Deputy Energy Editor, EMEA
Barbara's Feed
Oct 4, 2012

Nuclear operators must act now on safety-EU

BRUSSELS, Oct 4 (Reuters) – Regulators and operators should
act now to improve safety at nuclear power plants, the EU energy
commissioner said on Thursday, following inspections across the
European Union.

The stress tests, carried out in the aftermath of the
Fukushima disaster, found safety improvements costing between 10
billion ($12.90 billion) and 25 billion euros were necessary in
European plants, a draft seen by Reuters showed this week.

Oct 4, 2012

Exclusive: EU poised to agree ban on Iranian gas imports

BRUSSELS (Reuters) – The European Union is poised to ban imports of Iranian gas as part of a set of new measures to ratchet up pressure on the Islamic Republic over its nuclear programme, diplomats said on Thursday.

Diplomats from EU member states have started preparing a package of sanctions against Iran with a goal of formally adopting them at a meeting of foreign ministers on October 15 in Luxembourg.

Oct 4, 2012

EU: nuclear operators should act now on safety

BRUSSELS (Reuters) – Nuclear regulators and operators should act now to improve safety at nuclear power plants, the EU energy commissioner said on Thursday, following a series of inspections across the European Union.

The nuclear stress tests, carried out in the aftermath of the Fukushima disaster, found safety improvements costing anywhere between 10 billion $12.90 billion) and 25 billion euros were necessary in European plants, according to a draft seen by Reuters earlier this week.

Oct 4, 2012

EU poised to agree ban on Iranian gas imports-sources

BRUSSELS, Oct 4 (Reuters) – The European Union is poised to
ban imports of Iranian gas into Europe as part of its efforts to
ratchet up pressure on the Islamic Republic over its nuclear
programme, diplomats said on Thursday.

Diplomats from EU member states have started preparing a
package of sanctions against Iran with a goal of formally
adopting them at a meeting of foreign ministers on Oct. 15 in
Luxembourg.

Oct 2, 2012

EU nuclear reactors need 10-25 billion euros safety spend

BRUSSELS (Reuters) – Europe’s nuclear reactors need investment of 10-25 billion euros, a draft European Commission report said, following a safety review designed to ensure a disaster like Japan’s Fukushima cannot happen.

The Commission is expected to finalize the stress test report by Thursday and then it will be debated by EU ministers later this month.

Oct 2, 2012

EU nuclear reactors need 10-25 bln euros of safety spending

BRUSSELS, Oct 2 (Reuters) – Europe’s nuclear reactor fleet
needs investment of 10 billion to 25 billion euros, a draft
Commission report said, following a safety review designed to
ensure there is never a repeat of the Fukushima nuclear
disaster.

The report is expected to be finalised by Thursday and
debated by EU ministers later this month.

Sep 28, 2012

EU moves step closer to non-Russia gas link-up

BRUSSELS, Sept 28 (Reuters) – Europe moved a step closer to
loosening Russia’s grip on European Union energy supplies after
Italy, Albania and Greece signed an agreement supporting the
construction of a pipeline to deliver gas from Azerbaijan.

At a ceremony in New York on Thursday, the three countries
signed a memorandum of understanding bringing the Trans-Adriatic
Pipeline (TAP) closer to reality, although building was not
likely to commence until 2014 or 2015.

Sep 25, 2012

Kingfisher looks to greener customers to spur growth

BRUSSELS (Reuters) – Kingfisher (KGF.L: Quote, Profile, Research, Stock Buzz), Europe’s biggest home improvement retailer, is saving millions by cutting energy usage and avoiding waste, and is counting on equally green and cost-conscious customers to help it beat the economic downturn, its chief executive said.

Speaking in Brussels, where EU officials are finalizing a new EU law on energy efficiency, Ian Cheshire said Kingfisher’s B&Q chain in Britain had saved 34 million pounds ($55 million) over the last five years by, for example, reducing tax payments on landfill, as well as cutting fuel bills.

Sep 20, 2012

Top emitter China agrees to work with EU to cut carbon

BRUSSELS (Reuters) – China, the world’s biggest carbon dioxide emitter, has struck a deal to work with the European Union to cut greenhouse gases through projects including the development of Chinese emissions trading schemes, the European Commission said on Thursday.

The European Union and China have frequently clashed over climate policy and Beijing has flouted EU law requiring all airlines using European airports to pay for their emissions through the EU’s Emissions Trading Scheme (ETS).

Sep 19, 2012

EU officials hold preliminary talks on propping up carbon market

BRUSSELS/LONDON, Sept 18 (Reuters) – EU technical experts on
Wednesday held a preliminary discussion on proposals to prop up
the EU Emissions Trading Scheme, with Poland standing out as the
sharpest opponent, while the majority of nations took no firm
position, EU sources said.

The closed-door meeting did not get as far as a serious
debate about how many allowances should be withheld from the
next stage of the Emissions Trading Scheme (ETS) beginning next
year, one source said on condition of anonymity.