Corporate

Corporate
UK unveils financial terms it offered Hitachi

UK unveils financial terms it offered Hitachi

Greg Clark, the UK's secretary of state for Business, Energy and Industrial Strategy, today spoke “candidly” about the unprecedented financial terms offered to Hitachi ahead of the company’s decision to suspend its new nuclear power plant project.

Corporate 17 January 2019


Wolsong 1 simulator to be repurposed for use at unit 3

Wolsong 1 simulator to be repurposed for use at unit 3

Korea Hydro and Nuclear Power has contracted L3 MAPPS to repurpose the full-scope simulator for unit 1 of its Wolsong nuclear power plant for training operators at Wolsong unit 3. Wolsong 1 is scheduled to be shut down by 2022.

Corporate 17 January 2019


Vermont Yankee sale completed

Vermont Yankee sale completed

Entergy Corporation has completed the sale of Entergy Nuclear Vermont Yankee to subsidiaries of NorthStar Group Services, which will decommission the Vermont Yankee Nuclear Power Station site.

Corporate 14 January 2019


Westinghouse announces organisational changes

Westinghouse announces organisational changes

Westinghouse, which emerged from Chapter 11 bankruptcy protection last August, has announced initial organisational changes aimed at enhancing focus on its customer base and strengthening its global services and supply chain management capabilities.

Corporate 09 January 2019


Embalse plant all set for another 30 years

Embalse plant all set for another 30 years

The Embalse nuclear power plant in Argentina has returned to service for another 30 years of operation following completion of upgrade work, Nucleoel├ęctrica Argentina announced on 4 January.

Corporate 07 January 2019


Dominion and Scana complete merger

Dominion and Scana complete merger

Dominion Energy announced yesterday completion of its merger with Scana Corporation, "benefiting customers and communities" in Georgia, North Carolina and South Carolina.

Corporate 03 January 2019


Kaiga 1 completes record-breaking run

Kaiga 1 completes record-breaking run

Unit 1 of India's Kaiga nuclear power plant was taken offline on 31 December having completed a record 962 unbroken days of operation since 13 May 2016.

Corporate 02 January 2019


Russia retires Leningrad unit 1

Russia retires Leningrad unit 1

Unit 1 of the Leningrad nuclear power plant has been withdrawn from service after 45 years of safe operation, Russian state nuclear corporation Rosatom has announced.

Corporate 27 December 2018


TVO agrees loan for Olkiluoto safety upgrades

TVO agrees loan for Olkiluoto safety upgrades

Finnish utility Teollisuuden Voima Oyj has signed a ten-year EUR65 million (USD74 million) loan agreement with the Nordic Investment Bank to finance safety system upgrades at units 1 and 2 of its Olkiluoto nuclear power plant.

Corporate 18 December 2018


Framatome completes Forsmark I&C upgrade

Framatome completes Forsmark I&C upgrade

France's Framatome has completed a project to upgrade the safety instrumentation and control (I&C) system of unit 3 at the Forsmark nuclear power plant in Sweden.

Corporate 13 December 2018