Construction rss

Mining resumes at WIPP

Waste and Recycling

18 January 2018

WIPP_mining_resumption_(WIPP)-48Mining operations have resumed after a four-year break at the US Department of Energy's Waste Isolation Pilot Plant. A continuous mining machine has begun cutting into panel 8 in the underground salt formation, work that was halted following separate underground events in early 2014.

EDF Energy expects 20% cost saving for Sizewell C

Corporate

18 January 2018

EDF Energy is confident Hinkley Point C will come on line in 2025 and that Sizewell C will be 20% cheaper to build, the company's new CEO, Simone Rossi, said yesterday in his first major speech since taking over from Vincent de Rivaz at the helm of the UK company in November.

Steam generators installed at second Belarus unit

New Nuclear

16 January 2018

Ostrovets 2 SG installation - 48All four steam generators have been installed at unit 2 of the nuclear power plant under construction in Ostrovets in Belarus, the plant owner, Belarus NPP, announced today. The large items of equipment have been placed in their designated positions inside the reactor building, it said.

Toshiba agrees sale of Westinghouse claims

Corporate

18 January 2018

Toshiba Corporation is to sell its claims against Westinghouse Electric Company and Brookfield - which is buying the Westinghouse-related shares that it holds - to Nucleus Acquisition. The Japanese company said it has entered into an assignment and purchase agreement with Nucleus and a share purchase agreement with Brookfield.

General Electric wins turbine contract for Paks II

Corporate

17 January 2018

GE Hungary, a subsidiary of General Electric, has won a €793 million ($970 million) contract to manufacture and supply the turbines for two new reactors under construction at the Paks nuclear power plant, Russian news agency RIA Novosti reported yesterday.

Toshiba settles VC Summer guarantee obligation

Corporate

12 January 2018

Toshiba has completed the early payment of $1.86 billion, reflecting the remaining outstanding amount of its parent company guarantee obligation to the owners of the VC Summer AP1000 project in the USA. It settled its parent company guarantee obligation to the owners of the Vogtle project last month.