GREY:SXRZF - Post by User
Post by
DamonBlackon Jun 10, 2011 10:12am
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Post# 18698535
Germany Will Shut Down Expired Nuclear Power Plant
Germany Will Shut Down Expired Nuclear Power Plant
| Turkish Energy Minister Says Germany Will Shut Down Expired Nuclear Power Plants |
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Thursday, 9 June 2011
Turkish Energy & Natural Resources Minister Taner Yildiz interpreted Germany's shutting down its nuclear power plants as "a decision to shut down the expired ones".
Yildiz, who spoke to reporters on Thursday, assessed Germany's shutting down the nuclear power plants as "it is like putting on the brakes very strongly while driving on the highway".
Yildiz said that four units of nuclear power plant meant nearly 5,000 megawatts of installed power and 40 billion kilowatt hours of electricity generation annually.
In May 2010, Turkey and Russia signed a deal for construction of Turkey's first nuclear power plant in Akkuyu, a small town on the Mediterranean coast, which is expected to cost about 20 billion USD. Russian state-owned atomic power company ROSATOM is likely to start building the Akkuyu nuclear power plant in 2013 and the first reactor is planned to generate electricity in 2018.
Russia will build four 1,200 megawatt units on Akkuyu site, and run the power plant for 60 years. Turkish state-owned electricity corporation has guaranteed to buy a fixed amount of the plant's output over the first 15 years starting from initial commercial operation at a reported price of 12.35 US cents per kWh, with the rest of the electricity to be sold on the open market by the project company.
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