Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  AREVA    AREVA   FR0011027143

AREVA (AREVA)

418
Delayed Quote. Delayed Euronext Paris - 02/27 11:35:00 am
9.414 EUR   +0.56%
02/27 EXCLUSIVE : Areva to cut wage bill 15 percent as prospects worsen - ..
02/27 EXCLUSIVE - ARE : union sources
02/27DJGDF SUEZ CEO : Not Our Calling to Take Areva Stake - Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

AREVA : South Africa Must Consider Nuclear Energy To Meet Demand-Zuma

04/24/2012 | 11:41am US/Eastern

South Africa needs to diversify its energy sources and develop a new mix to its current predominantly coal base, that would include more nuclear energy, the country's president said Tuesday.

The country still struggles to meet energy demand, President Jacob Zuma said at the National Council of Provinces, South Africa's upper house of Parliament.

"To meet these needs and to contribute to the global efforts for renewable and sustainable energy, we need to see broad changes to the way we generate energy by developing a diverse energy mix and encouraging investments in alternative energy sources, including nuclear energy," Zuma said.

South Africa plans to start tenders to build 9,600 megawatts of new nuclear power generation capacity, the department of energy has said.

The majority of South Africa's energy production comes from coal-powered plants run by state-backed Eskom Holdings Ltd. The utility says the country's supply and demand balance will be tight in the next few years while it builds two new coal plants.

France's nuclear engineering company Areva SA (AREVA.FR) is said to be interested in a future South African nuclear energy tender. Russia's Nuclear Energy State Corp., or Rosatom, was in South Africa this month to present to government it's nuclear development capabilities.

-By Devon Maylie, Dow Jones Newswires; +27117837848; devon.maylie@dowjones.com

React to this article
Latest news on AREVA
02/27 EXCLUSIVE : Areva to cut wage bill 15 percent as prospects worsen - union source..
02/27 EXCLUSIVE - AREVA TO CUT WAGE BILL 1 : union sources
02/27 AREVA : GDF Suez : needs Areva to provide nuclear reactors and wind turbines
02/27DJGDF SUEZ CEO : Not Our Calling to Take Areva Stake - Report
02/24 AREVA : warns of 4.9 billion euro loss ahead of new strategy plan
02/24 AREVA : warns of deepened loss in 2014 results
02/24 AREVA : Estimated financial data for 2014
02/23DJAreva Warns of $5.6 Billion Loss
02/23 Areva warns of 4.9 billion euro loss ahead of new strategy plan
02/23 AREVA : and WCS sign Agreement for Independent Interim Used Nuclear Fuel Storage..
Advertisement
Chart
Duration : Period :
AREVA Technical Analysis Chart | AREVA | FR0011027143 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF