Corporate

Corporate
Calls for Diablo Canyon shut down to be reconsidered

Calls for Diablo Canyon shut down to be reconsidered

The premature shutdown of Diablo Canyon units 1 and 2 will "inflict grave harm to California's economy and environment," according to the American Nuclear Society. The closure of California's last remaining nuclear power plant will cause more grid instability and rolling blackouts for the state because Diablo Canyon reliably supplies about 10% of in-state power, it says. Former US energy secretaries Steven Chu and Ernest Moniz have also called for the decision to shut down the plant to be reassessed.

Corporate 26 November 2021


Holtec and Hyundai finalise SMR design and deployment agreement

Holtec and Hyundai finalise SMR design and deployment agreement

Holtec International has finalised an agreement with Hyundai Engineering & Construction of South Korea for the turnkey supply of Holtec's SMR-160 small modular reactor plant worldwide. Holtec is considering deploying the first SMR-160 at Oyster Creek in New Jersey, where it is currently in the process of decommissioning a former boiling water reactor.

Corporate 24 November 2021


Nuclear-powered data campus makes progress

Nuclear-powered data campus makes progress

GSE Solutions has been contracted by Talen Energy to support the development of the infrastructure needed to bring power from Talen's two-unit Susquehanna nuclear power station to the flagship Susquehanna Hyperscale Data Center Campus which is being developed by Talen subsidiary Cumulus Data. The Pennsylvania campus will be home to a carbon-free cryptocurrency mining facility as well as a data centre.

Corporate 19 November 2021


Nuclearelectrica cleared to take over CNU

Nuclearelectrica cleared to take over CNU

Romania's competition commission has said it will clear Nuclearelectrica's takeover of the country's National Uranium Company. CNU is a state company that manages Romania's uranium resources and reserves.

Corporate 19 November 2021


Vimy reviewing its options at Mulga Rock

Vimy reviewing its options at Mulga Rock

Vimy Resources has begun a strategic review process at Mulga Rock in Western Australia after receiving unsolicited approaches from "several parties" interested in becoming involved in the uranium project. Vimy will continue working on its development of the project, where an early works programme is under way, in parallel with the strategic review.

Corporate 18 November 2021


Metsamor 2 to operate until 2026

Metsamor 2 to operate until 2026

A collaboration with Armenia has extended the service life of the country's only nuclear power plant, Metsamor, to 2026, said Russia's state nuclear company, Rosatom. "I am proud that we are participating in a project that helped make the Armenian nuclear power plant safer and more efficient," said Rosatom head Alexey Likhachev, attending a ceremony at the plant.

Corporate 17 November 2021


Saudi minister visits Barakah

Saudi minister visits Barakah

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al Saud this week visited the Barakah nuclear power plant in the UAE. The minister said his visit to the Middle East's first operational multi-unit nuclear power plant "comes in line with the growing awareness of the importance of nuclear energy."

Corporate 17 November 2021


Russia's biggest steelmaker looks to nuclear

Russia's biggest steelmaker looks to nuclear

Rosenergoatom has agreed to partner with Russia's biggest steelmaker, NLMK, on clean power supply, including potentially the supply of nuclear energy to new facilities at the huge Stoilensky mining and processing site. "Increasing the share of low-carbon energy sources is one of NLMK Group’s priority initiatives," the company said.  "Nuclear energy is one of the main decarbonisation tools, currently accounting for a third of global low-carbon electricity production," it added.

Corporate 15 November 2021


Argentina invests in nuclear education

Argentina invests in nuclear education

Nucleoel├ęctrica Argentina has renewed its nuclear energy pavilion within the country's Tecn├│polis 'mega exhibition', which has re-opened in its tenth edition, Cultivating the Human. Visitors can learn about nuclear energy in a specially created control room simulator.

Corporate 10 November 2021


Load following trialled at Leningrad II

Load following trialled at Leningrad II

Russia has put its first VVER-1200 unit, Leningrad II-1, through a series of load following trials. The mandatory trials help confirm performance of the power plant. The plant's owner and operator, Rosenergoatom, cycled the output of the 1101 MWe pressurised water reactor from 100% to 75% and back again five times. Next came five cycles between 100% and 50% power.

Corporate 09 November 2021