Finland hopes new nuclear reactor eases energy crunch

Finland’s new Olkiluoto 3 nuclear reactor will be able to produce about one-fifth of the electricity the country consumes Olivier MORIN AFP After over a decade of delays, the deafening sound of Finland’s new Olkiluoto 3 nuclear reactor finally running its turbine at full power was welcomed with joy — and relief. The Nordic country is …

Westinghouse Adds Two AP1000® Technology-based Reactors in China

The New Units Using AP1000 Technology at Lianjiang Will Expand Carbon-Free Power Westinghouse Electric Company congratulates China’s State Power Investment Corporation (SPIC) on adding two additional AP1000® technology-based plants in China to its growing list of newbuild projects. China’s State Council recently approved the two units owned by State Power Investment Corporation (SPIC) at Lianjiang …

GSE Solutions Announces Newly Expanded Service Offerings Specifically for Nuclear Power Plant Life Extensions

GSE Systems, Inc. (“GSE Solutions” or “GSE” or the “Company”) (Nasdaq: GVP), a leader in advanced engineering services and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced it has begun to offer newly expanded service offerings specifically for nuclear power plant life extension services. GSE Engineering Services, …

Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

 Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. The deal for one of the most storied names in the American power industry at an equity value of $4.5 billion comes at a …

Greta Thunberg calls Germany using coal over nuclear a ‘bad idea’

The climate campaigner’s comments are being seized on by pro-nuclear politicians. Climate activist Greta Thunberg has slammed Berlin’s plan to shut down its remaining nuclear plants while increasing coal-fired power in comments that thrilled Germany’s pro-nuclear politicians and irked Greens. In an interview to be aired Wednesday, a teaser of which was shared online by TV host …

Unit 3 grid connection enhances energy security, adds over gigawatt of clean electricity capacity to UAE grid

The Emirates Nuclear Energy Corporation (ENEC) and its operations and maintenance subsidiary, Nawah Energy Company (Nawah), in partnership with the Abu Dhabi Transmission & Despatch Company (TRANSCO), a subsidiary of Abu Dhabi National Energy Company (TAQA), has successfully connected Unit 3 of the Barakah Nuclear Energy Plant to the UAE grid and is dispatching its …

Revival of nuclear power puts uranium in spotlight on the commodity market

With the rising price of oil and natural gas this year and supplies being embargoed from Russia, talk of nuclear power has increased substantially. Today we look at the commodity powering nuclear plants – uranium. Background Uranium occurs naturally in low concentrations in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as …