{"id":3613,"date":"2013-05-28T08:27:11","date_gmt":"2013-05-28T12:27:11","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/?p=3613"},"modified":"2013-05-28T08:28:37","modified_gmt":"2013-05-28T12:28:37","slug":"owners-want-out-of-uranium-enrichment-company","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2013\/05\/owners-want-out-of-uranium-enrichment-company.html","title":{"rendered":"Owners want out of uranium enrichment company"},"content":{"rendered":"

\r\n\r\n<\/a>\r\nMaybe Southern Company and Georgia Power should listen to Urenco’s owners:\r\nthe nuclear industry is flatlining after Fukushima.\r\n<\/p>\r\n

\r\nStanley Reed wrote for Dealbook.Nytimes.com 27 May 2013,\r\n\r\nPowerhouse of the Uranium Enrichment Industry Seeks an Exit<\/a>,\r\n

\r\n

\r\nThe company that operates this uranium enrichment center, Urenco, is\r\nthe world leader in the field. It is also plumply profitable. So why\r\nare its owners eager to sell it?\r\n<\/p>\r\n

\r\nThe answer, as with many things involving nuclear power, is a\r\ncombination of economics, geopolitics and the Promethean prospect of\r\nan energy source that is as potentially green and abundant as deadly\r\ndangerous….\r\n<\/p>\r\n<\/blockquote>\r\n

\r\n

\r\nAnalysts estimate Urenco’s market value at about 10 billion euros.\r\nFor all that momentum, though, the company is at a crossroads.\r\nGrowth may flatten in the next couple of years, executives say,\r\nmainly because Japan — a major user of nuclear power until the\r\n2011 Fukushima Daiichi disaster — has shut down its reactors,\r\ntaking about 10 percent of the world’s nuclear energy generating\r\ncapacity offline. And the Japanese have stockpiled substantial\r\namounts of fuel for the day, if ever, that those reactors go back\r\ninto operation.\r\n<\/p>\r\n<\/blockquote>\r\n

\r\nWho wants out?\r\nThe British government, the German utilities E.On and RWE, and the Dutch government.\r\nThat’s all of the owners.\r\n<\/p>\r\n

\r\nWho might buy?\r\nAreva (remember that\r\n\r\nFrench war in Mali<\/a>\r\nwhich was partly about\r\nuranium mining in Niger<\/a>?), Toshiba, or maybe Abu Dhabi or India or China.\r\n<\/p>\r\n

\r\nFortunately, Southern Company probably can’t afford to buy Urenco,\r\nalready being overstretched with\r\n\r\nKemper Coal and the ever-later and more-costly nukes at Plant Vogtle<\/a>.\r\n<\/p>\r\n

\r\n -jsq\r\n<\/p>","protected":false},"excerpt":{"rendered":"Maybe Southern Company and Georgia Power should listen to Urenco’s owners: the nuclear industry is flatlining after Fukushima. Stanley Reed wrote for Dealbook.Nytimes.com 27 May 2013, Powerhouse of the Uranium Enrichment Industry Seeks an Exit, The company that operates this uranium enrichment center, Urenco, is the world leader in the field. It is also plumply […]","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[14,18,2,41,104,21,73],"tags":[6332,858,398,8704,8701,8708,8699,8718,392,8702,12,7,8737,8711,8731,108,6331,6330,6],"class_list":["post-3613","post","type-post","status-publish","format-standard","hentry","category-economy","category-georgia-power","category-government","category-health-care","category-nuclear","category-planning","category-safety","tag-abu-dhabi","tag-areva","tag-china","tag-economy","tag-georgia","tag-georgia-power","tag-government","tag-health-care","tag-india","tag-lake","tag-lowndes-area-knowledge-exchange","tag-lowndes-county","tag-nuclear","tag-planning","tag-safety","tag-southern-company","tag-toshiba","tag-urenco","tag-valdosta"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p585fK-Wh","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/3613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=3613"}],"version-history":[{"count":3,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/3613\/revisions"}],"predecessor-version":[{"id":3616,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/3613\/revisions\/3616"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=3613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=3613"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=3613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}