Energy Giant EDF eyes faster India nuclear deal as other projects stall

NEW DELHI (Reuters) – French energy giant EDF is making progress in talks to sell India six nuclear reactors, said its chief executive on Thursday, with the stalled projects of rivals making him more confident a contract could be agreed sooner than first expected. CEO Jean-Bernard Lévy declined to commit to a timeline for when …

Brazil to request Chinese assistance to complete nuclear power plant

The Brazilian president Michael Termer is to look to Chinese financial and sector expertise to complete the country’s third nuclear power plant. The Angra 3 plant’s construction was commenced in 1984, but has for various reasons been delayed over the last three decades. The Brazilian nuclear energy company Eletronuclear will sign a cooperation agreement with China National …

Putin Tells Hungary’s Orban Nuclear Plant Expansion To Start Next Year

Russian President Vladimir Putin says work on expanding Hungary’s only nuclear power plant may begin early next year. “Work at the [Paks] construction site may start already at the beginning of the next year,” Putin told Hungarian Prime Minister Viktor Orban on August 28 during a visit to Hungary’s capital, Budapest. During a visit to …

Russia set to finish Akkuyu nuclear plant licensing by year-end

Russia hopes to finalize all necessary licenses and permits for Akkuyu, Turkey’s first nuclear plant, by the end of the year, Russian Energy Minister Alexander Novak has said. Contracting parties are working to obtain the last of the licenses for Akkuyu, Novak told state-run Anadolu Agency over the Aug. 19-20 weekend. Russia’s Rosatom and Turkish consortium Cengiz-Kolin-Kalyon …

Long-delayed Finnish reactor OL3 on track, fourth unit possible

EURAJOKI, Finland (Reuters) – Finland’s long-delayed Olkiluoto 3 nuclear reactor is on track to start production in December 2018 as it nears a comprehensive test phase, the plant’s project director said on Thursday. The third reactor at Olkiluoto, an island in Eurajoki on Finland’s western coast, is running almost a decade behind its original schedule, …

Russia to Help China Build Plant’s Nuclear Fuel Loading System by Next Summer

According to Rosatom, nuclear fuel loading into unit 4 of China’s Tianwan Nuclear Power Plant is planned for summer 2018. LIANYUNGANG (China) (Sputnik) – Nuclear fuel loading into unit 4 of China’s Tianwan Nuclear Power Plant (NPP) built with Russian participation is planned for summer 2018, a project leader at one of State Atomic Energy Corporation Rosatom’s enterprises told Sputnik. At …

Toshiba’s $8.8bn loss reignites fears over Cumbria nuclear project

The Japanese consortium behind the UK’s largest planned new nuclear project has unveiled an annual loss of almost $9bn (£6.9bn), underlining the stark risks of the Government’s high-cost nuclear ambitions. Toshiba has delayed publishing its full-year results while teams of auditors pore over the financial damage wrought by the collapse of its US-based nuclear developer …

Turkey to expand capacity to meet energy needs with 3 nuclear power plants in action

Striving to diversify energy supply channels as much as possible, Turkey plans to build three nuclear power plants between 2023 and 2030, which are expected to provide 10 percent of domestic electricity consumption, Energy Minister Albayrak said Energy and Natural Resources Minister Berat Albayrak delivered an extensive elaboration of Turkey’s national energy strategy, featuring the …