Nuclear News Roundup Feb 21, 2016

A restructuring of Paladin Energy's balance sheet, announced in January, will position the Australia-based uranium company to increase production rather than service its debt in response to a 'normalising' uranium market, its CEO said yesterday. world-nuclear-news.org

Foratom has welcomed the European Parliament's approval of European Commission proposals to reform the bloc's Emissions Trading System (ETS). The European nuclear trade body added, however, the carbon price needs to increase  significantly in order to boost investment in low-carbon energy sources. world-nuclear-news.org

Uranium mining faces an uncertain future due to price fluctuations with questions all the more pertinent given the current price of uranium is near a 13-year low, says the so-called Red Book, a widely respected report published by the Organization for Economic Cooperation and Development's Nuclear Energy Agency in conjunction with the International Atomic Energy Agency. nuclearstreet.com

French nuclear power operator Electricity de France (EDF) said it would keep Unit 1 at the Flamanville nuclear plant off line until the end of March due to the damage caused by the explosion and fire that disrupted service on Feb. 9. nuclearstreet.com