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• KEPCO Signs Nuclear Power Plant Deal With Turkey; Other Companies Still Open To Bid

  The deal lays the foundation for the two countries to work together to build a new Korean type of nuclear power plant, the APR1400. Turkey is still open to partnering with other companies from other nations - By Linton Levy - The Korea Electric Power Company (KEPCO) and the Turkish state power company Elektrik Uretim AS have reached final agreement on nuclear energy cooperation, according to the Knowledge Economy Ministry. ... Posted Mar 15 2010, 08:40 AM by steveheiser with | with no comments Filed under: Japan, Russia, France, Canada, Rosatom, Korea, Turkey, reactor, agreement, ENERGY, nuclear, power, KEPCO, Korea Electric Power Corporation, deal, U.S., united states, south korea, apr1400, signed, Elektrik Uretim AS, Elektrik Uretim, inked

• Bruce Power's Unit 8 Gets Safety Upgrades And Power Increase

  Unit 8 is the last of the Bruce B Units to get a boost in output following fuel-loading modifications that allow operators to raise reactor power from 90 to 93 per cent. The last time Unit 8 operated at 93 percent was August, 1995 - By April Murelio - A long-term program to enhance safety margins and improve output at Bruce Power hit a major milestone earlier today when reactor power on Unit 8 was raised to 93 percent. ... Posted Mar 15 2010, 08:30 AM by steveheiser with | with no comments Filed under: Canada, Safety, Bruce Power, ENERGY, nuclear, power, Bruce B, output, upgrade

• GSE Gets $3.3 Million of New Work In Its Nuclear And Training Simulation Sectors

  Multiple Contracts for GSE’s VPanel Training Simulators - Edited by April Murelio - GSE Systems, Inc. (GSE), a leading global provider of real-time simulation and training solutions to the power, process, manufacturing and Government sectors, announced the award of approximately $3.3 million of new work in its nuclear simulation and training sectors. Approximately 20% of these awards occurred in the fourth quarter of 2009 and will be reflected in the 2009 year end contract backlog. The balance of these awards have occurred in 2010. These multiple contracts are to provide simulator upgrade services for existing customers in the United States, Europe and China, as well as multiple soft panel simulator (VPanel) awards in Canada, the United States and China. ... Posted Mar 11 2010, 08:25 AM by steveheiser with | with no comments Filed under: China, Europe, Canada, training, ENERGY, nuclear, power, GSE Systems, simulation, VPanel

• Westinghouse AP1000 Completes Phase 1 Of CNSC Pre-Project Design Review

  A Phase 1 review of the AP1000 involved an overall assessment of the reactor design against the most recent CNSC design requirements for new nuclear power plants in Canada - By Stephen Heiser - The Westinghouse AP1000 pressurized water reactor has completed Phase 1 of the Canadian Nuclear Safety Commission (CNSC) Pre-Project Design Review. The objective of a Pre-Project Design review is to verify, at a high level, the acceptability of a nuclear reactor design with respect to Canadian safety requirements and criteria, including the identification of fundamental barriers to licensing a new reactor design in Canada. The review is conducted in two phases. ... Posted Feb 08 2010, 08:54 AM by steveheiser with | with no comments Filed under: Westinghouse, AP1000, Canada, ENERGY, nuclear, power, Canadian Nuclear Safety Commission, CNSC, review, design, pre-project

• Khan Announces Take Over Bid From CNNC at C$0.96 Per Common Share

  The CNNC Offer will be in the form of a take-over bid. The definitive agreement provides for customary Board support and non-solicitation covenants subject to customary "fiduciary out" provisions entitling Khan to consider and accept an unsolicited superior offer - By Mark McFadden - Khan Resources Inc. has announced that is has entered into a definitive agreement with CNNC Overseas Uranium Holding Ltd. ("CNNC"), a Chinese nuclear energy corporation based in Beijing and an indirect wholly owned subsidiary of China National Nuclear Corporation, pursuant to which CNNC has agreed to acquire all of Khan's outstanding common shares for C$0.96 per share in cash (the "CNNC Offer"). The CNNC Offer represents a premium of approximately 118% to the closing share price prior to the Atomredmetzoloto JSC ("ARMZ") unsolicited bid, and a 48% premium to the unsolicited C$0.65 per share bid. ... Posted Feb 08 2010, 08:01 AM by steveheiser with | with no comments Filed under: China, uranium, financials, Russia, Canada, ENERGY, nuclear, power, Khan Resources, China National Nuclear Corporation, cnnc, Atomredmetzoloto JSC, take over, bid, armz, CNNC Overseas Uranium Holding Ltd.

