Corporate

Corporate
Kawasaki Heavy Industries to exit nuclear power business

Kawasaki Heavy Industries to exit nuclear power business

Japan's Kawasaki Heavy Industries has signed a Memorandum of Understanding with nuclear power maintenance service provider Atox Company Limited regarding the transfer of its nuclear power business to Atox for an undisclosed sum. KHI said it will instead focus on the development of hydrogen technology.

Corporate 26 November 2020


EDF invites interest in DAC project at Sizewell C

EDF invites interest in DAC project at Sizewell C

EDF has published an Expression of Interest document for a direct air capture demonstrator project at Sizewell C, the nuclear power plant it plans to build in Suffolk, England. The work will support NNB GenCo in: the supply and development of DAC technology, the design, engineering and construction of a DAC unit; the development of opportunities for scalability and cost reductions; and project management services.

Corporate 25 November 2020


SNC-Lavalin calls for 'collaborative contracting' in the Gulf

SNC-Lavalin calls for 'collaborative contracting' in the Gulf

The SNC-Lavalin Group has launched a white paper on forming alliances for collaborative contracting in the Gulf Cooperation Council projects market. Experience of such an approach to nuclear power projects can inform other megaprojects, according to the white paper, which was launched today at a live webinar in partnership with the Middle East Economic Digest.

Corporate 25 November 2020


UK's Hinkley Point B to be retired by July 2022

UK's Hinkley Point B to be retired by July 2022

EDF announced today its "proactive decision" to move the Hinkley Point B nuclear power plant into the defuelling phase, no later than 15 July 2022. The plant, which is in Somerset, England has been in operation for 45 years.

Corporate 19 November 2020


Framatome forge raises replacement parts production

Framatome forge raises replacement parts production

Framatome has ramped up production of replacement component parts at its manufacturing plant located at Le Creusot, France. On 28 October, forging operations began on the first shell that will be used for the fabrication of replacement steam generators for the French nuclear fleet.

Corporate 17 November 2020


Vattenfall proves German compensation plan is flawed

Vattenfall proves German compensation plan is flawed

A German court has ruled in favour of Vattenfall in its case against the government relating to the nuclear power plants Brunsbüttel, Krümmel and Mülheim-Kärlich in northern Germany. The Swedish utility had argued that the conditions for compensation payments to nuclear power producers impacted by the country's nuclear phaseout policy, the Energiewende, were not clearly regulated and that previous amendments to the law could lead to a reduction of claims.

Corporate 12 November 2020


US firms said to be in talks for Wylfa Newydd project

US firms said to be in talks for Wylfa Newydd project

A US consortium of Bechtel, Southern Company and Westinghouse is in talks with the British government about reviving the Wylfa Newydd nuclear power plant project in north Wales by building AP1000 reactors at the site on Anglesey. Citing an unnamed source, the Financial Times said today that discussions about Wylfa began after the US consortium contacted the British government in September, expressing its wish to take over the project.

Corporate 10 November 2020


Russia retires Leningrad 2 RBMK

Russia retires Leningrad 2 RBMK

The Leningrad 2 nuclear power unit in in Sosnovy Bor in Western Russia was shut down permanently today. The RBMK, which has been in operation for 45 years, is to be replaced by Leningrad II-2, a VVER-1200, which on 6 November received regulatory approval to start pilot operation.

Corporate 10 November 2020


Cameco sees opportunities following COVID curtailments

Cameco sees opportunities following COVID curtailments

The COVID-19 pandemic has disrupted global uranium production, adding to supply curtailments that have occurred in the industry for many years, Cameco said in its quarterly update yesterday. The risk to uranium supply is greater than the risk to demand that over time is expected to create a renewed focus on security of supply, the company said.

Corporate 05 November 2020


Ukraine-EU 'energy bridge' still a realistic goal, says Energoatom vice president

Ukraine-EU 'energy bridge' still a realistic goal, says Energoatom vice president

Energoatom has "various options" for attracting investment in the completion of the third and fourth units of the Khmelnitsky nuclear power plant, Herman Halushchenko, the company's vice president of development, said in an interview on the Energy Freedom talk show hosted by Energy Club on 19 October. Energoatom published a summary of the interview yesterday.

Corporate 21 October 2020