. Energy News .




.
CIVIL NUCLEAR
Lithuania seals approval of Hitachi nuclear plant deal
by Staff Writers
Vilnius (AFP) June 21, 2012


Lithuania's parliament on Thursday approved a deal with Japan's Hitachi on the construction of a new nuclear plant aimed at reducing the Baltic state's energy dependence on Russia.

Last July, Lithuania invited Hitachi in alliance with General Electric to start talks on building a plant, rejecting a bid by the US-based Westinghouse Electric, owned by Japan's Toshiba Corporation.

The Hitachi package was approved Thursday with 69 votes in favour, two votes against and three abstentions but with most opposition lawmakers in the 141-seat parliament boycotting the vote altogether.

The value of the investment is put at up to 5.0 billion euros ($6.3 billion) and the plant is expected to generate 1,350 megawatts from 2020-2022.

Construction is expected to start in 2015.

Hitachi group will get a 20 percent stake in the project. Lithuania will hold 38 percent, while fellow Baltic states Estonia and Latvia will control 22 and 20 percent respectively though contractual details are still being ironed out.

The new Visaginas power plant is set to replace a Soviet-era facility, closed in 2009 under the terms of Lithuania's 2004 EU entry deal.

The old Ignalina plant provided 70 percent of Lithuania's electricity. Today the country imports over 60 percent of its electricity, mostly from Russia, which is also its sole gas supplier.

"The billions that Lithuania pays every year for imported electricity and gas to produce electricity will stay in our country," Rokas Zilinskas of the governing conservatives told parliament Thursday.

Facing a general election in October which polls show could favour the social democratic opposition, the center-right government insists the project will boost the economy and create 6,000 jobs.

Social democrats blasted the move, insisting the deal was more advantageous to Hitachi than to Lithuania and will push country into debt.

"The world now turns on green energy. Lithuania could also choose this way," social democrat Birute Vesaite said.

Lithuania is also planning to hook into the power grids of Sweden and neighbor Poland by the end of 2015.

The Baltic nation of three million joined European Union and NATO in 2004, 14 years after it split from the Soviet Union.

Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



CIVIL NUCLEAR
Sweden raises security over explosives at nuclear plant
Stockholm (AFP) June 21, 2012
Sweden has tightened security at its three nuclear power plants after routine checks revealed an explosive device planted on a truck inside its southern Ringhals plant, police said Thursday. "Preliminary results from the forensic analysis confirm that it was explosive material. Exactly which type it was and the exact quantity is not something we want to disclose at this point," police said i ... read more


CIVIL NUCLEAR
Anniversary in space - five years of TerraSAR-X

Embedded Educators: Teacher Research Experience in Greenland with Operation IceBridge

Google launches cultural map of Brazil's Amazon tribe

Indra Incorporates Rapideye Satellite Capacity Into Its Earth Observation Service

CIVIL NUCLEAR
Boeing Completes Fifth GPS IIF Satellite for USAF

GPS being used as weather forecast tool

Apple fends off Android challenge with maps, Siri

Boeing, Raytheon and Harris to Pursue GPS Control Segment Sustainment Contract

CIVIL NUCLEAR
Scientists reconstruct pre-Columbian human effects on the Amazon Basin

Palm oil for India 'destroying Indonesian forests'

Expansion of forests in the European Arctic could result in the release of carbon dioxide

Scientists dispel myths, provide new insight into human impact on pre-Columbian Amazon River Basin

CIVIL NUCLEAR
Toward a more economical process for making biodiesel fuel from algae

New 'OPEC' offers sustainable smell of sweet success

Carbon is Key for Getting Algae to Pump Out More Oil

Brazil ethanol plant at risk after protest

CIVIL NUCLEAR
U.S. approves Nevada solar facility

Dow Corning kicks-off research activities at new solar energy development center

TVUSD Awards SOLON Solar Contract

Solar Garden Developer CEC Partners with REC Solar

CIVIL NUCLEAR
Study: Bigger wind turbines are greener

US wind industry gains major new supporters for Production Tax Credit campaign

Scotland issues rare wind farm denial

South Korea partners for offshore wind

CIVIL NUCLEAR
Huge Australian coal mine wins conditional approval

Russia expands presence on Spitsbergen

Australia scraps coal port expansion

Trapped China miner found after 17 days: state media

CIVIL NUCLEAR
China police begin house searches in restive Xinjiang

China's contemporary music scene takes off

Dalai Lama forms unlikely double act on UK tour

China urges eurozone cooperation to resolve crisis


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement