Corporate

Corporate
Entergy agrees to sell Indian Point

Entergy agrees to sell Indian Point

Entergy Corp has agreed to sell the Indian Point Energy Center to a subsidiary of Holtec International following the shut-down of the final reactor at the site, which is planned for 2021. Holtec-SNC Lavalin joint venture Comprehensive Decommissioning Inc will decommission the plant on an accelerated timescale.

Corporate 17 April 2019


China uprates its oldest reactor

China uprates its oldest reactor

In a first for the country, China has uprated its oldest power reactor, Qinshan 1, to 350 MWe (net) from its original 300 MWe. China National Nuclear Corporation said the engineering work "has important reference significance for the power enhancement of subsequent power stations, and plays an exemplary role in the life management of domestic nuclear power plants".

Corporate 17 April 2019


Ontario meets first refurbishment target

Ontario meets first refurbishment target

The reactor core of Darlington 2 in Canada has now been rebuilt, owner and operator Ontario Power Generation has announced, celebrating the installation of all its fuel channels. It is the first in a programme of ten reactor refurbishments.

Corporate 16 April 2019


Yellow Cake announces next uranium purchase

Yellow Cake announces next uranium purchase

Yellow Cake plc is to purchase 1.175 million pounds of uranium (45 tU) from KazAtomProm under an existing framework agreement after raising GBP25.9 million (USD33.9 million) through a share placement.

Corporate 12 April 2019


Framatome invests in Ugine nuclear alloy plant

Framatome invests in Ugine nuclear alloy plant

Framatome has upgraded its Ugine nuclear alloy plant with an additional EUR 12.6 million (USD14.2 million) vacuum arc remelting furnace. Metal alloys made at Ugine are manufactured into components used in reactor cores around the world.

Corporate 11 April 2019


EDF to sell its stake in Alpiq

EDF to sell its stake in Alpiq

EDF has agreed to sell its stake in Swiss nuclear utility Alpiq to the company's other major shareholders, who intend to take it private. The price for EDF's 25.04% share is CHF489 million (USD489.2 million).

Corporate 09 April 2019


Tepco and Chubu transfer fossil fuel assets to Jera JV

Tepco and Chubu transfer fossil fuel assets to Jera JV

The fossil fuel assets of Japanese utilities Tokyo Electric Power Company and Chubu Electric Company have been passed to their Jera joint venture, as a requirement of power market liberalisation, leaving them with transmission, distribution and retail businesses, and their nuclear plants.

Corporate 02 April 2019


Russia completes upgrade of third Smolensk RBMK

Russia completes upgrade of third Smolensk RBMK

Rosatom has announced completion of life-extending  modernisation work at unit 3 of the Smolensk nuclear power plant, the last of three RBMK-1000 reactors at the site in western Russia. The other two units are already set for an extended period of operation of 15 years.

Corporate 28 March 2019


Canadian nuclear projects bring economic benefits

Canadian nuclear projects bring economic benefits

The 13-year Major Component Replacement project being undertaken as part of Bruce Power's life-extension programme will inject billions of dollars into Ontario's economy, a new report has found. Meanwhile, the major project to refurbish Darlington unit 2 remains on track for completion in 2020, Ontario Power Generation has announced.

Corporate 27 March 2019


Canada's Kinectrics signs international contracts

Canada's Kinectrics signs international contracts

Canadian company Kinectrics has been awarded contracts for projects related to safety at the Cernavoda nuclear power plant in Romania and lifetime asset management at the Bruce plant in Canada.

Corporate 15 March 2019