Related news from the shining spot of nuclear power in our misguided world, EdF to raise prices.
He said that "electricity in France is 30-40 percent cheaper than in other European countries," and that in the last 25 years the rise of electricity prices in France had never been greater than inflation. EDF needed to catch up, therefore. "We cannot increase directly investment in France as we are doing if we don't also increase sales revenues." EDF had to catch up on prices so that "EDF's success can be secured" otherwise "in ten years' time all of the success of the nuclear industry will be behind us."
EDF needed to catch up, therefore. "We cannot increase directly investment in France as we are doing if we don't also increase sales revenues."
EDF had to catch up on prices so that "EDF's success can be secured" otherwise "in ten years' time all of the success of the nuclear industry will be behind us."
And scrolling down the same page we find there may be serious problems with some fuel rods at Kruemmel.
All 80,000 fuel rods at the plant near Hamburg will be examined from Friday because "it looks as if one or several of the rods in the reactor is defective," said Ernst Michael Zuefle, head of operator Vattenfall's nuclear arm. Kruemmel, one of the oldest of Germany's 17 nuclear power stations, suffered an emergency shutdown on Saturday after a short circuit in one of its transformers and Vattenfall expects it to be offline for at least nine months. It was the second such incident in several days at the plant, which had only re-opened around a week earlier after two years of repairs following a failure in a transformer that had caused a fire and a shutdown. Tuomo Hatakka, head of Vattenfall Europe, said the problems at Kruemmel, which has been operating for over 25 years, "posed no risk to the population." "The safety systems worked at Kruemmel and there is no reason to question them," he told a news conference in Berlin.
Kruemmel, one of the oldest of Germany's 17 nuclear power stations, suffered an emergency shutdown on Saturday after a short circuit in one of its transformers and Vattenfall expects it to be offline for at least nine months. It was the second such incident in several days at the plant, which had only re-opened around a week earlier after two years of repairs following a failure in a transformer that had caused a fire and a shutdown.
Tuomo Hatakka, head of Vattenfall Europe, said the problems at Kruemmel, which has been operating for over 25 years, "posed no risk to the population."
"The safety systems worked at Kruemmel and there is no reason to question them," he told a news conference in Berlin.
i'm shocked they tried to keep in hushed up, (SOP).
dishonest and inefficient, stupid, stupid, stupid.
hubris incarnate ~Government budget deficits are not nearly as dangerous as the deficits we have created in vital and complex natural systems.~ Naomi Klein.
He said that "electricity in France is 30-40 percent cheaper than in other European countries," and that in the last 25 years the rise of electricity prices in France had never been greater than inflation.
Q2: Why does EdF need to raise prices? A: Need cash to increase investment.
Q3: Why not just loan money at sovereign rates instead of raising prices, given that last time that was done EdF became the biggest company in Europe with prices 30-40 % lower than their competitors? A: <head explodes> Peak oil is not an energy crisis. It is a liquid fuel crisis.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
