Browse by Tags

The Clinton nuclear power plant in the USA will begin producing cobalt 60 for medical and industrial use, according to plant owner Exelon and GE Hitachi.

US utility Exelon said that it might have to close its Oyster Creek nuclear power plant after New Jersey officials issued a draft permit requiring cooling towers to be constructed.

Refuelling and steam generator replacement was disturbed on 21 November by the sounding of an airborne radiation alarm at Three Mile Island 1. About 150 workers went home early and some were checked for contamination after one of three detectors registered heightened levels of radioactivity. Plant owner...

Areva has delivered two steam generators for unit 1 of Exelon's Three Mile Island nuclear power plant in Philadelphia. It took eight weeks to transport the components from the manufacturing site in France.

Exelon will not be renewing its membership in the US Chamber of Commerce in protest at the organization's opposition to climate change legislation. The company is the biggest US operator of nuclear power plants and the third energy company to take such a stance.

Having said it would consider a revised offer from Exelon, the board of NRG Energy has determined that Exelon's revised proposal still significantly undervalues the company and is not in its shareholders' interest.

Exelon has today increased its offer to acquire NRG Energy by 12.4%. Yesterday, NRG had again recommended that its shareholders reject Exelon's original offer, saying that it undervalued the company, but said that it would consider an increased offer.

Exelon's plans for new nuclear build at the Victoria site have been put back. The company is not continuing with its application to build.

NRG Energy's lawsuit alleging that Exelon Corporation had no intention of completing its exchange offer for the company has been rejected by a US court.

Jobs are being lost at one of the world's largest nuclear utilities in a search for efficiency during "today's difficult economic and business circumstances."

US utility Exelon has launched a series of power uprates of its reactors, which in total will add between 1300 and 1500 MW of additional generating capacity, equivalent to a new reactor, within eight years. An uprate at the Quad Cities plant is the first of many planned.

Exelon - operator of the largest fleet of nuclear power plants in the USA - has signed a long-term contract with Russia's Techsnabexport (Tenex) for the supply of enriched uranium. The contract is similar to those with other US utilities announced last week.

Exelon's Oyster Creek nuclear power plant - the oldest operating in the USA - can continue operating after the Nuclear Regulatory Commission (NRC) renewed the plant's operating licence.

BREAKING NEWS A GE Hitachi reactor should be built by Exelon at Victoria after all. The utility dropped the ESBWR design in November last year, but will now use the ABWR design instead.

The atmosphere between Exelon and its takeover target NRG has further soured with a new lawsuit over Exelon's strategy and statements.

Exelon is to introduce an emissions-free energy product, with over 90% of the power to come from nuclear plants. The initiative is to satisfy business customers that want low-carbon power.

Exelon announced that, as of 6 January, shareholders had tendered 106,338,942 shares of common stock of electricity generator NRG Energy in its exchange offer, representing just over 45.6% of all outstanding shares of NRG common stock. John Rowe, Exelon's chairman and CEO, said, "We are very...

Exelon Nuclear no longer thinks GE-Hitachi's Economic Simplified Boiling Water Reactor (ESBWR) is the best choice for its proposed new plant at Victoria, Texas, and is in discussions with reactor vendors to decide on an alternative.

The board of US electricity generator NRG has unanimously rejected Exelon's bid for the company, saying the unsolicited offer grossly undervalues the company and is not in the best interests of its shareholders.

The financial crisis is not expected to have a significant effect on the fortunes of nuclear companies. Areva and Exelon both posted results today, putting faith in the strong fundamentals of their businesses.

A $6.2 billion offer has been made for nuclear generator NRG after its stock price slid by 50% in a month on worries about its levels of debt. It is the second large power firm buyout in America related to the global financial failure.

US utility Exelon is upgrading steam turbines at six of its nuclear power units. The $420 million project should result in about 240 MWe more power across the six units, which have all had 20-year extensions to the operating licenses.

Electricite de France (EdF) and Exelon have signed a 5-year agreement to cooperate on managerial and technical matters, such as outage management, fuel operations and equipment reliability. It specifically excludes "any joint venture or new build effort."

An earthquake of magnitude 5.2 that occurred in the US state of Illinois had no serious affect on nuclear power plants. A spokesman from Exelon said there had been no damage to its 11 reactors in the state, which operated normally throughout.

Exelon has selected a site some 20 miles (32 km) south of Victoria in Victoria County, Texas, as the site for a combined construction and operating licence (COL) application for a new nuclear power plant, the company announced on 18 December. Exelon said in June that two sites in Texas were under consideration...