Reforging its core business to return to competitiveness after record losses of €4.83 billion in 2014, French nuclear firm AREVA has split its five operational business units and rebranded them—again. All its assets related to the design and manufacture of nuclear reactors and equipment, fuel design and supply, and services to existing reactors now fall …
Emirates Nuclear Energy Corp., building the world’s largest single nuclear project, is testing operations of what could be the first reactor in the United Arab Emirates. The Barakah project of four plants in Abu Dhabi is more than 87 percent finished, with unit 1 being prepared and tested, ENEC said Wednesday in an emailed statement. …
Kazakhstan, the world’s leading uranium producer, and China, the prospective global leader in nuclear-based power generation, are looking to benefit from mutual energy cooperation in the foreseeable future. Air quality, especially in major industrial agglomerates, along with strong dependence on oil, and rapidly growing electricity consumption remain China’s formidable energy challenges. However, for the last …
Despite robust growth in earnings, the head of New Jersey’s largest power utility told Wall Street analysts he’d make good on his pledge to close the state’s remaining nuclear power plants unless lawmakers agree to a surcharge to keep them profitable. And that surcharge would come in the form of higher utility bills for customers …
China is set to more than triple its nuclear energy capacity over the next 20 years, overtaking the U.S. to become the world’s largest nuclear-power producer, according to the International Energy Agency. Speaking at the International Petroleum Week conference in London on Wednesday, IEA Executive Director Fatih Birol expressed concerns that the U.S. and Europe …
Stan Wise has been a member of the Georgia Public Service Commission since 1995, serving as chairman for several terms. The PSC, which regulates the state’s utilities, has been at the center of the fight over nuclear power in Georgia for decades. In December, the PSC voted to allow Georgia Power to continue the construction …
Chugoku Electric Power Co. will initiate procedures to gain approval to start operations of a nuclear reactor whose construction was halted in the aftermath of the 2011 earthquake and tsunami disaster. The utility began construction of the No. 3 reactor at its Shimane nuclear power plant in 2005, and work was close to completion when …
EDF’s nuclear output targets for its French nuclear fleet for 2018 and 2019 are taking into account various uncertainties, the operator said late Friday following its annual results presentation. For 2018, EDF forecasts a rebound to 395 TWh after last year’s output fell to its lowest level since 1992 at 379 TWh. For 2019, the …
It may have been a 3-day holiday weekend for most federal employees, but workers and contractors at TVA’s oldest nuclear plant were busy over the weekend working on the first phase of what will one of the largest power upgrades of an existing U.S. nuclear plant. TVA is installing new equipment on the Unit 3 …
Saudi Arabia’s King Salman bin Abdulaziz Al Saud stressed his keenness to develop bilateral relations between Riyadh and Moscow, reiterating the need to bolster cooperation between the two countries in the field of energy. This came during the meeting between King Salman and Russian Minister of Energy Alexander Novak. Minister of Energy, Industry and Mineral …
