Corporate rss

Kozloduy and Belene milestones reached

26 October 2016

Work to upgrade unit 5 of the Kozloduy nuclear plant in Bulgaria has been completed, extending its operations by 30 years to 2047, Russian state nuclear corporation Rosatom and Bulgaria's Energy Ministry both announced yesterday. Meanwhile, Bulgaria today committed itself to fast-tracking payment of the debt it incurred to Russian companies for scrapping the Belene nuclear power plant project.

KHNP and Westinghouse agree to technical cooperation

24 October 2016

KHNP-Westinghouse - Oct 2016 - 48Korea Hydro and Nuclear Power and Westinghouse have signed a memorandum of understanding on bilateral technical cooperation. The companies hope their collaboration will boost their overseas revenues.

New Rosatom chief states aims in meeting with Medvedev

13 October 2016

Alexey Likhachov, the new director general of Russian state nuclear corporation Rosatom, has told the country's prime minister that Rosatom's portfolio of foreign orders is expected to reach $137 billion by the end of this year, up from $110 billion at the end of 2015. Likhachov spoke with Dmitry Medvedev on 11 October, according to a statement on the Russian government’s website.

Final shutdown for Fort Calhoun

25 October 2016

Fort Calhoun control room - 48Operators have taken the Fort Calhoun nuclear power plant in Nebraska offline for the final time, Omaha Public Power District announced yesterday. The company said in June that the single-unit pressurized water reactor would be shut down by the end of this year.

Enec and Kepco create commercial subsidiary Barakah One

20 October 2016

ENEC-Kepco October 2016 - 48The Emirates Nuclear Energy Corporation and the Korea Electric Power Corporation have today signed a joint venture agreement for "long-term partnership and cooperation in the UAE's peaceful nuclear energy program". The two companies also announced establishment of Barakah One PJSC, an independent subsidiary they jointly own, which will "represent the commercial and financial interests" of the Barakah project.

Framework for Candu reactor refurbishment

07 October 2016

Preston Swafford and Mike Rencheck, October 2016 (SNC-Lavalin) 94x48Bruce Power has signed a framework agreement with SNC-Lavalin for work worth up to CAD 400 million ($300 million) as it prepares for a major program of reactor refurbishment.