Contracts rss

Silex Systems out of GLE restructure

Uranium and Fuel

13 June 2018

Silex Systems Limited has abandoned its acquisition of a majority stake in GE-Hitachi Global Laser Enrichment, saying there are too many risks associated with GLE's business case which includes the construction of a commercial enrichment plant in the USA. It also intends to terminate GLE's exclusive licence for the SILEX laser enrichment technology.

UK starts talks on public investment in nuclear power

New Nuclear

05 June 2018

Wylfa Newydd CGI aerial - 48Japan's Hitachi and the UK government have decided to enter negotiations on the proposed Wylfa Newydd project. In a statement to Parliament yesterday, UK Business and Energy Secretary Greg Clark said actions the government is taking will support a "long-term pipeline" for new nuclear projects in the country.

Fifth Yangjiang unit connected to grid

New Nuclear

25 May 2018

Yangjiang 1-6 - 48Unit 5 of the Yangjiang nuclear power plant in China's Guangdong province has been connected to the electricity grid, China General Nuclear announced yesterday. The unit - the first ACPR1000 reactor to be built and the first Chinese unit to feature a domestically-developed digital control system - is scheduled to enter commercial operation later this year.

Serial reactor construction key to lowering costs

New Nuclear

08 June 2018

Developers of new nuclear power plant projects in the UK agree that an experienced supply chain, together with a stable reactor design, will be key to significantly driving down construction costs, delegates heard at the Global Nuclear Investment Summit held yesterday at London's Guildhall. The event was hosted by global nuclear energy financial services provider Ocean Nuclear and the Financial Times.

Toshiba scraps project to build ABWRs in Texas

New Nuclear

31 May 2018

STP units 3 and 4 - 48Japan's Toshiba Corporation is to withdraw from the project to construct two of its advanced boiling water reactors (ABWRs) as units 3 and 4 of the South Texas Project in the USA. The company said the project, which has failed to find investors, is no longer financially viable.

Framatome to supply EDF with reprocessed uranium fuel

Uranium and Fuel

25 May 2018

Framatome has signed a contract to design, fabricate and supply fuel assemblies using enriched reprocessed uranium to French utility EDF between 2023 and 2032. Framatome noted the project is subject to administrative and regulatory authorisations.