Corporate rss

Update for Fermi 2 simulator

22 August 2017

Fermi 2 simulator - 48Canadian company L3 MAPPS is to update the simulator it supplied in 2006 to Fermi 2 in Michigan. The update is being carried out under a contract with Swiss industrial technology company ABB.

SONGS settlement should stand, state regulator told

16 August 2017

SONGS aerial - 48Southern California Edison has notified the California Public Utilities Commission (CPUC) that the parties in the San Onofre nuclear plant closure settlement were unable to reach agreement on possible changes the CPUC had unanimously approved in 2014. SCE has urged the commission to "affirm the existing settlement of issues related to the premature retirement of San Onofre in 2013 and bring closure to this protracted proceeding".

Bruce Power, Areva NP join for isotope production

09 August 2017

Bruce-Areva isotope agreement - August 2017 - 48Bruce Power and Areva NP will further explore opportunities to commercialise radioisotope production capabilities at the Bruce nuclear power plant in Ontario following the signing of a memorandum of understanding (MOU) yesterday. Under the agreement, Areva NP is to supply equipment to allow online production of isotopes at the Canadian plant.

CNNC decides against Langer Heinrich buyout

21 August 2017

Langer Heinrich sign (Paladin) 72x48The Langer Heinrich uranium mine in Namibia will remain under the ownership of Paladin Energy as the company goes through administration after joint venture partner CNNC Overseas Uranium Holdings decided not to exercise its option to acquire Paladin's share of the mine. Paladin owes EDF $277 million. million,

Toshiba reports financial results, avoids delisting

10 August 2017

Toshiba Corp, which reported its long-awaited earnings results today, says it has "dedicated itself" to eliminating risk related to the overseas nuclear power business, swiftly recovering and strengthening its financial base and strengthening its organisational management. The industrial and electronics conglomerate posted a net loss of ¥‎965.7 billion ($8.8 billion) for the financial year ended 31 March, an improvement of ¥‎30 billion from a revised outlook provided in June, but still more than double the loss of the previous year.

China contracts GE to provide services to Daya Bay plants

03 August 2017

Daya Bay - DNMC - 48USA-based GE is to provide services to the steam turbines, generators and auxiliary systems of the nuclear power plants on the Daya Bay site in China under a 12-year agreement signed with the site's operating company.