Taipower request to restart nuclear plant reactor approved

Taipei, March 5 (CNA) Taiwan Power Co.’s (Taipower’s) application to restart the second reactor at its No. 2 nuclear plant in New Taipei’s Wanli District has gained approval from the Atomic Energy Council (AEC) following a 30-day safety review, according to the results of the AEC safety review released Monday. Taipower’s application will now proceed …

PSEG to Wall Street: We’re serious about closing New Jersey’s nuclear power plants

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 …

Utility eyes NRA screening nod for new nuclear reactor in Shimane Japan

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 French nuclear 2018-19 targets ‘take into account uncertainties’

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 …

Seven of Japan’s Ten Power Companies See Falling Profits Due to Higher Fuel Costs: Key Is Restarting NPPs

On January 31, Japan’s ten major power companies announced their fiscal results for the first three quarters of fiscal 2017 (that is, from April to December 2017). Ordinary profits at seven of them declined year-on-year, the exceptions being the Hokuriku Electric Power Co., the Shikoku Electric Power Co., and the Okinawa Electric Power Co. The …

Shikoku Electric Power Enjoys Increased Revenues after Ikata-3 Restart

On January 30, Japan’s Shikoku Electric Power Co. released its consolidated accounts for the third quarter of FY2017 (April 2017 to March 2018). Partly due to increased quantities of electric power sold to other power utilities thanks to the resumption of operations at its Ikata-3 Nuclear Power Plant (PWR, 890MWe), the company’s operating revenues were …

EDF proposes shutting down some French reactors from 2029

PARIS (Reuters) – French utility EDF wants to keep most of its nuclear reactors running until at least 2029, a plan that could delay the government’s goal of reducing the share of atomic power in the country’s energy generation. Philippe Sasseigne, EDF’s head of nuclear generation, said on Tuesday the state-controlled company wanted to keep …