Hitachi’s U.K. nuclear project to get guarantees from government

Hitachi Ltd’s Horizon Nuclear Power unit has received an assurance from the British government that it will guarantee loans for the construction of two reactors in Wales, the Mainichi newspaper reported on Wednesday. British Prime Minister Theresa May met Hitachi Chairman Hiroaki Nakanishi last week in London and asked him to go ahead the project, …

Saudi energy minister ‘optimistic’ on South Korea being shortlisted for nuclear project

Saudi Arabia Energy Minister Khalid al-Falih speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf Hussain Saudi Arabian Energy Minister Khalid al-Falih said on Friday he was “optimistic” about South Korea being shortlisted to build nuclear power plants for the Middle Eastern kingdom. Falih told reporters …

France, India Moving Forward with Massive Nuclear Project

India’s government-owned National Nuclear Power Corp. (NPCIL) in March signed cooperation agreements for equipment and construction related to the massive 9,900-MW Jaitapur project in Maharashtra, the world’s largest nuclear plant project in terms of generation capacity. Jaitapur is the key project in nuclear collaboration between India and France, which was first broached in 2009 when …

FirstEnergy Solutions Files Certification Letter with NRC Affirming Plans to Deactivate Three Nuclear Generating Plants

AKRON, Ohio, April 25, 2018 /PRNewswire/ — FirstEnergy Solutions (FES), a competitive generation subsidiary of FirstEnergy Corp. (NYSE: FE), today announced that it has filed a Certification Letter with the U.S. Nuclear Regulatory Commission (NRC) formally notifying the Commission of its decision to permanently deactivate its nuclear power plants – two in Ohio and a third …

German power plant lobby sees tighter nuclear power supply by 2023

FRANKFURT (Reuters) – German power companies see a potential gap between conventional electricity supply and demand by the early 2020s, urging policymakers to help investors plan better by rewarding conventional capacity and speeding power grid expansion. “Existing overcapacity will not just disappear completely within a few years. What’s more worrying is that we will run …