UK rss

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.

Energoatom awaits approval for energy bridge tender

Nuclear Policies

18 April 2018

Stanislavsky and Kulczyk meet Energoatom - 48Ukrainian nuclear power plant operator Energoatom expects the country's Cabinet of Ministers to approve soon tender documentation to attract a private partner for the 'energy bridge' project. The project aims to make the export of electricity to the European Union possible by disconnecting unit 2 of the Khmelnitsky nuclear power plant from the Ukrainian national grid, and to attract funding required to complete units 3 and 4 at the plant.

MOU sees Holtec SMR-160 for Ukraine

Corporate

02 March 2018

Holtec-Energoatom-MOU-(Holtec)-48A memorandum of understanding signed by Holtec International and Energoatom envisages the adoption by Ukraine of Holtec's small modular reactor technology with the country becoming a manufacturing hub for SMR-160 reactor components. Separately, the US Nuclear Regulatory Commission has begun a technical review of an application by Holtec for a consolidated spent fuel interim storage facility proposed for southeastern New Mexico.

IAEA reviews safety at South Ukraine unit 3

Regulation and Safety

26 April 2018

South Ukraine (South Ukraine NPP)_48An International Atomic Energy Agency team of experts yesterday completed a review of long-term operational safety at unit 3 at the South Ukraine nuclear power plant. The Pre-SALTO (Safety Aspects of Long Term Operation) team reviewed the plant's organisation and programmes related to long-term operation, including human resources and knowledge management.

Energoatom counts cost of regulatory changes

Corporate

19 March 2018

Nedashkovsky briefing the Balancing Committee - 48Electricity prices in Ukraine are too low to enable the country's nuclear power plant operator to cover the cost of its fuel, its president and CEO said last week. In addition, the regulator's new methodology for calculating the cost of nuclear fuel purchases is restricted to new contracts.

Ukraine secures US funding for storage facility

Waste and Recycling

15 February 2018

Financing agreement for used fuel store - 48The Overseas Private Investment Corporation has overseen a "political risk insurance contract" for the Central Spent Fuel Storage Facility at the site of the Chernobyl nuclear power plant in Ukraine. OPIC, the US government's development finance institution, is providing insurance to support the project trust's $250 million fixed-rate bond securities issuance in US capital markets.