New build rss

Early closure for Korea's oldest operating reactor

Corporate

15 June 2018

Wolsong 1 - 48Unit 1 of the Wolsong nuclear power plant will be retired prior to the expiration of its operating licence in 2022, Korea Hydro and Nuclear Power announced today as it also cancelled plans for four new reactors. The move is in line with the South Korean government's policy to phase out the use of nuclear energy.

Steam generators in place at Hongyanhe 5

New Nuclear

12 June 2018

Hongyanhe 5 SG installation - 48The third and final steam generator has been put in place at unit 5 of the Hongyanhe nuclear power plant in China's Liaoning province. The ACPR-1000 reactor is scheduled to begin operating in late 2019.

Serial reactor construction key to lowering costs

New Nuclear

08 June 2018

Developers of new nuclear power plant projects in the UK agree that an experienced supply chain, together with a stable reactor design, will be key to significantly driving down construction costs, delegates heard at the Global Nuclear Investment Summit held yesterday at London's Guildhall. The event was hosted by global nuclear energy financial services provider Ocean Nuclear and the Financial Times.

Start-up of Finnish EPR put back four months

New Nuclear

14 June 2018

Olkiluoto 3 - August 2016 - 48Regular electricity generation at the Olkiluoto 3 EPR in Finland is now expected to begin in September 2019 as commissioning tests will take longer than planned, Finnish utility Teollisuuden Voima Oyj announced yesterday. According to the previous schedule provided by plant supplier the Areva-Siemens consortium, production was planned to start next May.

China signs up to four new units from Russia

New Nuclear

08 June 2018

Russia and China have signed four agreements envisaging the construction of four VVER-1200 units at Xudabao and Tianwan, cooperation in the CFR-600 fast reactor pilot project, and supply of the RITEG (Radioisotope Thermoelectric Generator) parts for China's lunar exploration programme. The signing ceremony was held today in Beijing and attended by Russian President Vladimir Putin and Chinese President Xi Jinping.

Bulgarian parliament approves restart of Belene investor talks

Nuclear Policies

08 June 2018

The Bulgarian parliament, the National Assembly, yesterday mandated the country's energy minister to resume the search for investors in the construction of a second nuclear power plant at Belene. The National Assembly has thus recommended that the Council of Ministers reverse the 29 March 2012 decision to abandon the Belene project amid difficulties at that time in attracting investors.