• Bruce: Unit 3 Returns To Service

  Units 5, 6, 7 and 8 remain at full power while Unit 3 remains offline for an outage that began ... Posted Jan 20 2010, 08:04 AM by steveheiser with | with no comments Filed under: Canada, reactor, Bruce Power, ENERGY, nuclear, power, service, Bruce, unit 3, unit 4, maintainence

• Major Chinese And Slovakian Nuclear Contracts Awarded To Velan

  This order is in addition to the previously reported order for main steam isolation valves (MSIV) for the same nuclear power plant - By April Murelio - Velan Inc. has announced that it has been awarded several important contracts amounting to approximately $80 million for valves for nuclear power projects in China and Slovakia. The Canadian operations have booked an order for nuclear gate, globe, check and butterfly valves for the Mochovce nuclear power plant in Slovakia. ... Posted Jan 12 2010, 08:26 AM by steveheiser with | with no comments Filed under: China, Canada, valves, contract, nuclear, CPR1000, velan, msiv, slovakia, main steam isolation valves

• Bruce Power Unit 3 Taken Offline For Maintenance

  Units 4, 5, 6, 7 and 8 remain at full power. Last month Bruce Unit 4 was offline for maintenance - By Stephen Heiser - Unit 3 at the Bruce A generating station was taken offline earlier today for what is expected to be a brief outage to allow workers to perform valve maintenance on one of the unit’s safety systems. ... Posted Jan 11 2010, 08:15 AM by steveheiser with | with no comments Filed under: Canada, Bruce Power, ENERGY, nuclear, power, Bruce, maintainence

• AECL Signs Tepco Nuclear Deal

  Atomic Energy of Canada Limited (AECL) enters Japanese market with multi-million dollar parts and services deal - By Stephen Heiser - Atomic Energy of Canada Limited (AECL) has signed a multi-million dollar product and services contract with Tokyo Electric Power Company (TEPCO), marking the first time that AECL has been awarded a contract in Japan. ... Posted Dec 29 2009, 08:58 AM by steveheiser with | with no comments Filed under: Japan, Canada, CANDU, TEPCO, contract, AECL, parts, components, Atomic Energy of Canada Limited, deal, services, pump, Tokyo Electric Power Company

• Khan Responds To News Release Issued By Atomredmetzoloto Jsc

  We feel compelled to respond to the ARMZ Release", said Grant Edey, Chairman of the Special Committee. "It contains inaccurate or misleading information, and does not address very real and substantial concerns - By Linton Levy - Khan Resources Inc. has announced its response to the news release issued by Atomredmetzoloto JSC on December 18, 2009 (the "ARMZ Release"). The ARMZ Release was in response to Khan's Directors' Circular dated December 14, 2009 in which the Khan Board of Directors, on the unanimous recommendation of the Special Committee, unanimously recommends that shareholders REJECT and NOT TENDER their shares to ARMZ's unsolicited offer to acquire all of the outstanding common shares of Khan at $0.65 in cash per share (the "Offer"). "We feel compelled to respond to the ARMZ Release", said Grant ... Posted Dec 29 2009, 08:07 AM by steveheiser with | with no comments Filed under: uranium, acquisitions, Russia, Canada, merger, hostile takeover, Khan Resources, Atomredmetzoloto

• Bruce Power Unit 4 Returns To Service

  Unit 4 Back In Service at Canadian Nuclear Plant - By Stephen Heiser - Unit 4 at the Bruce A generating station returned to service following a brief outage to allow workers to make minor repairs to the fuelling machine. Units 3, 5, 6, 7 and 8 remain at full power. ... Posted Dec 21 2009, 08:00 AM by steveheiser with | with no comments Filed under: Canada, CANDU, Bruce Power, nuclear, fuel, Bruce, maintainence, offline

• Canadian Government Invites Investor Proposals For AECL CANDU Reactor Division

  Proposals will be assessed based on how well they meet set objectives, including: ensuring that Canadians have nuclear as a safe, reliable, and economic clean energy option; controlling costs to the Government while maximizing the return on the taxpayers' investment - By Christopher Smith - Canada's Minister of Natural Resources, the Honourable Lisa Raitt, have invited investors to submit proposals for Atomic Energy of Canada Limited's (AECL) commercial CANDU Reactor Division, the next step in restructuring the Crown Corporation. ... Posted Dec 18 2009, 08:39 AM by steveheiser with | with no comments Filed under: investment, Canada, CANDU, Safety, reactor, AECL, ENERGY, nuclear, power, Atomic Energy of Canada Limited, proposal, crown

• Bruce Unit 4 Offline While Maintenance Performed

  Other Bruce units continue to operate at full power - By Linton Levy - Unit 4 at the Bruce A generating station was taken offline earlier today for what is expected to be a brief outage to allow workers to make minor repairs to the fuelling machine. Units 3, 5, 6, 7 and 8 remain at full power. ... Posted Dec 17 2009, 08:40 AM by steveheiser with | with no comments Filed under: Canada, CANDU, Bruce Power, nuclear, fuel, Bruce, maintainence, offline

• Bruce Power Responds To Alberta Nuclear Consultation Findings

  Bruce Power is pleased that Alberta's nuclear consultation process confirms the technology could play a role in the province's future energy mix. - By Stephen Heiser - In a news release, the Government of Alberta said nuclear power will be given the same consideration as all other energy options... Posted Dec 16 2009, 08:05 AM by steveheiser with | with no comments Filed under: Canada, Bruce Power, ENERGY, nuclear, power, alberta, consultation

• IAEA Finishes International Safety Review

  International Nuclear Safety Experts Conclude IAEA Peer Review of the Regulatory System of the Russian Federation - By April Murelio - An international team of nuclear and radiation safety experts today completed a two-week IAEA review of the regulatory framework of the Russian Federation. The team identified... Posted Dec 02 2009, 08:36 AM by steveheiser with | with no comments Filed under: China, France, Sweden, Switzerland, Canada, IAEA, Germany, Hungary, Safety, International Atomic Energy Agency, review, Spain, finland, united states, norway, Cuba, United Kingdom, Ukraine, Czech Republic