Russia’s Rosatom to start construction of 7th power unit at Chinese nuclear power plant — RT Business News

The construction of a new power unit at the Tianwan Nuclear Power Plant (NPP) in China will begin in 2021, according to Russia’s state nuclear corporation Rosatom. It’s the biggest joint NPP project between the two nations. Together with the Chinese partners, we have already built four power units at this site and thus have …

Uranium Week: The Chase Is On

As interest from financial investors and ongoing producer purchases continue to push up the uranium spot price, utilities are now in a hurry to top up supplies before year end. As producer purchases of uranium continue to underpin spot prices, with Cameco now having specifically disclosed its purchase intentions through  2018-19 (See: Producer Power from …

Aging Tokai nuclear plant outside Tokyo cleared to restart

The nation’s nuclear watchdog on Nov. 7 formally approved a 20-year extension of the only nuclear reactor in the Tokyo metropolitan area, although local communities will have the final say on the restart. Operator Japan Atomic Power Co. will need the consent of the Ibaraki prefectural government, as well as six local municipalities, including the …

Third China Westinghouse AP1000 reactor ready for commercial operation

A Westinghouse-designed AP1000 nuclear reactor on China’s east coast is ready to go into commercial operation after completing a test run, the China National Nuclear Power Corp (CNNP) said. The second unit at Sanmen in Zhejiang province will be the third AP1000 reactor to go into commercial operation in China. It completed a 168-hour full-power …

Five groups may join Brazil’s Eletronuclear to complete power plant project

Five groups are considering whether to partner with Brazil’s state-controlled Eletronuclear to resume construction of nuclear power plant Angra III, already partially built by the government, newspaper Valor Econômico reported on Tuesday, citing unidentified sources. The foreign companies’ interest in the venture grew after a government agency raised the price of the energy produced at …

Saudi’s Mohammed bin Salman launches project for kingdom’s first nuclear plant

Saudi Crown Prince Mohammed bin Salman launched a project on Monday to build the kingdom’s first nuclear reactor. Described as a low-energy nuclear research reactor by the state-run Saudi Press Agency, the project is among seven other strategic developments which the prince launched during a visit to King Abdulaziz City for Science and Technology, a …

Three more French nuclear reactors cleared in regulator ASN’s Creusot review

French nuclear operator EDF has received clearance to restart three more reactors in the Creusot review, a spokeswoman for nuclear safety regulator ASN told S&P Global Platts Tuesday. This brings the number of reactors cleared to 49, leaving nine of the total 58 still awaiting clearance. The three reactors cleared since the last update on …