TVO increases claim against Areva-Siemens in arbitration

22 October 2014

Olkiluoto 3 - September 2014 - 250 (TVO)

Finnish utility Teollisuuden Voima Oyj (TVO) has revised its estimated costs and losses relating to the continued delay in completion of the first-of-a-kind EPR at Olkiluoto.

TVO said that it has increased its estimated costs and losses to €2.3 billion ($2.9 billion) up to the end of 2018, the latest expected commissioning date for the reactor announced by the turn-key constructor, the Areva-Siemens consortium. In late 2012, it had estimated costs and losses of some €1.8 billion ($2.3 billion) up to the end of 2014.

The company said that it submitted the updated estimate to the International Chamber of Commerce (ICC), an international arbitration court, on 20 October.

Rosatom groups engineering expertise

22 October 2014

Atomenergoproekt has been placed under the executive control of another Rosatom subsidiary in order to consolidate Russia's nuclear power engineering expertise into a single division.

EU-APWR passes EUR assessment

22 October 2014

EU-APWR 48Mitsubishi Heavy Industries' European version of its Advanced Pressurized Water Reactor (EU-APWR) has been formally certified as compliant by the European Utility Requirements (EUR) organisation.

Licence application for Brazilian mine

21 October 2014

Mining is expected to begin at Brazil's Engenho uranium deposit next year, according to front-end fuel cycle company Indústrias Nucleares do Brasil. A licence application for the mine is currently before the national regulator.

Paducah deactivation begins

22 October 2014

Paducah_handover_ceremony_(DoE)_48Work to deactivate the former Paducah gaseous diffusion enrichment plant can begin in earnest after Centrus Energy subsidiary United States Enrichment Corporation formally handed back full control of the Kentucky complex to the US Department of Energy (DoE).

Russia completes TVS-5 tests

22 October 2014

BREST-300 fuel assembly 48Russia has completed testing of the TVS-5 fuel assembly with mixed-oxide fuel containing nitrides, the prototype fuel for the pilot demonstration reactor BREST-OD-300 that is to be built at the site of the Siberian Chemical Combine in Tomsk. Construction work is to start in 2016 and be completed in 2020.

South Africa plans next steps with vendors

21 October 2014

South Africa is moving towards signing framework agreements with China and Japan and is inviting would-be reactor vendor countries to participate in workshops to showcase their offerings as it moves through the pre-procurement phase of its nuclear new-build plans.

A long view of nuclear

More than a century has passed since radiation and nuclear energy were discovered and the image of those energy sources has undergone much evolution with the passing of several cultural waves, each of which left its mark on the public's perception and attitude to nuclear power, writes Jeremy Gordon.
 
At the time radiation was discovered, in 1898, science was in an era of rapid progress with new inventions changing the world before their downsides were known. There were no controls on what was said about radiation and deliberate myth-making by some early nuclear scientists and salesmen connected radiation deeply with biology and life, while also supposing that radiation possessed almost unlimited potential in these areas and others.
 
Although these ideas proved to be fantasies, they were in parallel with a concept that had been developing in several science fiction novels - that of a 'mad scientist' who through error or misjudgement might accidentally unleash a force beyond his control or even destroy the world. So it is no wonder that, as the world stood horrified by the destruction by the first atomic bombs during the last days of World War II, the nuclear scientists themselves were also shocked to the core.

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