Nuke Problems in Romania

More nuclear financial fun. This time in Eastern Europe.

Nuclear Power: Curse or Opportunity? - BalkanInsight.com - 08 Dec 08

"Romania is experiencing similar cost-related problems with its nuclear plant. The two 700 MW nuclear units were initially estimated, in 2006, at 2.3 billion euros, but more recent official estimates put the price at 4 billion euros. If costs of raw materials and equipment continue to grow at the same rate, it is unlikely this figure will be the final one.

'By the end of December we have to reach an agreement with the investors,' says Teodor Chirica, general director at Nuclearelectrica, the state-owned company that will own 51 per cent of the project, the same percentage as the state in Bulgaria. The difference is that the rest of the shares will be split among six international investors."

Nuke Problems in Romania

More nuclear financial fun. This time in Eastern Europe.

Nuclear Power: Curse or Opportunity? - BalkanInsight.com - 08 Dec 08

"Romania is experiencing similar cost-related problems with its nuclear plant. The two 700 MW nuclear units were initially estimated, in 2006, at 2.3 billion euros, but more recent official estimates put the price at 4 billion euros. If costs of raw materials and equipment continue to grow at the same rate, it is unlikely this figure will be the final one.

'By the end of December we have to reach an agreement with the investors,' says Teodor Chirica, general director at Nuclearelectrica, the state-owned company that will own 51 per cent of the project, the same percentage as the state in Bulgaria. The difference is that the rest of the shares will be split among six international investors."

Ocean Current Baseload for Italy and Florida?

I've always thought that this was an under-appreciated technology.

Ocean Currents May Bring Italy More Tidal Energy - Renewable Energy World - 09 Dec 08

"A 500-kilowatt (kW) tidal power prototype that could be scaled up for ocean use is set to be tested next August in the Strait of Messina, a stormy stretch of sea separating Italy's mainland from Sicily.

If the trial is successful, an even more powerful tidal power plant could be ready for mass production in about five years time, and installed not just in the seas off Italy but also in the Gulf of Florida and other coastal sites with stronger currents.

Tests so far of the Sea Power tidal device on open sea have been successful, said Werner Ebner from Fri-El Green Power, the company based Italy and developing the Sea Power power plant."

Ocean Current Baseload for Italy and Florida?

I've always thought that this was an under-appreciated technology.

Ocean Currents May Bring Italy More Tidal Energy - Renewable Energy World - 09 Dec 08

"A 500-kilowatt (kW) tidal power prototype that could be scaled up for ocean use is set to be tested next August in the Strait of Messina, a stormy stretch of sea separating Italy's mainland from Sicily.

If the trial is successful, an even more powerful tidal power plant could be ready for mass production in about five years time, and installed not just in the seas off Italy but also in the Gulf of Florida and other coastal sites with stronger currents.

Tests so far of the Sea Power tidal device on open sea have been successful, said Werner Ebner from Fri-El Green Power, the company based Italy and developing the Sea Power power plant."