Nuclear Power Industry News

The U.S. is the global leader in nuclear energy technology manufacturing with a total market value that exceeded $45 billion in 2002 - By Stephen Heiser - Many world leaders now recognize that advancing nuclear technology is a catalyst for curbing dependence on carbon-based energy sources, and the United States is leading the charge among North American nations accelerating efforts to reduce...

Reports from the International Ministerial Conference on Nuclear Energy in the 21st Century - Edited by Stephen Heiser - The "International Ministerial Conference on Nuclear Energy in the 21st Century" opened on the morning of April 20 in Beijing. Reporters learned from a news conference at this meeting that 24 nuclear power units are currently under construction in China, and that...

Uranium Resources, Inc. (URI) announced yesterday that on Friday, April 17, 2009, the United States Court of Appeals for the Tenth Circuit issued its 2 to 1 decision ruling that Section 8 of URI’s Churchrock New Mexico property is Indian country . - By Abby Gessner - Section 8 is owned in fee by URI’s subsidiary company Hydro Resources, Inc. Indian country falls under the United States...

Comments came Monday in Beijing, on the opening day of a three-day international ministerial-level conference - By Linton Levy - The Vienna-based International Atomic Energy Agency says it is gearing up for a global resurgence of interest in nuclear energy. These comments came Monday in Beijing, on the opening day of a three-day international ministerial-level conference on the future of nuclear...

State Utility Commissioners Agree Environmental Compliance Will Be Costly; Believe Public Willing to Pay More for Cleaner Energy. - By Abby Gessner - April 20, WASHINGTON, A majority of energy regulators agree that reducing greenhouse gas emissions will increase the costs of electricity, however according to a survey from the Deloitte Center for Energy Solutions, the public is willing to pay...

EPA Finds Greenhouse Gases Pose Threat to Public Health, Welfare / Proposed Finding Comes in Response to 2007 Supreme Court Ruling - By April Murelio - After a thorough scientific review ordered in 2007 by the U.S. Supreme Court, the Environmental Protection Agency issued a proposed finding Friday that greenhouse gases contribute to air pollution that may endanger public health or welfare. ...

Nations interested in developing nascent nuclear technologies - By Stephen Heiser - Officials from Russia, India and China at a nuclear energy conference here confirmed Monday their countries' interest in developing nuclear technology including, a fast neutron reactor. Alexander Agapov of Russia's nuclear power corporation Rosatom, said Russia was planning 'a gradual transition...

Now Offering the Latest in a Series of Nuclear Street Enhancements for the Nuclear Power Professional - By Stephen Heiser - Nuclear Street ( www.nuclearstreet.com ) today publicly announced the launch of its online Video Section, accessible through the home page of www.nuclearstreet.com . Nuclear Street is the premiere web 2.0 new-media destination for nuclear industry professionals. Our focus...

Shaw is under contract with SNPTC for two Westinghouse AP1000s - By Stephen Heiser - The Shaw Group Inc. today announced the Nuclear Division of its Power Group and Westinghouse Electric Company, its AP1000 Consortium partner, along with China’s State Nuclear Power Technology Corporation (SNPTC), successfully completed placement of first nuclear concrete at the Sanmen nuclear power plant...

Company commitment to nuclear, renewables, and new grid technologies will create jobs - By Linton Levy - AREVA congratulated the Administration on its announcement yesterday to fund "smart grid" initiatives to develop a more efficient and secure electrical grid. AREVA will actively support the Administration initiative by working with customers to demonstrate and deploy smart grid technology...

China is pursuing an ambitious nuclear power capacity expansion - By Abby Gessner - Mirion Technologies, a leader in providing radiation detection, measurement, and analysis solutions, will showcase its products at China’s Eighth International Exhibition on the Nuclear Power Industry from April 19th-22nd in Beijing. Mirion will exhibit in both the International (booth Y11) and French (booth...

As part of the process, 62 of the 157 fuel assemblies will be exchanged and numerous safety inspections will be conducted - By Abby Gessner - FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. announced its Beaver Valley Power Station Unit 1, located in Shippingport, Pennsylvania, shut down earlier today for scheduled refueling and maintenance work. As part of...

