Construction of floating power station on hold
CORDOBA, ARGENTINA - The construction of Russia's first floating nuclear power plant, Academiciam Lomonosov, has been put on hold because the Sevmash factory, its main contractor, is facing budget shortfalls.
The company is a Defense Ministry factory whose priority is fulfilling military orders.
In May, Russian officials announced that the delay in the building of the floating nuclear power plant would not last more than five months, adding that the plant would be ready in 2011 instead of the originally estimated date of 2010.
The controversial power station is equipped with two 30-MW KLT40C reactors housed in ice-breaking vessels. The construction, which is estimated at more than $336 million, is 60% complete.
The floating nuclear power plant will supply electricity to the town of Severodvinsk and will cover the nearby Sevmash shipbuilding plant's energy needs.
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Two new electricity interconnectors planned for UK
LONDON - Ofgem has opened bids to build two electricity interconnectors between the UK and continental Europe.
The energy regulator said this would “bring forward billions of pounds of investment” in the subsea cables, which can import cheaper energy when needed and export surplus power from the UK when it is available.
Developers will be invited to submit bids to build the interconnectors next year. Ofgem will additionally run a pilot scheme for ‘multiple-purpose interconnectors’, which are used to link clusters of offshore wind farms to an interconnector.
This forms part of the UK Government drive to more than double capacity by 2030,…
