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German consortium Areva-Siemens is to take TVO to arbitration in a dispute over delays and cost overruns at the Olkiluoto 3 reactor, the Finnish nuclear plant operator said on Wednesday. In October, TVO was told by the consortium that the 1,600 MW reactor -- the first to be constructed in Western Europe for more than a decade -- would be further delayed to 2012 from its initial start-up target of 2009.

The Nuclear Regulatory Commission has made available to the public the combined license (COL) application for a new reactor at the Bell Bend site near Berwick, Pa. The applicant, PPL Bell Bend, submitted the application and associated information Oct. 13. The application, minus proprietary or security-related details, is available on the NRC Web site at: http://www.nrc.gov/reactors/new-reactors/col/bell-bend.html. The PPL application seeks approval to build and operate an Evolutionary Power Reactor (EPR) at the site, about seven miles southeast of Berwick. The EPR is an Areva-designed pressurized water reactor, with a nominal output of approximately 1,600 megawatts of electricity. Areva filed its application to certify the design on Dec. 11, 2007. A version of the EPR is currently under construction at the Olkiluoto site in Finland and at Flamanville, France. The EPR application, minus proprietary or security-related details, is available on the NRC Web site at: http://www.nrc.gov/reactors/new-reactors/design-cert/epr.html.

Areva's Evolutionary Power Reactor in Olkiluoto, Finland, began construction in 2005 and is scheduled to be on line in 2011. Areva has four EPRs under construction in three countries. In the U.S., three companies have submitted four applications for EPRs as efforts to construct nuclear reactors ramp up in this country.

The Nuclear Regulatory Commission has made available to the public the combined license (COL) application for a new reactor at the Nine Mile Point site near Oswego, N.Y. The applicant, UniStar, submitted the application and associated information Sept. 30. The application, minus proprietary or security-related details, is available on the NRC Web site at: http://www.nrc.gov/reactors/new-reactors/col/nine-mile-point.html. The UniStar application seeks approval to build and operate an Evolutionary Power Reactor (EPR) at the site, approximately six miles northeast of Oswego. The EPR is an Areva-designed pressurized water reactor, with a nominal output of approximately 1,600 megawatts of electricity. Areva filed its application to certify the design on Dec. 11, 2007. A version of the EPR is currently under construction at the Olkiluoto site in Finland and at Flamanville, France. The EPR application, minus proprietary or security-related details, is available on the NRC Web site at: http://www.nrc.gov/reactors/new-licensing/design-cert/epr.html.

Finland's plans to build the world's first next-generation pressurised water reactor has hit a rough patch as the initial estimated price tag has now doubled to nearly 4.5 billion euro. Areva, the French nuclear construction company building the power plant, announced that the final costs for the reactor will be 50 percent higher than originally estimated, according to Les Echos, a business newspaper. The reasons for the increase in building costs at the power plant in Olkiluoto include both rising global prices for materials and the need for Areva to bring in additional skilled workers "to ensure a quality product". This could have something to do with a recent report issued by Greenpeace condemning the safety and quality of essential welding on the plant. Confidential sources within the construction site reported that the welds were being done by unqualified welders and inspected by unqualified supervisors.

Many people seem to be holding up nuclear power as the answer to our current energy crisis. I don't believe nuclear power is the answer for several reasons, with its high cost being the main reason. Nuclear power construction costs are huge. The costs and economic failure of nuclear power construction in the 1970s and 1980s were described by Forbes magazine as "the largest managerial disaster in U.S. business history, involving $100 billion in wasted investments and cost overruns, exceeded in magnitude only by the Vietnam War and the savings and loan crisis." These high costs are not just a thing of the past. Currently, Finland is constructing the Olkiluoto-3 reactor, which is at least 24 months behind schedule after 28 months, and at least 50 percent over budget. Maybe that is why, in 2007, new nuclear received no investment from private capital, whereas decentralized renewables worldwide received $71 billion.

Finland, August 2008 - Confidential documents obtained by Greenpeace reveal that basic safety procedures have not been followed in the construction of the European Pressurised Reactor (EPR) Olkiluoto 3 (0L3) in Finland. Greenpeace is calling for an immediate end to construction work on the reactor. Independent nuclear safety expert Dr. Helmut Hirsh [1] has reviewed the documents and concluded that the safety violations are "a clear case of bad practice and an indicator of bad safety culture", and give "reason for serious concern regarding the resistance of the reactor building of OL3", increasing the risk associated with external events like earthquakes, blast waves from explosions or missile impact.

Finland's nuclear safety officials on Wednesday demanded that power utility TVO explain alleged irregularities during the construction of the country's new 1,600-megawatt atomic power plant. The Radiation and Nuclear Safety Authority said it is concerned about reports that French company Bouygues (other-otc: BOUYF.PK - news - people ), in charge of construction of the Olkiluoto 3 plant - ordered employees not to report about onsite work methods to TVO.

French nuclear group Areva is facing a 50 percent rise to the cost of building the world's first next-generation pressurised water reactor in Finland, the business daily Les Echos reported Thursday. The cost of constructing the plant at Olkiluoto has risen from three billion to 4.5 billion euros (6.7 billion dollars), the paper reported citing an unidentified source.

The Nuclear Regulatory Commission has made available to the public the combined license (COL) application for a new reactor at the Callaway site near Fulton, Mo. The applicant, Ameren, submitted the application and associated information July 28. The application, minus proprietary or security-related details, is available on the NRC Web site at: http://www.nrc.gov/reactors/new-reactors/col/callaway.html. The Ameren application seeks approval to build and operate an Evolutionary Power Reactor (EPR) at the site, approximately 10 miles southeast of Fulton. The EPR is an Areva-designed pressurized water reactor, with a nominal output of approximately 1,600 megawatts of electricity. Areva filed its application Dec. 11, 2007, to certify the design. A version of the EPR is currently under construction at the Olkiluoto site in Finland and at Flamanville, France. The EPR application, minus proprietary or security-related details, is available on the NRC Web site at: http://www.nrc.gov/reactors/new-reactors/design-cert/epr.html.

The construction site at the Olkiluoto III nuclear reactor.

Greenpeace's 44-metre anti-nukes blimp was put into the air over Olkiluoto in June. The balloon has been taken all over the world to Areva nuclear reactor sites.

Opponents of nuclear power from Finland and farther afield are to set up camp in Eurajoki next week, the Finnish Society for Nature and Environment said in a statement Tuesday. Finland's fifth nuclear power station is being built at Olkiluoto in Eurajoki.

Poor planning has led to rising costs and huge delays for a nuclear reactor going up in Finland, the country's biggest-ever construction project, officials have said. The plant on the island of Olkiluoto in western Finland, to be run by Finnish nuclear power company TVO, was meant to start production this summer. But it is now not expected to open for another three years and Finnish authorities cannot hide their disappointment with Areva-Siemens, the Franco-German contractor running the building operations.

"On an island in the Baltic Sea, Finland is building what it calls a permanent underground repository for spent nuclear fuel-but that depends on your definition of permanent. IEEE Spectrum writer Sandra Upson takes a trip to Olkiluoto Island to report on the construction of the Onkalo facility, bringing a science-literate but smartly skeptical view to her topic: Posiva, the Finnish company building an underground repository here, says it knows how to imprison nuclear waste for 100,000 years. These multimillennial thinkers are confident that copper canisters of Scandinavian design, tucked into that bedrock, will isolate the waste in an underground cavern impervious to whatever the future brings: sinking permafrost, rising water, earthquakes, copper-eating microbes, or oblivious land developers in the year 25,000. If the Finnish government agrees-a decision is expected by 2012-this site will become the world's first deep, permanent repository for spent nuclear fuel."

"Studsvik of Sweden has signed a contract with Finland's Teollisuuden Voima Oyj (TVO) for the dismantling and metal recycling of old steam generators from the Olkiluoto nuclear power plant. Studsvik-steam generator A steam generator for treatment at Studsvik (Image: Studsvik) Studsvik's facility near Nyköping, Sweden, melts metal scrap, such as stainless steel, carbon steel, copper, aluminium or lead. Melting reduces the volume and weight of the waste, resulting in reduced costs for interim on-site storage and final disposal. The end-product is metal ingots, which can either be immediately free-released as conventional scrap metal or released after a period of decay storage. Residual products (slag, sorted material, cutting and blasting residues and dust from the ventilation filters) and ingots that cannot be free-released are returned to the customer."

France's Areva (CEPFi.PA: Quote, Profile, Research, Stock Buzz) took an unspecified provision for delays to a next-generation nuclear reactor project in Finland on Friday but the setback failed to dent a sharp rise in profits amid fears over high oil prices.

Finland's fifth nuclear power plant, which is currently under construction, has been put on ice pending new studies on the safety of its building methods. The suspension resulted from a report recently issued by Greenpeace that found irregularities in the welding. Although Finland's nuclear safety authority (STUK) rejected many of the claims made by Greenpeace, it will conduct intensive studies on the safety and quality of the welds, which are critical parts of the reactors' structure. STUK's Assistant Director Petteri Tiippana said, "The ministry will ask for a report from us on this issue very soon and we are planning to respond to that within the next week".

A new report out today casts doubt on the ability of the nuclear industry to deliver its promised new reactors. French companies EDF and Areva, who are at the forefront of the new worldwide reactor design and building programme, have been making serious investments in foreign markets where they hope to build new reactors, including here in the UK. As a consequence they are heavily in debt. Today, EDF announced the issue of new bonds in an effort to raise fresh cash. With the outlook for new build looking increasingly uncertain, the future of both EDF and Areva is now also coming under scrutiny.

A new report out today casts doubt on the ability of the nuclear industry to deliver its promised new reactors. French companies EDF and Areva, who are at the forefront of the new worldwide reactor design and building programme, have been making serious investments in foreign markets where they hope to build new reactors, including here in the UK. As a consequence they are heavily in debt. Today, EDF announced the issue of new bonds in an effort to raise fresh cash. With the outlook for new build looking increasingly uncertain, the future of both EDF and Areva is now also coming under scrutiny.

The fall-out from Copenhagen has left the world's biggest "carbon criminals", among them Australia, exposed on climate change. With the overthrow of Malcolm Turnbull in the Liberal party along with the proposed ETS, the ascension of Tony Abbot and his emphasis on "direct action" it was inevitable that the federal Opposition would revisit nuclear power as an option for a low-carbon future in Australia. Given the recent sobering Government report on carbon capture and storage, "clean coal" seems less and less as the likely saviour.

The fall-out from Copenhagen has left the world's biggest "carbon criminals", among them Australia, exposed on climate change. With the overthrow of Malcolm Turnbull in the Liberal party along with the proposed ETS, the ascension of Tony Abbot and his emphasis on "direct action" it was inevitable that the federal Opposition would revisit nuclear power as an option for a low-carbon future in Australia. Given the recent sobering Government report on carbon capture and storage, "clean coal" seems less and less as the likely saviour.