Corporate

Corporate
Sizewell C Consortium urges decision on funding

Sizewell C Consortium urges decision on funding

A group of 32 companies and organisations from the UK nuclear supply chain have formed a consortium to encourage the government to support a state-guaranteed financing model for Sizewell C, the proposed new nuclear power plant on the Suffolk coast. The Sizewell C Consortium said today it intends to sign agreements that ensure 70% of the project's construction value would go to UK companies.

Corporate 14 July 2020


Candu unit sets North American operating record

Candu unit sets North American operating record

Darlington unit 1 has set a new Canadian and North American nuclear record with 895 consecutive days of unbroken operation. Ontario Power Generation's Candu reactor has now been online since 26 January 2018 without needing to be taken out of service for maintenance or repair.

Corporate 10 July 2020


Rusatom Service, MVM Group create European Power Services JV

Rusatom Service, MVM Group create European Power Services JV

Rusatom Service and MVM Group have formed a joint venture in Hungary to provide service and maintenance to nuclear industry facilities, conventional sources of power generation, renewable energy and oil and gas in Europe, they announced yesteday. The new company, European Power Services Ltd, will start work at the Paks nuclear power plant.

Corporate 10 July 2020


EDF revises 2020 forecast for French nuclear output

EDF revises 2020 forecast for French nuclear output

EDF is revising upwards its nuclear output estimate in France for 2020, to around 315-325 terawatt-hours. In April, the French state-owned utility said it expected generation this year to be about 300 TWh, down from an initial expectation of 375-390 TWh before the coronavirus outbreak.

Corporate 03 July 2020


France completes closure of Fessenheim plant

France completes closure of Fessenheim plant

French utility EDF yesterday permanently shut down unit 2 of the Fessenheim nuclear power plant in eastern France as scheduled. Its closure, together with that of unit 1 in February, was necessary under the country's energy transition law before EDF can bring new nuclear capacity online.

Corporate 30 June 2020


Early restart agreed for Ringhals 1 after maintenance outage

Early restart agreed for Ringhals 1 after maintenance outage

Ringhals AB - operator of Sweden's Ringhals nuclear power plant - has entered into an agreement with national electricity transmission system operator Svenska Kraftnät regarding the availability of unit 1 at the plant. The agreement aims to secure the voltage stability and short-circuit power in the transmission network to handle the operating situation in southern Sweden during the summer.

Corporate 29 June 2020


Energoatom makes plea for fairer market rules

Energoatom makes plea for fairer market rules

Ukraine's electricity market discriminates against nuclear power and recent reforms do little to help Energoatom's mounting debts, Petro Kotin, acting president of the state-owned nuclear power plant operator has said. Recent amendments to electricity market regulations enable Energoatom to sell just 5% of its generation through bilateral contracts, but the company wants this to be increased to 50%.

Corporate 24 June 2020


Judge rules in MEAG Power's favour on Vogtle PPA

Judge rules in MEAG Power's favour on Vogtle PPA

A US district judge has ruled that the power purchase agreement (PPA) signed in 2008 between JEA and Municipal Electric Authority of Georgia (MEAG Power) for electricity from the AP1000 units under construction at the Vogtle site in Georgia is "valid and enforceable". JEA, together with the City of Jacksonville, Florida, launched a series of legal and regulatory cases in 2018 in an attempt to have the agreement invalidated.

Corporate 19 June 2020


IAEA and UNIDO expand cooperation

IAEA and UNIDO expand cooperation

The International Atomic Energy Agency and the United Nations Industrial Development Organisation have signed an agreement to renew cooperation on the peaceful uses of nuclear technology for inclusive and sustainable industrial development.

Corporate 15 June 2020


Framatome completes Doel I&C upgrade project

Framatome completes Doel I&C upgrade project

Framatome's digital instrumentation and control (I&C) systems at the Doel nuclear power plant in Belgium have passed the final site acceptance test. The milestone marks the completion of the project to modernise the control and emergency systems at units 1 and 2 of the plant.

Corporate 12 June 2020