Corporate

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Darlington unit 3 ready for disassembly

Darlington unit 3 ready for disassembly

Darlington unit 3 is ready to begin the next stage of its refurbishment - disassembly - after successful separation of the reactor and its systems from the three remaining operating units at the station. Installation of the final 5-tonne section of steel bulkhead needed for the isolation was completed 10 days ahead of schedule.

Corporate 20 January 2021


US government approves GLE restructure

US government approves GLE restructure

A proposed restructuring of GE-Hitachi Global Laser Enrichment LLC has received the final key approval from the US government. The restructure will see Australian research and development company Silex Systems and Canadian company Cameco Corporation increase their holdings in the company to 51% and 49%, respectively.

Corporate 19 January 2021


CGN to take stake in Kazakh U mining company

CGN to take stake in Kazakh U mining company

China General Nuclear is expected to acquire a 49% stake in Ortalyk LLP, a wholly-owned subsidiary of Kazakh uranium producer Kazatomprom, by mid-2021. The transfer of the stake was part of cooperation agreements signed between CGN and Kazatomprom in 2014, 2015 and 2016.

Corporate 05 January 2021


Energoatom accepts need for fixed power prices

Energoatom accepts need for fixed power prices

Ukrainian nuclear power plant operator Energoatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations governing the electricity market. One of these regulations is to set a low price for electricity sold to the Guaranteed Buyer within the Public Service Obligation mechanism.

Corporate 31 December 2020


Sweden's Ringhals 1 closes for last time

Sweden's Ringhals 1 closes for last time

Ringhals 1 today became the fourth reactor to close in Sweden in the last seven years. The unit, on the west coast of the country, was permanently disconnected from the national grid after 44 years of operation, according to data from its operator, Ringhals AB, which is owned by Vattenfall (70.4%) and Sydkraft Nuclear Power (29.6%).

Corporate 31 December 2020


Rosatom launches Russian additive manufacturing

Rosatom launches Russian additive manufacturing

Rusatom - Additive Technologies has opened its first Additive Technologies Centre as the only such facility in Russia using domestic equipment. Located at the site of the Moscow Polymetal Plant, the ATC will mainly test additive manufacturing technologies and demonstrate their capabilities for industrial enterprises.

Corporate 24 December 2020


TVO receives further shareholder loan commitment

TVO receives further shareholder loan commitment

Shareholders in Finnish utility Teollisuuden Voima Oyj have signed an additional shareholder loan commitment for EUR400 million (USD490 million). With the new shareholder loan commitment, TVO said it prepares to maintain a sufficient liquidity buffer and equity ratio in order to complete the Olkiluoto 3 EPR project.

Corporate 17 December 2020


UK regulator to merge leadership roles

UK regulator to merge leadership roles

The UK's Office for Nuclear Regulation has announced plans to align its leadership structure to other nuclear regulators around the world with a new combined post of chief nuclear inspector and chief executive. CNI Mark Foy will take up the new combined post, subject to detailed government approvals. A new senior regulatory role, executive director of operations/deputy chief inspector, will also be established. The exact timescales have yet to be confirmed, but the changes will come into effect later in 2021.

Corporate 16 December 2020


Forsmark unit 1 celebrates 40 years of operation

Forsmark unit 1 celebrates 40 years of operation

Vattenfall yesterday celebrated the 40th anniversary of the start of commercial operation of unit 1 at the Forsmark nuclear power plant. The Swedish utility is marking the occasion with an exhibition of photographs from the unit's construction period and its first year of operation.

Corporate 11 December 2020


Tractebel outlines its vision for SMRs

Tractebel outlines its vision for SMRs

Belgian engineering firm Tractebel today unveiled its vision for small modular reactors, in which it notes that Canada, Estonia, Finland, France, Poland, the UK and the USA, among other countries, have "expressed a clear willingness to shape the future". Its White Paper, The rise of nuclear technology 2.0, is the result of three years of "deep-diving the promises" of this advanced nuclear technology, and investing thousands of engineering hours in technical due diligence and market studies.

Corporate 11 December 2020