Donauregion Atomkraftfrei – Danube Region Nuclear-Free

Vienna (APA-OTS) – On October 14 an abridged version of Austria’s writ against the subsidies for the Hinkley Pont C nuclear project was issued by the European Court of Justice on its homepage. “GLOBAL 2000 welcomes the action to be brought forward. It bears testimony to a courageous stance of the politically responsible people under the aegis of the federal government” commented Dr Reinhard Uhrig, anti-nuclear spokesperson for GLOBAL 2000. [“The impact of the lawsuit on the willingness of investors to dump dozens of billions of Euros into this insane undertaking can already be seen. This project does not only pose grave technical dangers but is also unsound economically and deleterious to future energy strategies.”]

Investors fear Austria will prevail

Original plans expected the 34 billion Euro (24,4 Billion Pound) nuclear plant to be financed by French investors EDF and AREVA, in conjunction with two of China’s state-owned nuclear conglomerates. In spite of the most generous subsidies and promotions (thereby distorting market forces and thus prohibited, as Austria claims) including special feed-in tariffs for 35 years and investment guarantees to the tune of 24 billion additional Euros (17 billion Pound) investors now quit. The prospect of an Austrian success in a court of law poses unpalatable risks to the investment.

Dr Uhrig: “Rating agencies Moody’s and Standard & Poor’s have announced to downgrade the creditworthiness of EDF in case of a financial engagement in Hinkley Point as the economic risks threatening in case of a defeat in court are monumental. Leaks from the negotiating teams assert that the Chinese firms are no longer interested in 50% equity but instead bargain for a 30% share. This poses massive problems for the sole investor still standing, EDF.”

Anti-nuclear expert Dr Uhrig: “Legal actions and due process do work!”

After the decline to get involved by the sovereign wealth funds of Kuwait and Qatar, by the Saudi Electric Company and by the Hermes Investment Fund, the nuclear engineering firm AREVA was lost as an investor because of rampant financial problems. In 2014 AREVA incurred losses of 4,9 billion and had to be bailed out by the French state. EDF was forced into a merger with AREVA.

“Legal actions and due process do work,” Dr Uhrig affirms in concluding. “Therefore we will also continue to table our complaint at the Aarhus Convention Compliance Committee of the United Nations, with aims to assure citizen participation in the case of state subsidies.” The petition by GLOBAL 2000 and ÖKOBÜRO has been declared as admissible and has just been forwarded to the European Commission for comment.

Link: Hinkley Point action brought by the Republic of Austria

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In its decision to use the European Bank for Reconstruction and Development (EBRD) to finance alleged safety improvements in the 15 Ukrainian reactors to the tune of 600 million, the European Commission is once again using EURATOM to break EU law.

“Loans such as these can only be granted for the enhancement of safety standards during the remaining term of operation, but Ukraine is planning license extensions of 20 years for its ancient reactors. This would also extend the risk for a renewed severe accident such as the Chernobyl disaster”, the Austrian Network Nuclear-Free (OeNA) weighs in against the decision of the EU- Commission.

While there is absolutely no guarantee that these loans will ever by repaid, it is beyond doubt that taxpayers will be on the hook to finance a prolonged peril.

02.10.2015: Press release by Anti Atom Komitee in the name of the  “Austrian Network Nuclear-Free” (Österreichisches Netzwerk Atomkraftfrei, OeNA).

Answer comes from the socialdemocratic members of European Parliament (mail to Reinhard Uhrig, global2000, from Eugen Freund, SPOe):

„ … to criticize the lifetime-extension of all 15 Ukrainian reactors by European´s financial support is absolutely right. They are located in the near neighbourhood of the European Union. Their lifetime-extension would lead to extensive consequences in foreign politic and energy-politic for the whole EU and Ukraine itself. We are joining the initiative against lifetime-extension of the Ukrainian reactors.“

(shortened PSt.)

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For the remainder of this century, Hungary is betting on nuclear energy. These are the words of Attila Aszódy, commissioner of the Hungarian government for the NPP construction at Paks. He indicated that criticism coming out of Austria was negligible, while enterprises aiming to partake in the construction of the NPP were already standing in line. 

Vienna/Paks. Some 180 km from the Austrian border, in Paks on the banks of the river Danube, Russia’s Rosatom will start in 2018 to erect a new NPP. The two units are slated to be connected to the grid in 2025 and 2026, respectively. The existing plant is going to be shut down in 2032. In the transitional period up to 60% of Hungary’s electricity demand will thus be covered, 40% once the older units have been retracted from service.

At the European level Paks II managed to overcome multiple hurdles – in part, because apparently Hungary agreed to limit exclusive rights to Russia for the delivery of fuel rods to 10 years instead of 20 years. The European Commission continues to assess two additional issues, a spokesperson confirmed to “Die Presse”: Under investigation are potential violations of rules and regulations covering state subsidies and public tendering. Hungary was able to shoulder the project evaluated at 12,5 billion Euro because of favourable Russian financing that covers 80% of the cost. The balance is provided by the Hungarian state. Attila Aszódy has been named as commissioner by Hungary’s government to see Paks II through.

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Global 2000, Patricia Lorenz, September 9, 2015

In the course of the hearing on the expansion of the Hungarian nuclear power plant (NPP) Paks II in Vienna (held on September 23, 2015) we demanded the immediate termination of environmental impact assessment procedures and the comprehensive  disclosure of all pertinent documents.

GLOBAL 2000 activists demonstrated against the NPP project Paks II at the official hearing in Vienna. Paks II envisions the construction of two additional 1200 MW reactors at the existent site that already hosts four 30 year old Soviet reactors.

During the summer news emerged that documents proving the inadequacy of the design of the two units regarding cooling capacity and the handling of emergency situations had been shrouded in secrecy. We demand the immediate abolition of the Hungarian law consigning most of the relevant documents to thirty years of concealment. In addition we demand the immediate cancellation of the environmental impact assessment as it rests on false premises.

The deal concerning the two Russian pressurised water reactors was signed by Russian President Vladimir Putin and Hungarian head of state Viktor Orban on January 14, 2014, thereby evading regular tender procedures for the 12,5 billion Euro project. Russia will loan 10 billion to Hungary, repayable at a rate of 4,95% interest by the Hungarian taxpayer starting in 2026. These repayments are due even if the reactors are not completed on time.

Secret documents that have been leaked to the Hungarian Member of the European Parliament Benedek Javor point to fundamental errors in the environmental impact assessment (EIA) and thus in the whole procedure:

– The heat load transferred into the Danube due to cooling requirements has not been correctly calculated.

– Security features of the reactor type selected, the as of yet untested AES 2006 design, are not being elucidated.

– The source term (amount of radioactivity released) in case of an accident is unrealistically low: a thousand times lower than at Chernobyl catastrophe.

Our speaker in all matters anti-nuclear, Reinhard Uhrig, emphasized the importance of demanding the European Union to check this nuclear deal for illegal state subsidies, as the direct awarding of the project to Russia, circumventing proper tender, is fraught with irregularities. Furthermore, the structure of the contract is clearly anti-competitive in designating a fully state-owned company as the builder. Should the Commission just rubber stamp this deal – as it was done in the case of Hinkley Point – Austria will have to sue yet again in order to establish that the rule of law does indeed cover nuclear issues too.

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