Corporate rss

Toshiba expects $2.3 billion write-down on Westinghouse

26 April 2016

Japan's Toshiba Corporation announced today it expects to take an impairment charge of JPY260 billion ($2.3 billion) for part of the goodwill of its US-based nuclear power subsidiary Westinghouse Electric Company.

Japanese utilities agree to greater cooperation

22 April 2016

Four electric power companies in western Japan - Chugoku, Kansai, Kyushu and Shikoku - have agreed to extend their existing cooperation in responding to nuclear emergencies as well as cooperating in the decommissioning of reactors.

EDF buys Studsvik's waste treatment operations

20 April 2016

Sweden's Studsvik has agreed to sell its low-level radioactive waste operations in Sweden and the UK to EDF of France. At the same time, the two companies have agreed to collaborate in decommissioning and waste management.

French and Russian nuclear utilities extend collaboration

26 April 2016

EDF-Rosenergoatom - April 2016 - 48French utility EDF has signed an agreement to extend its cooperation with Rosenergoatom, the operator of Russia's civil nuclear power plants. The companies will cooperate in reactor operations, decommissioning and waste management.

Rosatom and KAIF extend cooperation

21 April 2016

Rosatom-KAIF MOU - 48The Korea Atomic Industrial Forum has signed a memorandum of understanding to cooperate with Rosatom subsidiary Rosatom International Network. The agreement aims to enhance communications between the Russian and Korean nuclear power industries.

Future unclear for US unit despite auction success

18 April 2016

Clinton_(Exelon)_48The Clinton nuclear power plant is committed to operate until 31 May 2017 after clearing the regional transmission organization's annual capacity auction, but US utility Exelon Corporation warned that the plant is still potentially facing early retirement.