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• Study Finds South Korean Nuclear Companies Target the Global Nuclear Reactor Construction Market

  South Korean Nuclear Companies Target to Obtain 20% of Global Nuclear Construction Market Share by 2030 - Edited by April Murelio - South Korean nuclear industry players foresee a potential market in the global nuclear power plant construction. The growing demand for energy driven by developing countries such as India and China will provide the potential for the expansion of nuclear power. South Korean nuclear companies have already set a target of obtaining a market share of 20% in the global nuclear power plant construction market by 2030. ... Posted Mar 04 2010, 08:45 AM by steveheiser with | with no comments Filed under: China, study, report, Europe, UAE, India, Korea, construction, research, ENERGY, nuclear, power, Asia, export, united arab emirates, market, south korea, global data, asia pacific

• Report Finds China Power To Spend RMB85 Billion For Nuclear Power Plant In Jilin Province

  Deals and Alliances Profile, a new market research report on companiesandmarkets.com, examines China Power Investment Corporation - By April Murelio - The new profile examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy as well as highlighting the company's major recent financial deals. ... Posted Mar 02 2010, 08:16 AM by steveheiser with | with no comments Filed under: China, report, ENERGY, nuclear, power, CPI, China Power Investment Corporation

• Emerson Will Supply Fisher Control Valves For Westinghouse AP1000 Nuclear Power Plants

  Fisher valves will be used in the critical pressurizer spray system to help maintain reactor coolant temperature - By Linton Levy - Emerson Process Management has been awarded approximately $2 million in contracts to provide its Fisher control valves for Westinghouse Electric Company’s newest generation of nuclear power plants. The contracts cover Westinghouse AP1000 nuclear plants to be built in both China and the United States, and agreements are in place to cover an additional $3 million for more plants expected to be built in the United States. ... Posted Feb 18 2010, 08:23 AM by steveheiser with | with no comments Filed under: Westinghouse, AP1000, China, valves, reactor, U.S., coolant, temperature, fisher, emerson, control valves

• China's Inland Nuclear Power Projects Will Use Westinghouse Technology

  China is planning a massive switch over from fossil and hydro-based power to nuclear sources in order to meet huge domestic power demands - Edited by April Murelio - According to a report by Domain-B, China has completed design work for three nuclear power plants, which will be the first to be based inland. All of China's existing nuclear projects too date have been on the coast. ... Posted Feb 11 2010, 08:10 AM by steveheiser with | with no comments Filed under: Westinghouse, AP1000, China, AREVA, India, Rosatom, reactor, demand, project, inland

• 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.

• Sanmen Nuclear Reactor To Begin Operation In 2013

  The four reactors, which use the AP1000 technology from the US-based Westinghouse, each has capacity of 1,250 mW - Edited by April Murelio - According to a report in the China Daily, State Nuclear Power Technology Corp (SNPTC) has announced that its first third-generation nuclear power reactor is expected to start operations in August 2013, marking the first use of the technology in the country. Following the completion of the first reactor, located in the Sanmen nuclear power project in Zhejiang province, the company's other three reactors will start generating power by 2013 and 2014, said Wang Binghua, chairman of SNPTC. ... Posted Feb 01 2010, 08:47 AM by steveheiser with | with 2 comment(s) Filed under: Westinghouse, AP1000, China, reactor, ENERGY, nuclear, power, snptc, State Nuclear Power Technology Corporation, 2013

• China's Jilin Province To Begin Construction Of First Nuclear Power Plant In 2012

  Four 1.25 million kW nuclear power units using the AP1000 technology are expected to be installed in the first phase - Edited by Chris Smith - The first nuclear power plant in Jilin Province is scheduled to start construction in 2012, said Wang Rulin, Deputy Governor of Jilin, in the Government Work Report. The Chisong nuclear project, to be located in Jingyu County, will involve an investment of RMB 85 billion in total, with six 1.25 million kW nuclear power units. ... Posted Jan 26 2010, 08:30 AM by steveheiser with | with no comments Filed under: AP1000, China, construction, ENERGY, nuclear, power, Jilin, Wang Rulin, 2012

• Shaw and Westinghouse Hit Milestone At Unit 1 Of Sanmen AP1000 Nuclear Site In China

