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Nuclear Projects Feature On EC List Of ‘Priority Investments’

Policies & Politics Major nuclear energy projects have been included in a list of priority investments that could be financed over the next three years as part of a €315 billion investment plan outlined recently by European Commission president Jean-Claude Juncker. Among the projects on the list, prepared ...


World Energy Outlook Warns Nuclear Industry On Decommissioning And Disposal

Decommissioning The nuclear energy industry needs to be ready to manage “an unprecedented rate” of decommissioning with almost 200 of the 434 reactors that were operating commercially at the end of 2013 to be retired by 2040, a report by the International Energy Agency said. World Energy Outlook ...


Russia Could Build Up To 24 Reactors In India, Media Reports

Plans & Construction Russia may build between 20 and 24 nuclear reactor units in India against the 14 to 16 already agreed, the Times of India said, citing Russia’s ambassador Alexander Kadakin.


Fortum Plans Significant Investment In Hanhikivi Nuclear Project

Plans & Construction 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 to over 60 percent.


NuGen Signs Moorside Agreement With UK Treasury

Plans & Construction NuGen has signed a cooperation agreement with the UK’s Treasury to promote financing for a new nuclear power station at Moorside, West Cumbria. NuGen said the agreement “establishes a process” to enable access to the government’s UK Guarantees Scheme, which was introduced in 2012 ...


Regulatory Uncertainty Is Largest Barrier To Energy Investment, Says EC

Policies & Politics The largest barrier to investment in the European energy sector is regulatory uncertainty, the director-general for energy at the European Commission (EC), said at a conference on shaping the EU’s energy policy to boost competitiveness. Dominique Ristori said at the Brussels conference that Europe ...


November Newsletter No194

A GREAT DEAL TO BE PLEASED ABOUT I am fortunate to have succeeded my old friend Sir Bernard Ingham as SONE’s Secretary at a time when we have a great deal to be pleased about and to look forward to.


All eyes on Hinkley

The European Commission’s decision that the revised UK support package for EDF’s Hinkley Point C nuclear project is compatible with EU state aid rules does not necessarily provide an easy blueprint for subsequent projects. Other EU nuclear project sponsors and investors face a number of difficult issues that ...


Regulatory Uncertainty Is Largest Barrier To Energy Investment, Says EC

Comment & People The largest barrier to investment in the European energy sector is regulatory uncertainty, the director-general for energy at the European Commission (EC), said yesterday at a conference on shaping the EU’s energy policy to boost competitiveness. Dominique Ristori said at the Brussels conference that Europe ...


NRC Safety Report Paves Way For First ESBWR Licence

Security & Safety A US Nuclear Regulatory Commission final safety evaluation report concluded there are no safety aspects that would prevent issuing a licence for construction and operation of a GE-Hitachi Nuclear Energy (GEH) Economic Simplified Boiling Water Reactor (ESBWR) at the Enrico Fermi nuclear power plant site ...


Areva Suspends Financial Targets, EDF Confirms Flamanville-3 Delays

Plans & Construction French nuclear group Areva has suspended its 2015 and 2016 financial targets, blaming delays to the Olkiluoto-3 EPR project in Finland, the slow restart of Japan’s reactors and a lacklustre nuclear market. Meanwhile today, EDF said the Flamanville-3 EPR being built by Areva in ...


Agreement Signed For Construction Of Russia’s MBIR Fast Neutron Research Reactor

Plans & Construction An agreement has been signed for the construction and installation of the MBIR multipurpose fast neutron research reactor, which will be built at Russia’s Scientific Research Institute of Atomic Reactors (NIIAR) near Dimitrovgrad in western Russaia, state nuclear corporation Rosatom said. The agreement, signed between ...


US Nuclear Industry Maintains ‘Excellent’ Safety Record, Says NRC Report

Security & Safety Nuclear reactor and materials licensees maintained their “excellent” safety record during the fiscal year that ended on 30 September 2014, according to the Nuclear Regulatory Commission Performance and Accountability Report for Fiscal Year 2014, issued yesterday. The report says the NRC’s chief achievement was ...


US MOX Facility Receives 10-Year Construction Licence Extension

Uranium & Fuel The US Nuclear Regulatory Commission has approved a 10-year extension of the construction authorisation for the Mixed Oxide Fuel Fabrication Facility under construction at the Department of Energy’s Savannah River site in South Carolina. CB&I Areva Mox Services, formerly known as Shaw Areva Mox ...


Tepco Removes Second Panel From Fukushima Roof Cover

Decommissioning Tokyo Electric Power Company has removed the second of six panels that make up the roof covering the reactor building at Unit 1 of the Fukushima-Daiichi nuclear power station. The work is being carried out as a step towards the building’s dismantling, the Japan Atomic Industrial ...


India ‘In Talks’ With EU On Possible Nuclear Pact

Policies & Politics India is in talks with the European Union to sign a civil nuclear cooperation agreement and the deal is expected to be signed next year, The Times of India reported. The newspaper quoted the EU’s ambassador to India, Joao Cravinho, as saying the agreement ...