United Kingdom rss

Tender opens soon for Dounreay reactor demolition

Waste and Recycling

11 August 2017

Dounreay Materials Test Reactor - 48Companies are being invited to bid for a contract to demolish the Dounreay Materials Test Reactor in Scotland. A contract notice will appear in the Official Journal of the European Union for the project estimated to be worth around £7 million ($9 million) over three years. A contractor is expected to be appointed in the first half of 2018.

Toshiba reports financial results, avoids delisting

Corporate

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.

Nuclear provides stable supply of UK power, report shows

Energy and Environment

28 July 2017

Nuclear power's share of the UK's electricity generation mix was stable at 21% last year, according to statistics released by the Department for Business, Energy and Industrial Strategy yesterday. Nuclear generation rose 2% from 70 terawatt hours to 72 TWh in 2016 as nuclear plants had fewer planned and unplanned outages than in 2015.

Czech, UK engineering firms join for decommissioning

Waste and Recycling

11 August 2017

Vítkovice Heavy Machinery and TSP Engineering have signed an agreement to cooperate in the decommissioning of British nuclear power plants and the supply of components for nuclear-powered submarines. Czech engineering company VHM said yesterday the contract is worth about CZK3.5 billion ($158 million) over the next five years.

EDF posts 3.7% fall in profit amid lower output

Corporate

31 July 2017

EDF recorded a 3.7% year-on-year fall in net income and a 2.6% dip in sales in the first half of this year - to €2 billion and €35.7 billion - with its nuclear power generation impacted by unplanned outages. The French state-owned group said the results were in line with expectations, despite the launch earlier this year of a €4 billion capital increase.

Talks confirmed for Korean stake in UK Horizon nuclear project

Corporate

28 July 2017

Revised Wylfa Newydd plant design - 48Korea Hydro and Nuclear Power confirmed today it is in talks about "cooperation" with Horizon Nuclear Power, which is planning to build two large reactors at Wylfa Newydd in Wales.