Corporate

Corporate
TVO, Wärtsilä tribunal concludes

TVO, Wärtsilä tribunal concludes

An arbitration tribunal has resolved all the claims presented by the parties in proceedings between Teollisuuden Voima Oyj and Wärtsilä Finland Oy concerning a 2013 contract for emergency backup generators at the Olkiluoto nuclear power plant.

Corporate 18 August 2022


Chinese EPR resumes power supply after extended outage

Chinese EPR resumes power supply after extended outage

Unit 1 of the Taishan nuclear power plant in China's Guangdong province offline has been reconnected to the electricity grid after having been offline for more than a year following the discovery of damaged fuel rods.

Corporate 17 August 2022


South Korea's SK Group invests in TerraPower

South Korea's SK Group invests in TerraPower

SK Inc and SK Innovation - both affiliates of SK Group, Korea's second-largest conglomerate - have invested USD250 million in US nuclear innovation company TerraPower. The investment by SK is part of the latest private capital fundraise, which has raised at least USD750 million of investment in TerraPower.

Corporate 16 August 2022


Milestone reached as Darlington refurbishment is ahead of schedule

Milestone reached as Darlington refurbishment is ahead of schedule

Fuel channel installation has been completed at Darlington unit 3, and the unit is now expected to return to service by late 2023 - several months earlier than planned - Ontario Power Generation has announced. The unit is the second of four Darlington units to undergo a mid-life overhaul.

Corporate 16 August 2022


EDF sues French government over electricity sales

EDF sues French government over electricity sales

The state-controlled nuclear giant EDF has launched a legal claim against the French government for more than EUR8.0 billion (USD8.2 billion) in lost earnings resulting from the order to sell more nuclear electricity at below market-level prices this year.

Corporate 10 August 2022


NPCIL orders Holtec fuel storage racks

NPCIL orders Holtec fuel storage racks

Nuclear Power Corporation of India Limited has placed its first order for storage racks for its new away-from-reactor wet storage facility for the Kudankulam nuclear power plant with Holtec Asia. The facility will serve units 1 and 2 at the plant.

Corporate 04 August 2022


Sellafield 'tie-in' connection contract for Ansaldo Nuclear

Sellafield 'tie-in' connection contract for Ansaldo Nuclear

Ansaldo Nuclear has been awarded a contract for the installation of key connections between existing and new facilities at the Sellafield site in Cumbria, England. It is the first contract awarded under Sellafield Ltd's Programme and Project Partners new goods and services agreement.

Corporate 04 August 2022


UEC responds to US uranium reserve tender

UEC responds to US uranium reserve tender

Texas-based Uranium Energy Corp has submitted an offer to supply the US Department of Energy - National Nuclear Security Administration with uranium, in response to a government tender to launch a national reserve of domestically produced U3O8.

Corporate 02 August 2022


Hinkley Point B enters retirement

Hinkley Point B enters retirement

EDF Energy announced the Hinkley Point B 1 reactor has been permanently shut down bringing an end to electricity generation at the Hinkley Point B plant in Somerset, England, after 46 years of operation. The Hinkley Point B 2 reactor was shut down on 6 July.

Corporate 01 August 2022


Preparations under way for refurb of Chinese Candus

Preparations under way for refurb of Chinese Candus

Canada's Candu Energy said it is conducting pre-project design and engineering work to facilitate a 30-year life extension of the two Candu reactors at the Qinshan Phase III nuclear power plant near Shanghai in China's Zhejiang province.

Corporate 28 July 2022