Bangladesh finds way to pay Russia for nuclear plant: with yuan

Using China’s currency to skirt bank restrictions could irk Western partners Bangladesh appears to have found a workaround for stalled payments it owes Russia for a nuclear power plant: settling them in Chinese yuan. With U.S. and European sanctions barring Russia from much of the international banking system, Dhaka has been scrambling for ways to settle …

Olkiluoto nuclear plant addition will impact Estonia’s electricity prices

Olkiluoto Nuclear Power Plant in Finland, which is due to come on line at full capacity on Monday, will significantly improve Estonia’s security of supply and also bring down energy prices. However, a shortfall in transmission capacity between Finland and Estonia means that price differences between the two countries will persist until the Estlink 3 …

Joint venture established for second Polish plant

A joint special purpose vehicle – named PGE PAK Energia Jądrowa SA – has now officially been formed by Polish companies ZE PAK and Polska Grupa Energetyczna (PGE) to implement the project to construct a nuclear power plant in Pątnów in central Poland. The plant will comprise two APR1400 reactors supplied by Korea Hydro & …

Westinghouse Celebrates Milestone Achievement for China’s Sanmen Nuclear Plant

Next Wave of Reactors Utilizing AP1000® Technology Moving Forward Westinghouse Electric Company congratulates CNNC Sanmen Nuclear Power Company Limited and their partners for the pouring of first nuclear concrete for Sanmen Unit 4. This significant milestone will further demonstrate the economic and schedule benefits of utilizing AP1000® technology through its Nth-of-a-kind deployment and modular construction. …

KHNP and Doosan Enerbility sign a $2.3 billion supply deal

From left: Doosan Enerbility President Jung Yeon-in, Industry Minister Lee Chang-yang, and Korea Hydro & Nuclear Power CEO Whang Joo-ho during a signing ceremony held at the Four Seasons Hotel Seoul in central Seoul, Wednesday [YONHAP] Korea Hydro & Nuclear Power (KHNP) and Doosan Enerbility signed a 2.9 trillion won ($2.3 billion) component supply agreement …

ENRRA approves third unit for Dabaa nuclear power plant with safety measures

The Egyptian Nuclear & Radiological Regulatory Authority (ENRRA) has given the green light to establish a third unit for the Dabaa nuclear power plant. According to a statement released by ENRRA on Wednesday, discussions were held with representatives from the Nuclear Power Plants Authority‎ (NPPA) to evaluate the first two units and plan for the …

Environmental permits granted for Sizewell C

The UK’s Environment Agency has granted EDF Energy subsidiary NNB Generation Company (Sizewell C) Limited three environmental permits for the planned Sizewell C nuclear power plant in Suffolk, England. Meanwhile, Sizewell C and Associated British Ports (ABP) are developing plans to locate a unique Direct Air Capture (DAC) facility at Lowestoft, capable of removing carbon …