Tag Archives: Siemens

Trouble on Nuclear Island: More in-fighting pushes back completion of new Finnish nuclear reactor

When a nuclear power plant is behind schedule or over budget, nuclear proponents like to blame pesky safety regulations or those darned environmentalists. As I told you last Thursday in a post on the expansion project at the Koeberg nuclear … Continue reading

Posted in Areva, Construction delays, Cost overruns, Finland, Nuclear Renaissance, Olkiluoto, Siemens | Tagged , , , , , | Leave a comment

German industrial giant Siemens abandoning nuclear power

Reuters reported earlier today: Siemens is exiting nuclear power in response to the German government’s decision to quit the energy source, leading it to scrap a venture with Russia’s Rosatom, its chief executive said. “The (nuclear) chapter is closed for … Continue reading

Posted in Europe, Finance | Tagged , , | Leave a comment