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Nuclear Power Industry News

Nuclear Power Industry News
Reports and news on nuclear power industry suppliers, utilities, companies, organizations, and technology.
Results for nuclear power
  • Blog Post: UK And Canada Sign MOU For Advancing Nuclear Cooperation

    The Natural Resources Canada, known as NRCan, and the British Department for Energy and Climage Change (DECC) have signed a memorandum of understanding that allows for greater cooperation in the field of nuclear energy. The deal will build on the partnership between Candu Energy Inc. and GE Hitachi...
  • Blog Post: EU Funds Westinghouse-Led Effort To Diversify Fuel Supply For Russian-Built Plants

    The European Union has contributed $2,240,400 to nine partners to establish the security of fuel supply for Russian-designed nuclear power plants in the region, Westinghouse Electric Company said Monday. The aim of the program is to establish an alternate fuel supply for nuclear power plants that...
  • Blog Post: Final Funding For Vogtle Units 3 And 4 In Place

    The U.S. Department of Energy announced Wednesday that it had agreed to $1.8 billion in loan guarantees that represent the final phase of funding for the Alvin W. Vogtle Electric Generating Plant construction project inWaynesboro, Ga. The additional two units under construction represent the first...
  • Blog Post: MIT Thinking Outside Of The Box With Floating Nuclear Plant

    “More than 70 new nuclear reactors are now under construction, but that’s not nearly enough to make a strong dent in CO2 emissions worldwide,” said Massachusetts Institute of Technology professor of nuclear science and engineering Jacopo Buongiorno recently. “So the question is...
  • Blog Post: Japanese Government Allocates $50 Billion For Disaster Recovery

    Japan’s central government has approved a $50 billion expenditure over five years to help with restoring areas hit by the March 2011 Great East Japan Earthquake -- a 9.0-magnitude seismic jolt -- and the follow up tsunami that, among other things, crippled the Fukushima Daiichi nuclear power plant...
  • Blog Post: Finnish Energy Group Fortum Resists Plan To Close Oskarshamn Unit 2

    German utility E.ON’s announcement that it plans to close down OKG Aktiebolag’s Oskarshamn Unit 2 reactor in southeastern Sweden by 2020 for economic reasons was met with opposition by minority shareholder Fortum, a Finnish energy group. In a statement, Fortum said, “On the contrary...
  • Blog Post: Japanese Firms To Participate In Nuclear Build In Turkey

    Construction of a four-reactor nuclear power plant in northern Turkey will include French, Turkish and Japanese construction firms, Japanese media announced late last week. The construction arrangement will include the French company Bouygues and “two or three” Turkish contractors who...
  • Blog Post: South Korea To Decommission Country's Oldest Nuclear Plant

    For the first time in South Korea, the country’s nuclear power plant operator Korea Hydro & Nuclear Power Company said it would decommission one of its nuclear reactors, starting with the oldest plant in the country. Reports say that the government wants to use the Kori No. 1 pressurized...
  • Blog Post: IEA Head Gives China An A For Effort

    The head of the International Energy Agency, a think tank for developed countries on energy matters, said China is making a sizeable effort to turn around its coal-based energy economy in a time when the world’s focus is on the threat of climate change. Maria van der Hoeven said that China is...
  • Blog Post: Position Paper Extols Virginia's Potential For Nuclear Power

    A state-based study group in Virginia, the Thomas Jefferson Institute for Public Policy, says that nuclear power is clean and safe and could help turn the state’s energy deficit into an energy surplus. The state of Virginia will require 4,000 megawatts more in 2021 than it does today and the...
  • Blog Post: SpiralGen To Tackle CyberSecurity For Nuclear Plants

    Stressing the importance of a secure system for nuclear power plant computer systems, a Pittsburgh-based software company SpiralGen Inc. said Thursday it would use Department of Energy Small Business Innovation Research funding to adapt technologies developed for military use “to provide new inner...
  • Blog Post: GNF Awarded $100 Million Contract Extension From Entergy

    Global Nuclear Fuel said Monday that it had been awarded an extension on its fuel supply contract for four of Entergy’s boiling water nuclear power plants in a deal worth more than $100 million. The contract extension runs through 2021 and calls for eight fuel reloads or two each at the FitzPatrick...
  • Blog Post: Westinghouse Contracts In Sweden Cover Control Rods And Spent Fuel Project

