New build rss

'Notice to proceed' contracts signed for El Dabaa

New Nuclear

11 December 2017

Putin_El_Sisi_Dec_17_(Kremlin)-48Rosatom Director General Alexey Likhachov and Egypt's Minister of Electricity and Renewable Energy Mohamed Shaker today signed notices to proceed with contracts for the construction of four VVER-1200 units at the El Dabaa nuclear power plant.

Kepco named preferred bidder for UK's NuGen

Corporate

07 December 2017

Korea Electric Power Company has been named as the preferred bidder to acquire 100% of the shares in NuGeneration, the UK nuclear power development company owned by Toshiba. Kepco CEO Hwan-Eik Cho said in a company statement yesterday that, as preferred bidder, Kepco intends to "progress negotiations to a positive conclusion" to achieve a target closing of the proposed acquisition early next year.

UK to support 'next-generation' nuclear technology

Nuclear Policies

07 December 2017

The UK government has announced a series of measure that aim to realise the full potential of the of the country's nuclear power industry. The document 'Government to support development of next-generation nuclear technology' follows publication of the Industrial Strategy white paper last month, a core objective of which is to "ensure the UK is developing the technologies of the future and preparing to seize the opportunities they bring and build on its strengths", the Department for Business, Energy and Industrial Strategy (BEIS) said.

Fuel loading under way at new Leningrad unit

New Nuclear

11 December 2017

Leningrad II unit 1 fuel loading - 48The process of loading the 163 fuel assemblies into the core of unit 1 of the Leningrad Phase II nuclear power plant in western Russia began on 8 December, state nuclear corporation Rosatom announced. The VVER-1200 unit is scheduled to start up next year.

Russia starts up Rostov 4 reactor

New Nuclear

07 December 2017

Rostov 4 fuel criticality celebration (Rosatom) 70x48Russia's newest reactor, Rostov 4, has started up for the first time. It is the third reactor to start at the site in just seven years, state nuclear corporation Rosatom noted.

Toshiba to complete Vogtle parent guarantee payments

Corporate

06 December 2017

A new agreement with Toshiba will see the owners of the Vogtle nuclear construction project receive all remaining scheduled payments under the project's parent guarantee by 15 December. To date, Georgia Power, Oglethorpe Power, MEAG Power and Dalton Utilities have received scheduled payments worth $455 million in total, with $3.2 billion still to be paid.