Word: reactors
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Dates: during 2000-2009
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...With the long nuclear winter finally over, you might think that execs at Areva, the world's biggest nuclear-energy company, are strutting just now. But you'd be wrong. The state-owned French giant is scrambling not just to rectify a series of snafus at a high-profile reactor it's building in Finland, but also to raise more than $10 billion in new capital and weather the loss of an important industrial partner. All that has raised concerns that CEO Anne Lauvergeon - who fused a disparate collection of firms into the first one-stop-shop nuclear conglomerate, winning...
...Luckily for Areva, it retains a handy lead over its rivals. Created in 2001 when Lauvergeon combined state-owned uranium-mining and fuel-recycling company COGEMA with nationalized reactor builder Framatome, Areva is still the first place that countries or power companies go when looking for all of their nuclear services - supplying and enriching uranium, building and managing plants, disposing of their waste - under a single roof. The Paris-based firm operates in more than 100 countries and employs some 75,000 people. Its order book boasts an impressive $67.5 billion worth of contracts, the most in the business...
...Nuclear World On paper, at least, Areva is perfectly positioned for the nascent boom. In addition to the 47 new plants under construction worldwide, there are 133 planned for the next decade. Industry analysts predict a further 200 new reactors between now and 2050. At around $7 billion a pop, the payday for the biggest players - Areva, Russia's Rosatom, Toshiba-owned Westinghouse, Mitsubishi Nuclear Energy Systems and a joint venture between General Electric and Hitachi - promises to be huge as countries around the world turn to alternatives to coal and oil to meet rising demand for clean electricity...
...that he was not going to be the leading man. But he was intent on being the best second lead there was. He had so many wonderful roles, in films from A Streetcar Named Desire--for which he won an Oscar--to On the Waterfront. He was an amazing reactor. For San Francisco, we were on location six days a week, and Karl used to pull me aside to work on our lines for the next week so that we would have them memorized for the first rehearsal...
Traffic lights suddenly went black in Hamburg, Germany's biggest port, on Saturday afternoon after a nearby nuclear reactor called Krümmel shut down when a transformer short-circuited. Although nobody was hurt and the lights were back on by nightfall, the accident has reignited the debate over nuclear power in Europe's most vehemently anti-nuclear country. But as Germany gears up for federal elections in September, a generational shift in attitude could mean that opposition to nuclear power isn't the vote winner it once...