As anticipation grows about a possible renaissance for the nuclear power industry - and about its potential for curbing greenhouse gas emissions - some politicians are stepping up warnings about the high cost of such projects.
Last week, Traicho Traikov, the Bulgarian economy and energy minister, said the cost of building a second plant near the Danube River had reached 9 billion euros, or $11.4 billion, according to the Sofia News Agency.
Nuclear Energy
New Warnings About Costs of Nuclear Power
Nuclear Energy Loses Cost Advantage
PARIS — Solar photovoltaic systems have long been painted as a clean way to generate electricity, but expensive compared with other alternatives to oil, like nuclear power. No longer.
Nuclear Power Revival for GE Leaves Waste Unsolved
Oct. 20.-- When 65 scientists met at Princeton University in 1955 to decide where to permanently store radioactive waste from nuclear power plants, their conclusion was simple: Bury it deep underground, far from earthquakes.
Iberdrola Grp To Acquire UK NDA Sellafield Site
LONDON --A multinational consortium comprising Iberdrola SA (IBE.MC), GDF Suez SA (GSZ.FR) and Scottish and Southern Energy PLC (SSE.LN) Wednesday became the third potential new nuclear power plant operator in the U.K. following its acquisition of land near the Sellafield nuclear complex.
Gazprom: another step ahead towards becoming Europe's largest gas storage facility
According to Financial Times, Gazprom, the Russian energy group, has reached an agreement to makes use of a gas storage facility en the Netherlands, developed by a branch of Taqa, the Abu Dhabi enegy company.
This is another step for Gazprom export division in its race to become Europe's largest gas storage facility before it goes into commercial use in 2013
EUROPE: Big Plans, But Little Money to go Nuclear
BUDAPEST, Jun 8 (IPS) - Eastern Europe is promoting nuclear energy as the only way to tackle climate change and reduce dependence on Russian gas, in spite of costs of going nuclear that it cannot meet.
Amid the last Ukrainian-Russian gas spat early this year, officials from several Central and Eastern European countries were quick to point to the need for nuclear energy to reduce problematic imports of Russian gas.
ASSETS IN GOOD HANDS.
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