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World Nuclear News
World Nuclear News
USNC, Korean companies to develop micro modular reactors

Ultra Safe Nuclear Corporation of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering and the Korea Atomic Energy Research Institute. The five-year agreement outlines goals for development of technologies that enhance the ability of the USNC Micro Modular Reactor to produce and deliver carbon-free power, heat and hydrogen.


Perspectives

Speech: Cutting costs with the fleet approach

Speech: Cutting costs with the fleet approach

Replication is the key to reducing the cost of nuclear new-build projects and attracting investment in firm, low-carbon power and heat, Julia Pyke, director of Sizewell C financing & economic regulation at EDF Energy, said last week. The following is an abridged version of her presentation to participants in an OECD-Nuclear Energy Agency webinar on the Paris-based agency’s newly published Policy Brief, Unlocking financing for nuclear energy infrastructure in the COVID-19 economic recovery.

03 August 2020


RWM launches new venture to lead UK repository research

RWM launches new venture to lead UK repository research

The University of Manchester and the University of Sheffield will support the delivery of independent evidence-based research to underpin the development of a UK Geological Disposal Facility following a GBP2.5 million (USD3.3 million) grant secured from Radioactive Waste Management (RWM).

Waste & Recycling 05 August 2020


UK National Grid prepares for first T-pylon at Hinkley Point C

UK National Grid prepares for first T-pylon at Hinkley Point C

The first T-pylon on National Grid's Hinkley Connection is scheduled to be constructed at the end of July 2021. It will be one of 116 T-pylons along the 57km route, which will connect low-carbon energy from EDF Energy's Hinkley Point C nuclear power plant to six million UK homes and businesses. It will also allow for more capacity on the network for renewable energy from the South West peninsular.

New Nuclear 05 August 2020


Feasibility study sought for Cernavoda expansion project

Feasibility study sought for Cernavoda expansion project

Romania has launched a tender for a new feasibility study to complete units 3 and 4 of the Cernavoda nuclear power plant for which it is prepared to pay up to RON1 million (USD245,000). There is also the option of a single unit being put up for auction, according to a report by Economica.Net.

New Nuclear 05 August 2020


Perspectives

Speech: Cutting costs with the fleet approach

Speech: Cutting costs with the fleet approach

Replication is the key to reducing the cost of nuclear new-build projects and attracting investment in firm, low-carbon power and heat, Julia Pyke, director of Sizewell C financing & economic regulation at EDF Energy, said last week. The following is an abridged version of her presentation to participants in an OECD-Nuclear Energy Agency webinar on the Paris-based agency’s newly published Policy Brief, Unlocking financing for nuclear energy infrastructure in the COVID-19 economic recovery.

03 August 2020


Kazatomprom uranium miners set to return to work

Kazatomprom uranium miners set to return to work

Kazakhstan's JSC National Atomic Company Kazatomprom plans to return staffing levels at its uranium mines to normal by around the end of this month. The number of employees at the mine sites was reduced between April and July in response to the COVID-19 pandemic.

Uranium & Fuel 04 August 2020


Energoatom sees restoration of company charter

Energoatom sees restoration of company charter

Ukraine's Ministry of Energy has restored Energoatom’s ability to influence its own financial planning and the process of appointing a company president, in a newly approved corporate charter that has been submitted for state registration. The state-run nuclear power plant operator had started legal action to force the move before its dialogue with the ministry was resumed.

Corporate 04 August 2020


Judge upholds Virginia's uranium mining ban

Judge upholds Virginia's uranium mining ban

Virginia's 38-year-old moratorium on uranium mining will continue following a district court ruling in a case challenging its constitutionality. Virginia Uranium Inc first brought the state suit in 2015 in its effort to mine what it claims is the largest known uranium deposit in the USA.

Uranium & Fuel 04 August 2020


EU Taxonomy leaves low-carbon nuclear 'in limbo', admits climate adviser

EU Taxonomy leaves low-carbon nuclear 'in limbo', admits climate adviser

It is understandable that the nuclear power industry feels it has been left "in limbo" by the European Commission's taxonomy on sustainable finance, even though its low-carbon credentials are clear, an adviser to the Technical Expert Group that developed the guidance said last week. Sean Kidney, CEO of the Climate Bonds Initiative, participated in the 28 July webinar-based discussion of a newly published Policy Brief by the OECD-Nuclear Energy Agency, Unlocking financing for nuclear energy infrastructure in the COVID-19 economic recovery.

Energy & Environment 03 August 2020


UAE's first power reactor achieves criticality

UAE's first power reactor achieves criticality

Nawah Energy Company has started up unit 1 of the Barakah nuclear power plant, located in the Al Dhafrah region of Abu Dhabi. Nawah is the joint venture nuclear operations and maintenance subsidiary of Emirates Nuclear Energy Corporation and the Korea Electric Power Corporation. The APR1400 attained a sustained chain reaction for the first time early yesterday morning and is expected to enter commercial operation later this year.

New Nuclear 01 August 2020


US report highlights nuclear export opportunities

US report highlights nuclear export opportunities

Exports of nuclear energy equipment and technology to meet the needs projected by the Intergovernmental Panel on Climate Change could be worth USD1.3-1.9 trillion to the USA over the period to 2050, a new report by consulting firm UxC has concluded.

Corporate 31 July 2020


Tianwan 5 achieves criticality

Tianwan 5 achieves criticality

Unit 5 of the Tianwan nuclear power plant in China's Jiangsu province has attained a sustained chain reaction for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor is expected to be connected to the grid later this year, after which it will enter commercial operation.

New Nuclear 30 July 2020