BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Oil

Delta, EDF sign agreement to co-develop Dutch nuclear plant

Agriculture | Grains | Energy | Thermal Coal | Oil | Crude Oil | Petrochemicals

Market Movers Asia, Dec 10-14: OPEC coalition agrees to cut output; refiners, traders focus on Feb crude oil loading programs

Oil

Platts Rigs and Drilling Analytical Report (RADAR)

Agriculture | Electric Power | Natural Gas (North American) | Oil | Metals | Petrochemicals

North American Digital Commodities Summit, 2nd Annual

Oil | Crude Oil

Malaysian exports of Kimanis crude in Feb fall 10% on month at 5.4 mil barrels

Delta, EDF sign agreement to co-develop Dutch nuclear plant

    

Delta and EDF have agreed to collaborate on development of a secondnuclear power plant at Borssele in the Netherlands, the Dutch and Frenchutilities said in a joint statement late Wednesday. The signing of a Memorandum of Understanding "commences a new phase in along term process to establish a proper framework that could ultimately leadto a joint development of a nuclear power plant in Borssele," the two said. Delta and EDF would look at the "appropriate contractual structure toincorporate a Joint Development Company which may be established at a laterstage for the development of the project." Should they decide to proceed, Delta and EDF would probably invite thirdparties to act as potential investors and off-takers, they said. Delta said it was encouraged by the positive stance taken by the newDutch government on nuclear development in the Netherlands. EDF's Marc Boudier said the French utility would contribute "itsunparalleled expertise and experience as the operator of 82 nuclear reactorsworldwide, and its Architect/Engineer model." He noted Delta and EDF's collaboration in the 900 MW Sloecentralegas-fired power station in the Netherlands, and EDF's recent acquisition of amajority stake in Belgian utility SPE. "EDF now enjoys a stronger presence inthe Benelux region, an area of major interest in the heart of Europe whichconstitutes a highly significant hub for energy exchange," he said. In June 2009 Delta began a planning application process for up to 2.5 GWof new capacity at the Borssele site in the province of Zeeland. In September this year, RWE-owned Energy Resource Holdings began aseparate planning process for its own 2.5 GW of new nuclear capacity atBorssele. While ERH and Delta each own 50% of EPZ, the company that operatesthe existing nuclear plant at Borssele, ERH said its plan was distinct fromDelta's. --Henry Edwardes-Evans, henry_edwardes-evans@platts.comSimilar stories appear in Power in Europe See more information at http://www.platts.com/Products/powerineurope/