The five projects will be constructed in the coastal Zhejiang Province, Shandong Province and southern Guangdong and Hainan provinces - Edited by Mark McFadden - China plans to build five nuclear power stations in the eastern and southern regions this year, the country's energy planner said here on Monday. The five projects will be constructed in the coastal Zhejiang Province, Shandong Province...

Through its subsidiary AREVA DONGFANG, AREVA has won two contracts worth over $196 million US dollars to supply Chinese utility CNPEC with 18 reactor coolant pumps. - By Abby Gessner - These pumps, essential components of the primary system of a nuclear reactor, will equip the 1000 MW Generation II plants in Yangjiang in Guangdong province and Ningde in Fujian province in South Eastern China...

U.S. Sen. Jeff Sessions, R-Ala., urges TVA to increase output by finishing or building a total of four reactors at the Bellefonte Nuclear Plant site - Edited by Stephen Heiser - According to a report in the Chattanooga Times Free Press, U.S. Sen. Jeff Sessions, R-Ala., urged the Tennessee Valley Authority to nearly double its nuclear power generation by finishing or building a total of four reactors...

Centrica today confirmed that they are still in discussions with Electricité de France S.A (‘EDF') on the possibility of Centrica taking an equity stake in British Energy and that these discussions extend to the possible sale to EDF of Centrica's 51% interest in SPE. - By Linton Levy - The companies expect these discussions to conclude within the next few weeks, however,...

Thousands of potential new jobs have been claimed by the generation of new nuclear power stations in the UK. - By Abby Gessner - Secretary of State for the Department of Energy and Climate Change (DECC), Ed Miliband explained that the nuclear power sector holds benefits for businesses across the country, and for individuals looking for employment in UK jobs. "Nuclear power is part of...

As early as 2000 the OECD identified the ageing of this very specialized workforce as one of the major challenges to knowledge retention in the nuclear industry - By Abby Gessner - The average nuclear scientist is well over 50 years old. The European Safeguards Research and Development Association (ESARDA) as part of an international effort to promote nuclear knowledge, has been educating...

Lee Yuan-tseh, a Nobel laureate and former president of the Academia Sinica, endorsed nuclear power over traditional coal-fired power yesterday and called for global collaboration on developing alternative energies. - Edited By April Murelio - Lee made the remarks at a press conference on the sidelines of the National Energy Conference, which brings together government officials, industry representatives...

Entergy Provides Preliminary First Quarter Earnings Guidance - By Linton Levy - Entergy Corporation today indicated that it expects first quarter 2009 as-reported earnings of approximately $1.19 per share and operational earnings of approximately $1.28 per share compared to as-reported and operational results of $1.56 per share in first quarter 2008. Entergy also affirmed previously issued earnings...

Constellation Energy’s Nine Mile Point Nuclear Station Unit 1 Completes Record Refueling Outage Key Generator of Emission-Free Electricity Poised to Continue Safe, Reliable Operations - By Abby Gessner - Constellation Energy today announced that its Nine Mile Point Nuclear Station Unit 1 in Scriba, N.Y. has completed a scheduled refueling outage. The refueling outage was completed in 19...

Prime Minister Vladimir Putin Supports $1.5Bln for Rosatom - Edited by Stephen Heiser - According to a report in The Moscow Times, Prime Minister Vladimir Putin said Wednesday that Russia would stand by its plans to build more nuclear power reactors and promised $1.5 billion more in state money to Rosatom to support its projects at home and abroad. State nuclear corporation Rosatom, which...

Company proposes some new solutions for a new workforce - Edited by April Murelio - In an article published on August 24, 2007 (“Help Wanted in the Nuclear Industry”), The Wall Street Journal described the current dilemma facing the nuclear power industry: “Faced with an aging, dwindling workforce, U.S. nuclear power companies are competing for young workers…” The...

According to the RA Ministry of Energy, the country may need $5bln to construct the unit - Edited by Stephen Heiser - Two international consortiums are rivaling a bid for construction of Armenia’s new nuclear power unit. Armenia invited bids for the new power unit’s construction on February 23. Considering the two applications, the competition committee gave preliminary approval...

Westinghouse Electric Company UK Ltd today begins the Government consultation process on the nominated sites for new nuclear power stations as an important stage in moving towards real projects beginning in the UK. - By Abby Gessner - BBC Radio 4 Today Program this morning spoke with Chairman of Westinghouse in the UK, David Bonser who stated: “I am in no doubt that nuclear power is a very...