Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Areva    AREVA   FR0011027143

AREVA (AREVA)

Real-time Quote. Real-time Tradegate - 04/28 09:56:26 pm
4.217 EUR   +0.40%
08:03pDJAreva Revenue Takes Hit on Lower Uranium Deliveries
04/25DJShares in EDF Dive on First Day of Trading After Company Unveils ..
04/25DJShares in EDF Dive After it Unveils $4.5 billion Capital-Raising ..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/24/2012 | 05:41pm CEST

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on AREVA
08:03pDJAreva Revenue Takes Hit on Lower Uranium Deliveries
04/27 AREVA : Florida Power & Light Company; St. Lucie Plant, Unit No. 2
04/25DJShares in EDF Dive on First Day of Trading After Company Unveils $4.5 billion..
04/25DJShares in EDF Dive After it Unveils $4.5 billion Capital-Raising Plan
04/22 EDF DELAYS HINKLEY POINT DECISION TO : sources
04/22DJFrench Government to Lead $4.49 Billion Capital Increase for Power Utility ED..
04/22DJFrance to Lead $4.49 Billion Capital Increase for Utility EDF
04/22DJEDF : French Power Utility EDF to Raise EUR4 Billion in New Shares to Finance Pr..
04/19 EDF staff investors demands France buys out minorities in nuclear dispute
04/18 French nuclear watchdog says investigating falsified engineering reports
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials