News archive
Nuclear-industry articles and summaries, with original dates and attribution.
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Finland Approves Hanhikivi-1, Commercial Operation Scheduled In 10 Years
Source: NucNet5 Dec (NucNet): The Finnish Parliament today approved plans by Fennovoima Oyj to build the Hanhikivi-1 nuclear plant at Pyhäjoki, with Fennovoima saying commercial operation is scheduled in 10 years. …
China Considers Merger Of Its Two Largest Nuclear Power Companies
Source: NewsSeeking to increase competitiveness on the international stage, Chinese authorities are considering a plan to merge the China National Nuclear Corporation and the China General Nuclear Power Corporation, an industry consultant said. The government's State-Owned…
EDF Chief de Rivaz Says Areva Financial Woes Have Not Derailed Hinkley Point C Project
Source: NewsEDF Chief Executive Officer Vincent de Rivaz said at a nuclear convention in Britain that financial difficulties pressing on project partner Areva would not derail the $25 billion Hinkley Point C power station project slated…
AREVA Signs Contract with Exelon for Used Nuclear Fuel Storage
Source: NewsAREVA has been awarded a multimillion-dollar contract by Exelon for the supply of used nuclear fuel storage systems. This contract includes the delivery of NUHOMS® 61BTH dry shielded canisters and horizontal storage modules to the…
China General Nuclear Power Nets $3.16 Billion in Hong Kong Stock Launch
Source: NewsChina General Nuclear Power Company sold 8.8 billion shares Wednesday, raising $3.16 billion in the largest initial stock offering on the Hong Kong stock exchange in a year. The company that produces about half of…
France’s IRSN To Investigate Ageing In Reactor Containment Buildings
Source: NucNet4 Dec (NucNet): France’s Institut de Radioprotection et de Sûreté Nucléaire (IRSN) has announced a new research programme to investigate the ageing of concrete in nuclear reactor containment buildings. …
Ukraine Incident ‘INES Level 0’ And Of No Safety Significance, Says Regulator
Source: NucNet3 Dec (NucNet): An incident that caused the Zaporozhye-3 nuclear reactor in Ukraine to shut down automatically was the result of an electrical control component failure and did not result in any release of radioactivity,…
Fortum Deal Overcomes Two Hurdles For Hanhikivi 1 NPP
Source: NewsDeal-making in Finland has overcome two government roadblocks to issuing a construction permit for the Hanhikivi 1 nuclear power plant slated for northern Finland. The country's largest utility company Fortum, which has run the Loviisa…
EBRD Announces Additional €350 Million For Chernobyl Confinement
Source: NucNet3 Dec (NucNet): Governors of the European Bank for Reconstruction and Development (EBRD) have approved an additional €350 million in bank funding for the completion of the Chernobyl New Safe Confinement on the site of…
Fortum Plans Significant Investment In Hanhikivi Nuclear Project
Source: NucNet3 Dec (NucNet): Finland’s biggest electricity company, Fortum, is ready to make a significant investment in Fennovoima’s planned Hanhikivi nuclear power station in northern Finland. The deal would increase domestic ownership in the planned facility…
Survey Shows Industry’s Concern Over Prolonged Shutdowns In Japan
Source: NucNet2 Dec (NucNet): The business environment has “worsened significantly” for the nuclear energy industry in Japan since the nuclear accident at Fukushima-Daiichi in March 2011, with concern over the effects of prolonged shutdowns on the…
UK To Back Nu-Gen Loans For Moorside 3-Reactor Plant
Source: NewsThe British government revealed Tuesday it had worked out an agreement to guarantee funding for a 3.4 gigawatt nuclear power plant slated for West Cumbria, an area of northwest England on the coast of the…
Germany's Largest Utility E.ON Will Spin Off Coal, Oil And Nuclear
Source: NewsGermany's largest utility firm E.ON SE said it planned to commit itself to renewable energy and spin off its fossil fuel and nuclear power production as a separate company. The move reflects the Germany government's…
China’s First I&C System Receives Independent Verification
Source: NucNet2 Dec (NucNet): China’s first domestically designed instrumentation and control (I&C) system for nuclear power stations has been awarded an independent third-party verification and validation certificate, China General Nuclear Power Group (CGN) said. …
Rosatom CEO Kiriyenko Expects Akkuyu NPP To Operate For 100-Years
Source: NewsRosatom Chief Executive Officer Sergey Kiriyenko told reporters in Russia that the first nuclear power plant to be built in the Republic of Turkey would be operational for up to 100 years. Kiriyenko said the…
IEA Calls For ‘Appropriate Incentives’ For Nuclear And ‘Immediate Decisions’ On Ageing
Source: NucNet1 Dec (NucNet): Appropriate incentives should be used to maintain the nuclear option as part of the European Union’s energy supply and immediate decisions need to be taken regarding the ageing of the EU’s reactor…
French President Hollande gets the bill from Areva
Source: Neutron BytesWith seven billion euros in debt, and layoffs looming, Areva’s interim CEO has a lot of explaining to do to the French government The French Parliament got into the act in reviewing Areva’s troubled finances…
Breaking: India’s PM Modi seeks changes to nuclear liability law
Source: Neutron BytesThe measure is strangling both domestic and global investment for India’s nuclear energy program. The nation’s plan to build 63 Gwe of nuclear power generating capacity is stalled out. Modi proposes fixed liability and an…
Restarting Japan’s nuclear reactors no easy task
Source: Neutron BytesThe government hopes to restart half of the nation’s nuclear fleet by the end of 2015 which would cut fossil fuel costs. Reactors old than 40 years are more likely candidates for decommissioning The Japanese…
Bounces and blips in European nuclear investment plans
Source: Neutron BytesThe outlook for the future of nuclear energy in Europe depends on what country you are in, and sometimes, which government is in power. It is hard to blame nuclear reactor vendors for being both…