Illinois rallies as nuclear plants fail in capacity auction

26 May 2016

Illinois_rally_(Nuclear_Powers_IL)-460  

Exelon's Quad Cities and Three Mile Island nuclear power plants failed to clear in the PJM regional capacity auction for the 2019-2020 planning year, meaning those units will not be able to receive capacity revenue for that period. Meanwhile, over 1500 people rallied in Illinois to support the passage of legislation that would protect nuclear plants from early closure.

A portion of the capacity of the Byron nuclear power plant also failed to clear the auction, although the unit is committed to operate until May 2020. Exelon's other PJM nuclear plants cleared the auction with the exception of Oyster Creek, which is scheduled to retire in 2019 and therefore did not take part. It is the second consecutive year that Three Mile Island unit 1 has failed to clear in the PJM auction.

SCE&G opts to fix Summer price

27 May 2016

South Carolina Electric & Gas Company (SCE&G) has chosen a fixed price option for the completion of the VC Summer 2 and 3 AP1000 units under a 2015 amendment to the engineering, procurement and construction contract for the plant.

First two AP1000s move closer to commissioning

26 May 2016

Haiyang 1 RPV lid - 48The integrated head package has been installed on top of the AP1000 reactor pressure vessel of unit 1 of the Haiyang nuclear power plant in China's Shandong province. Meanwhile, hydraulic testing has been completed of the primary circuit of Sanmen 1, expected to be the first Westinghouse AP1000 to begin operating.

Work starts on Fuqing 6 containment building

26 May 2016

Fuqing 6 containment construction - 48The first steel lining module for the containment building of Fuqing 6 - the second Hualong One unit under construction at the site in Fujian province - has been installed, plant builder China Nuclear Engineering Corporation has announced.

Cameco and KazAtomProm to restructure Inkai

27 May 2016

Cameco and KazAtomProm have agreed to restructure the Inkai jont venture, extending their cooperation in the Kazakh in-situ leach (ISL) uranium project until 2045. The agreement will see Kazatomprom increase its share of the joint venture to 60% with Cameco becoming a minority owner.

Reactor vessel assembly completed for second Belarusian unit

26 May 2016

Assembled RPV for Ostrovets 2 - 48AEM-Technology has completed assembly of the reactor vessel for the VVER-1200 unit 2 of the Belarus nuclear power plant, in Ostrovets, in the Grodno region. Based in Volgodonsk, Russia, AEM-Technology is part of Atomenergomash, itself a subsidiary of Russian state nuclear corporation Rosatom.

Hinkley must be on time to benefit from CfDs, committee told

25 May 2016

The UK government has not given EDF a deadline for its final investment decision on Hinkley Point C, but the contract for difference (CfD) element of their contract would be cancelled if the project is delivered eight years later than planned, in 2033. This was the conclusion of British lawmakers who yesterday grilled the UK Minister of State for Energy and the lead negotiator in talks between the government and the French-owned utility.

Bringing lenders into UK nuclear

NuGeneration's project to build a nuclear power plant of up to 3.8 GWe gross capacity at Moorside in West Cumbria will be the first opportunity for lenders to enter the UK's nuclear power program, CEO Tom Samson told World Nuclear News in an interview.

Samson spoke on the side of the conference Nuclear Energy's Role in the 21st Century: Addressing the Challenge of Financing that was held in Paris last week. The event was jointly organised by the OECD Nuclear Energy Agency and the International Framework for Nuclear Energy Cooperation.

A joint venture between Toshiba and Engie, NuGen says it combines the strengths of its two globally-recognised parent companies, with proven operating and engineering experience, and AP1000 nuclear reactor technology provided by Westinghouse Electric Company, a group company of Toshiba. Sanmen 1 in China's Zhejiang province is expected to be the first AP1000 to begin operating. Four AP1000 reactors are being built in the USA - two each at Vogtle and Summer - while three AP1000s are also proposed for the Moorside site.

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