    U.S. nuclear power innovator Westinghouse Electric is keeping busy in Sweden, announcing a new contract for the delivery of new CR99+ control rods to the Forsmark Nuclear Power Plant for Units 1 and 2. The contract was signed by Forsmarks Kraftgrupp AB and involves rod assemblies made at the Westinghouse...
  • Blog Post: Xcel Energy Settles Legal Dispute With Babcock & Wilcox

    [UPDATED] Minnesota-based Xcel Energy Inc. has settled its legal dispute with Babcock & Wilcox Nuclear Energy of Charlotte, N.C., agreeing to pay $36 million out of $45 million that B&W says it was owed. The settlement also covers pending litigation with SNC Lavalin Nuclear of Montreal, Canada...
  • Blog Post: France To Support Merger Of EDF And Areva's Reactor Business

    The French government said Wednesday that it would support a rescue of struggling nuclear power giant Areva that would include a merger between its nuclear reactor business with Eletricite de France, the utility that is Areva’s largest customer. It is said to be a match made in heaven, given...
  • Blog Post: Tunisia, Russia, Sign MOU On Nuclear Power

    Tunisia and Russia have signed a memorandum of understanding that outlines their intent to cooperate on the use of nuclear power for electricity generation and for other peaceful purposes involving medicine, agriculture, spent fuel management. The agreement also covers training technicians for these...
  • Blog Post: Rosatom Chief Says Bushehr 2 Construction Would Begin In Fall

    Rosatom chief Sergey Kiriyenko said construction on a two-reactor project in Iran would begin this fall, announcing the start target in Moscow in a forum at the Atomexpo 2015 exhibition. Kiriyenko said “full scale construction activities at Bushehr-2 will start in the fall,” referring...
  • Blog Post: Japan, Rattled By Earthquake, Keeps Nuclear Target Intact

    A government panel in Japan on Monday stuck to a nuclear power target of 20-22 percent two days after 12 people were injured during a massive earthquake that shook buildings in Tokyo. The earthquake was powerful, registering a magnitude of 7.8. But the epicenter was in a remote area of the Pacific...
  • Blog Post: For Sellafield, Another Contract. For West Cumbria, More Jobs

    Sellafield Ltd in Britain has announced a second contract within the month that it has awarded for containers for nuclear waste. Early in May, Sellafield said it had awarded a 10-year, $73 million contract to Stainless Metalcraft, a division of engineering firm Avingtrans, for development of a storage...
  • Blog Post: Report Says Areva Over-billed TVA For Assessment Work At Bellefonte Site

    The Tennessee Valley Authority’s Inspector General said that French nuclear engineering firm Areva over-billed the TVA by more than $1.2 million for assessment work at the unfinished Bellefonte Nuclear Power Plant in Hollywood, Alabama. Areva has already returned $607,637 to the TVA for over...
  • Blog Post: S. African Energy Minister Says Nuclear Power Partner Will Be Chosen Soon

    South Africa’s Energy Minister Tina Joemat-Pettersson said this week that the country would chose a strategic partner or partners by the end of the year who would help build a fleet of nuclear power plants. Newswire service AFP reported that South Africa’s goal is to build eight nuclear...
  • Blog Post: In New York, Fate Of R.E. Ginna Deal Is In Public Service Commission's Hands

    The New York Public Services Commission is listening, and on the line is a deal struck by Rochester Gas & Electric and Exelon Corporation, the owners of the R.E. Ginna Nuclear Power Plant in Ontario, New York, that Exelon says will keep the nuclear power plant in the black through 2017 and possibly...
  • Blog Post: Areva To Cut Up To 6,000 Jobs, Mostly In France

    French nuclear plant builder Areva said Thursday that it would soon negotiate with union leadership with the aim of cutting 18 percent of its labor cost, a move that would mean a loss of between 4,000 and 6,000 jobs. Along with job losses, which would be part of a two-year plan, the company said it...
  • Blog Post: Areva Announces NUHOMS Contract And Bavarian Plant Milestone

    Struggling French nuclear power giant Areva notched some positive news this week, including Tuesday's announcement that used fuel storage division Areva TN had signed a module supply contract with Exelon Nuclear. The contract calls for 30 NUHOMS horizontal storage modules (HSM)-H for used fuel...
  • Blog Post: NRC Grants DTE Energy License To Build And Operate Fermi 3

    The Nuclear Regulatory Commission on Thursday granted permission for DTE Energy in Michigan to add another nuclear reactor to the Enrico Fermi Nuclear Generating Station in the Frenchtown Charter Township in Michigan on the shores of Lake Erie. The facility, operated by DTE Energy Electric Company...