April 05, 2007 24/7 Energy News Coverage cleaner, cheaper energy today
Weighing The Financial Risks Of Nuclear Power Plants
Berkeley CA (SPX) Apr 05, 2007
Enticed by the gleam of government subsidies, many companies are rushing to invest in nuclear power, expecting that new technology and safer reactors will make them as good an investment as other types of power plants. A new study appearing in the April 1 issue of the journal Environmental Science and Technology notes, however, that the country's history of unexpected cost overruns when building nuclear plants should sound a cautionary note for power companies that nuclear power may not be financially attractive ... read more
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    Florida To Build Strongest Magnet Yet For Neutron Scattering Experiments
    Tallahassee FL (SPX) Apr 05, 2007
    The Hahn-Meitner Institute in Berlin has contracted with the National High Magnetic Field Laboratory and Florida State University to build an $8.7-million hybrid magnet for "neutron scattering" experiments. When finished in 2011, the new, high-field magnet, which is based on the magnet lab's Series-Connected Hybrid concept, will be housed at the Berlin Neutron Scattering Center. The magnet ... more

    Alstom And Atomenergomash Launch Joint Energy Venture In Russia
    MOSCOW, April 2 (AFP) Apr 02, 2007
    The French industrial group Alstom and Atomenergomash of Russia agreed Monday to establish a joint venture to build turbines and nuclear reactors, Alstom said in a statement. Atomenergomash is to own 51 percent of the new group, while Alstom will hold the remaining 49 percent, with each investing 200 million euros (270 million dollars) in the venture, it added. "The joint-venture com ... more

    Africa Great Lakes Gas Project Will Defuse Underwater Timebomb
    Kinshasa, DR Congo (AFP) April 4, 2007
    With their recent agreement to extract methane gas from under Lake Kivu, one of Africa's Great Lakes, DR Congo and Rwanda hope not only to produce power but also to defuse a massive timebomb. "The reserves are currently estimated at around 55 billion cubic metres (two trillion cubic feet)," said Celestin Kasereka, researcher at nearby Goma's volcanic observatory. "The danger with the ... more

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