Spain’s Garoña nuclear power plant looks set to close in July 2013 after Nuclenor missed the deadline to submit an operating licence renewal application. The company said that the government had failed to inform it of how pending energy reforms would affect the plant’s economic feasibility.
Garoña (Image: Nuclenor) Nuclenor said that it made several requests over the past month to the ministry to either extend the deadline for the application submission or to provide details about the planned energy reforms. It said these would have “cleared up the regulatory doubts that surround the future of the Garoña plant so as to be able to make a decision to justify the return of investment that would be required.” Nuclenor is a joint venture between Iberdrola and Enresa.
Some €120 million ($153 million) of investments would be required in modernization and safety upgrades at Garoña – a 466 MWe boiling water reactor – to continue its operation.
Continue reading at Garoña to shut in mid-2013
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