Challenges include growing debt load, reactor repairs CEO Remont will present new strategy in the coming weeks Electricite de France SA is set to return to full state ownership on Thursday, almost 18 years after its listing on the Paris stock exchange. Its nationalization ends a bumpy ride for shareholders but many challenges still loom large for the …
Hungary’s Foreign and Trade Minister Peter Szijjártó said preparatory works would start for the Paks II nuclear power plant project in Hungary next month. It followed talks with Rosatom Director General Alexei Likhachev. “The modified contractual framework ensures faster progress with full respect for safety rules,” he said, referring to the contract updates agreed between Rosatom …
The CA03 module – weighing about 230 tonnes – has been hoisted into place at unit 3 of the Haiyang nuclear power plant in China’s Shandong province. Together with the CA02 module, the CA03 makes up the in-containment refuelling water storage tank. The tank, which holds up to 500,000 gallons – nearly 2 million litres …
Units 3, 4, 5 and 6 of the Tianwan nuclear power plant passed their final acceptance on May 31, in East China’s Jiangsu province. Units 3 and 4 — the second phase of the Tianwan plant — have a unit capacity of about 1.13 million kW. Having started construction on December 27, 2012, the two units were put into commercial …
Armenia plans to build a new nuclear power plant by 2036. Which country will be the energy partner for this project is not yet clear. Cooperation with Russia, the USA and other countries is being discussed. According to the prime minister, the government is studying proposals to understand “which option is more economically viable.” In 2022 …
Labour leader pledges to get stalled projects operational to boost energy security, cut costs and create jobs Keir Starmer has described nuclear power as a “critical part” of the UK’s energy mix and pledged to get stalled projects over the line, as Labour positions itself firmly behind the technology. Before the Labour leader presents his net zero …
Constellation Energy has agreed to purchase NRG Energy’s 44% stake in the South Texas Project (STP) for USD1.75 billion. The plant – located about 90 miles southwest of Houston – comprises two 1280 MWe pressurised water reactors which began providing electricity in 1988 and 1989, respectively. NRG announced it has entered into a definitive agreement …
The Pakistan Nuclear Regulatory Authority (PNRA) has granted an operating licence for unit 3 of the Karachi nuclear power plant, the second of two Chinese-supplied Hualong One reactors at the site. Units 2 and 3 of the Karachi site – near Paradise Point in the province of Sindh – are the first exports of China …
A law on power sources for green transformation and decarbonization is enacted during a plenary session of the House of Councillors in Tokyo on May 31, 2023. (Kyodo) Japan’s parliament passed a bill Wednesday that allows nuclear reactors in the country to be operated beyond the current limit of 60 years to help cut …
The Palisades nuclear plant closed in May 2022 Gov. Gretchen Whitmer has pushed since then to reopen it A new caucus of lawmakers backs the effort, which could cost taxpayers $300 million or more The push to repower the shuttered Palisades nuclear power plant has momentum in Lansing, with a bipartisan caucus pledging support for …