US regulator denies license to EDF

French utility EDF (Euronext: EDF)has been turned down for a license to operate a new nuclear reactor at Calvert Cliffs in Mary land after the US regulator ruled that the bid contravenes its foreign ownership law.

The Atomic Safety and Licensing Board, part of the US Nuclear Regulatory Commission, denied the application on the grounds that foreign companies, such as EDF, are not allowed to control US nuclear plants.

Nuclear power plant

EDF had been hoping to keep its licence application alive on the grounds that it was looking for an American partner in the project.

The US regulator has added that “should the foreign ownership situation change, [the] applicants may motion to reopen the record”.

The decision is also a blow to the hopes of Areva, the French nuclear engineering company, which would have supplied the reactor.

For more nuclear energy news

     

 

Share
     


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...