Rosatom expands overseas links with new agreements

Rosatom, the Russian state nuclear corporation, yesterday signed a series of agreements with overseas companies during the Atomexpo conference and exhibition being held this week in Sochi, Russia. The agreements, with Chile, China, Cuba, Finland, Hungary, Iran, Italy, Kazakhstan, Saudi Arabia, Serbia, Spain and Zambia, include the engineering and medical sectors, among others. Rosatom and …

A Hated Commodity With Huge Upside

There’s one commodity that’s down three quarters from its 2011 level, and even more from its 2007 peak. But it appears to have found a base, moving sideways for the last year. With supply being slashed and steadily growing demand, it has the potential to rocket in future. The commodity in question is uranium. A …

UK engineer enables nuclear power-plant restart after two years – Yorkshire Post

Sheffield Forgemasters has completed a contract to enable the world’s oldest nuclear power plant to restart A UK manufacturer of components for civil nuclear power has completed manufacturing, research and consultancy work to allow the world’s oldest working nuclear reactor to restart. Sheffield Forgemasters International Ltd (SFIL) was contracted by plant operator, AXPO, to investigate …

Reactor restarted at 3rd nuclear power plant

Taipei, May 16 (CNA) The number one reactor at Taiwan’s third nuclear power plant was restarted Wednesday following approval by the relevant government agency, the operator Taiwan Power Company (Taipower) said. The 951-megawatt reactor at the power plant in Pingtung County was shut down April 3 for maintenance work, which was completed in early May, …

From Russia: Reactor will drive Finnish nuclear power plant

Finnish Fennovoima’s CEO Toni Hemminki after an interview with NE at the international forum Atomexpo, Sochi, Russia, May 14, 2018. SOCHI, Russia –Finnish nuclear power company Fennovoima is expected to begin constructing the Hanhikivi 1 nuclear power plant in the northern part of Finland by the end of 2020. Supplied by Russian state corporation Rosatom, …

Bulgaria PM plans to restart second atomic power project

Six years after freezing the construction of a second nuclear power plant, Bulgarian Prime Minister Boyko Borissov announced on Saturday (12 May) he intends to restart the project. Chinese investors have already expressed interest. Bulgaria, which joined the European Union in 2007, has closed four 440 megawatt Soviet-era reactors at the Kozloduy nuclear plant for …

Electric utilities at risk from climate goals despite Paris exit, Moody’s says

Credit ratings giant Moody’s is warning that a big chunk of the nation’s electric utilities are at risk of closing because of the transition toward renewable energy, which is occurring despite President Trump’s decision to pull the U.S. out of the Paris climate change agreement. The report, issued Tuesday, says not-for-profit public power and cooperative …