  The CVBH serves as the foundation for the containment vessel, a capsule-shaped steel structure that will house the nuclear reactor. The project team used a large-capacity crane to lift, position and install the CVBH - By Stephen Heiser - The Shaw Group Inc. and Westinghouse Electric Company, along with China’s State Nuclear Power Technology Corporation (SNPTC), Sanmen Nuclear Power Company (SMNPC) and China Nuclear Industry Fifth Construction Corporation (CNF) successfully completed the lift and setting of the containment vessel bottom head (CVBH) of Unit 1 at the Sanmen AP1000 nuclear power plant project. ... Posted Jan 12 2010, 08:55 AM by steveheiser with | with no comments Filed under: AP1000, China, Shaw, reactor, Shaw Group, nuclear, snptc, sanmen, containment vessel, Containment Vessel Bottom Head, Sanmen Nuclear Power Company, cvbh, smnpc, State Nuclear Power Technology Corporation

• 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

• Construction Starts On Haiyang Nuclear Plant

  The Haiyang power plant will be the second site to house AP1000 units, the most advanced nuclear technology - Edited by Christopher Smith - According to a report in the People's Daily Online, construction has begun on a new nuclear power plant in Haiyang, in Shandong Province. With investment of over 120 billion yuan, this is the largest nuclear power project in China. ... Posted Dec 31 2009, 08:58 AM by steveheiser with | with no comments Filed under: AP1000, China, ENERGY, nuclear, CO2, sanmen, plant, Haiyang

• Global Times: China Has Largest Number Of Nuclear Projects

  Eight new nuclear power stations under construction with designed capacity of 31.4 million kilowatts - Edited by April Murelio - Acccording to a report by Global Times, China has the largest number of nuclear powered projects under construction in the world, officials from the National Energy Administration said. ... Posted Dec 30 2009, 08:39 AM by steveheiser with | with 1 comment(s) Filed under: Westinghouse, AP1000, China, construction, ENERGY, nuclear, power, sanmen, Haiyang, Zhejiang

• China's Power Capacity Now In Second Place

  China is now second only to the United States In Terms Of Electric Power Capacity - Edited by Mark McFadden - According to a report by China Knowledge, China's electricity generation capacity will increase to 860 million kilowatts by the end of this year, putting the country second after the U.S., an energy official said. ... Posted Dec 29 2009, 08:55 AM by steveheiser with | with no comments Filed under: China, AREVA, ENERGY, nuclear, power, cgnpc, capacity, China Guangdong Nuclear Power Corp

• AREVA Inks Agreements Covering Chinese Reactor Design And Supply Of Nuclear Components

  Under the terms of the agreement, AREVA and CGNPC will create WECAN, a joint venture in which CGNPC will have a 55% stake and AREVA 45% - By Stephen Heiser - During French Prime Minister François Fillon’s visit to China, Qian Zhimin, chairman of China Guangdong Nuclear Power Corp (CGNPC) and Anne Lauvergeon, CEO of AREVA, will sign an historic agreement for the engineering and development of new nuclear power plants. ... Posted Dec 23 2009, 08:38 AM by steveheiser with | with no comments Filed under: China, AREVA, agreement, components, cooperation, cgnpc, China Guangdong Nuclear Power Corp

• Construction Of Taishan Nuclear Power Plant Commences

  Ceremony marked the establishment of the biggest Sino-French new energy joint venture to construct and operate the first-phase project of the Taishan nuclear power station, in south China's Guangdong Province - Edited by Linton Levy - According to a report by Xinhua, Chinese Vice Premier Li Keqiang and visiting French Prime Minister Francois Fillon attended a ceremony marking the official start of construction of the Taishan nuclear power station. ... Posted Dec 23 2009, 08:27 AM by steveheiser with | with 1 comment(s) Filed under: China, construction, nuclear, power, plant, guangdong, taishan

• EDF Confirms Role Developing Nuclear Power Plants With China's CGNPC

  The first unit of Taishan nuclear plant, modelled on the EPR currently under construction at Flamanville in Normandy, is scheduled for commissioning in late 2013 - By Stephen Heiser - On the occasion of the official visit to China of French Prime Minister François Fillon, Henri Proglio, Chairman and CEO of EDF and Qian Zhimin, Chairman of electricity generator China Guangdong Nuclear Power Company (GCNPC) received final approval from the Chinese authorities for the creation of a joint venture (TNPJVC: Guangdong Taishan Nuclear Power Joint Venture Company Limited), whose purpose is to build and operate two EPR nuclear reactors in Taishan (in the Province of Guangdong), with EDF’s holding fixed at 30% for 50 years. ... Posted Dec 22 2009, 08:45 AM by steveheiser with | with no comments Filed under: China, EDF, EPR, nuclear, Electrcite de France, gcnpc, China Guangdong Nuclear Power Company