The British government has agreed to vast subsidies raising the ire of the British public. No final decision to greenlight the project has yet been taken. The prototypes for the EPR reactor design planned for Hinkley -- in Finland and France -- have proven disastrous. Costs continue to sore, delays mount and in-fighting and the blame game characterize the business partnerships.

Steve Thomas, professor of energy policy at the University of Greenwich, London, said: “The [Hinkley] project is at very serious risk of collapse." More.

Wednesday
Nov192014

EdF delays Flamanville reactor another year

The ever moving "completion" date for EdF's Flamanville EPR on the Normandy coast was this week pushed one more year into the future according to the embattled French government-owned utility. EdF now estimates a 2017 completion date but given the endless delays, cost-overruns and bickering, it is an open question whether the reactor will ever be done. This time, EdF is blaming supplier, Areva, for failure to deliver parts.

Meanwhile, Areva saw its stocks plummet as a result of such delays and warned of an "uncertain outlook" for its business.

Wednesday
Oct082014

"IEEFA: FirstEnergy financial condition unlikely to improve"

As reported by FierceEnergy, FirstEnergy has essentially declared war on renewables and efficiency, and is attempting to massively gouge ratepayers, as well as taxpayers, to prop up failing plants like its Davis-Besse atomic reactor. This according to a report by IEEFA -- the Institute for Energy Economics and Financial Analysis.

The article quotes Tom Sanzillo, IEEFA's director of finance:

"FirstEnergy's CEO has called this the 'lost decade. But it has not been a lost decade for other utilities investing in renewables and alternatives to coal,'" Sanzillo said. "FirstEnergy's corporate leadership is lost, and they are asking shareholders, ratepayers and government officials to pay for their management blackout."