Areva to work on California nuclear plant
Areva has said FNEG is a group of investors that wants to acquire the socalled EPR, or European Pressurized Reactor, technology for California.
EPR reactors are under construction in France, Finland and China, and the certification process is under way in the United States and Britain.
In California, Areva said that it has signed an agreement with FNEG to jointly select a site and work on the initial development of a 1,600megawatt EPR unit.
Our goal is to create a powerproducing infrastructure that combines clean electric energy sources, including nuclear, solar, and future technologies, said John Hutson, president of FNEG, in a statement.
Once the site is selected, FNEG and Areva will also start developing solar power.
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How Bitcoin's vast energy use could burst its bubble
LONDON - The University of Cambridge Centre for Alternative Finance (CCAF) studies the burgeoning business of cryptocurrencies.
It calculates that Bitcoin's total energy consumption is somewhere between 40 and 445 annualised terawatt hours (TWh), with a central estimate of about 130 terawatt hours.
The UK's electricity consumption is a little over 300 TWh a year, while Argentina uses around the same amount of power as the CCAF's best guess for Bitcoin.
And the electricity the Bitcoin miners use overwhelmingly comes from polluting sources.
The CCAF team surveys the people who manage the Bitcoin network around the world on their energy use and found that…
