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Sex tape spliced into graduation video
LONDON, Jan. 8 (UPI) -- French energy giant EDF said nuclear energy was a cheaper option to cut greenhouse gas emissions as the British government unveils massive wind farm deals.
Vincent de Rivaz, the chief executive at the French energy giant, writes in the Financial Times on Friday that nuclear power is "the cheapest, large-scale, low-carbon electricity source."
Executives at the British Wind Energy Association, however, said the benefits from nuclear energy were a long way off as reactors would not go into commercial operation until 2018.
The government announced plans Friday to award deals to add 25,000 megawatts of wind energy to the British national electricity grid.
EDF says electricity generated through nuclear power is half as expensive as the equivalent output from offshore wind farms and it plans to invest $31.8 billion to develop four nuclear power reactors in Britain.
Centrica, the parent of British gas and the recipient of a wind energy deal in the Irish Sea, said its wind farms could go into operation by 2016.
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Inventories of bank-owned foreclosures for sale vary increasingly by state as the latest local data suggests that lenders are beginning to release a long-awaited wave of more than one million backlogged foreclosures, primarily in states where a court...
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Behind the impulse in Europe to form eurobonds or collectively insure bank deposits is the fear that Spain will require a very expensive fix.
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