Utility Exchange Contract

Reports state that France’s partially state-owned electric and gas utility GDF Suez confirmed yesterday that it has signed a nuclear co-operation agreement with Brazilian energy companies Eletrobras and Eletronuclear.

This agreement includes the exchange of information and experience that will help to develop Brazil’s nuclear power industry and was signed during a state visit to Brazil by French President Nicolas Sarkozy.

Brazil’s state-owned nuclear energy company, Eletronuclear, received environmental approval in March this year to resume construction of the country’s third nuclear power plant, after construction on the Angra 3 plant as been on hold since the 1980s due to environmental concerns.

Eletronuclear stated that Angra 3 has the potential for an installed capacity of about 1,400 megawatts and should now be operating by the end of 2014.

Two further nuclear power plants in Brazil have a total capacity of about 2,000 megawatts, where as France is far more dependent on nuclear power for electricity than any other nation and incorporates a large nuclear manufacturing sector.

Source article;

http://finance.yahoo.com/news/GDF-Suez-to-share-nuclear-apf-3169378333.html?x=0&.v=1&utm_source=newsletter&utm_medium=email&utm_campaign=sendNuclearHeadlines

Related Posts

Share this post

share on Twitter
share on twitter
share on pinterest
share on linked in
share on google +

Comments are closed.

Join Our Newsletter
Keep up to date with the latest energy news

About Utility Exchange

At Utility Exchange we are passionate about saving money for your business.

The Hub

Weekly Energy Saving Tips, Energy Trends, Life at Utility Exchange and much more.

Compare Business Energy

compare business electric

Electric

compare business electric

Gas

compare business electric

Telecom

compare business electric

Corporate