Russia, Uzbekistan Sign Nuclear-Cooperation Agreement

Russia’s Rosatom State Atomic Energy Corporation and Uzbekistan have signed a nuclear-cooperation agreement that Rosatom says will pave the way for bilateral cooperation “in many aspects of civil nuclear energy.” Rosatom said the agreement was signed on December 29 by its Director-General Aleksei Likhachyov and Uzbek Deputy Prime Minister Nodir Otajonov. “The collaboration could include …

French, Japanese concerns to buy Areva’s reactor-building unit

PARIS — A trio of French and Japanese companies will acquire the mainstay reactor-construction business of struggling French nuclear group Areva, while its nuclear fuel unit turns to Asia to stabilize shaky profits. Areva suffered net losses for six straight years through 2016, stemming mainly from delays on a power plant project in Finland. As …

Nuclear, renewables to help French CO2 reduction goals, Macron says

PARIS (Reuters) – French President Emmanuel Macron said on Sunday he would not follow Germany’s example by phasing out nuclear energy in France because his priority was to cut carbon emissions and shut down polluting coal-fired production. “I don’t idolize nuclear energy at all. But I think you have to pick your battle. My priority …

Russian and Brazilian firms to cooperate in nuclear power

Russia’s Rosatom has signed a memorandum of understanding (MoU) with Brazilian companies Centrais Elétricas Brasileiras (Eletrobras) and Eletrobras Termonuclear SA (Eletronuclear) to promote cooperation in nuclear power. It includes the possible construction of a new nuclear power plant in Brazil, Rosatom said. The MoU also covers services, including operation, maintenance and decommissioning work; nuclear fuel …