New build rss

Managing financing risks for new nuclear

Corporate

23 May 2016

Developers of new nuclear power plants can draw on the experience of other large-scale infrastructure projects to help identify and reduce financing risks, a senior corporate banker told delegates at a recent conference.

Visions shortlisted for new UK nuclear project

New Nuclear

19 May 2016

Moorside vision (K2 Architects) 48Shortlists of architects and landscapers have been selected by NuGen for the forthcoming Moorside nuclear power plant's surroundings, visitors centre, office blocks and workers accommodation. 

UK 'confident' of Hinkley deal

Nuclear Policies

18 May 2016

The UK government is confident "there is a deal to be done" with EDF Energy on Hinkley Point C, but notes that it would not and could not influence the speed at which the utility makes a final investment decision on the project. "We recognise that the matter now rests with the equity. That's a commercial matter and we have to allow that to play out," said Jeremy Allen, head of procurement and investor relations at the Department of Energy and Climate Change.

Horizon appoints JV for Wylfa Newydd project

New Nuclear

20 May 2016

Wylfa Newydd site - aerial - 48The UK's Horizon Nuclear Power has today appointed a joint venture responsible for construction of its Wylfa Newydd plant. The newly created company, Menter Newydd, is a joint venture of Hitachi Nuclear Energy Europe, Bechtel Management Company and JGC Corporation (UK).

Markets and the future of nuclear power

Energy and Environment

19 May 2016

The design of European wholesale electricity markets and the emissions trading system will be improved to help - and no longer hinder - nuclear energy as a low-carbon source of electricity, a European Commission official assured delegates at a nuclear financing conference held in Paris last week. The conference, titled Nuclear energy's role in the 21st century: addressing the challenge of financing, was jointly organised by the OECD Nuclear Energy Agency and the International Framework for Nuclear Energy Cooperation.

Nawah to manage UAE units

New Nuclear

18 May 2016

The Emirates Nuclear Energy Corporation (Enec) has approved the formation of Nawah Energy Company to operate and maintain Barakah units 1-4. Separately, an agreement with the US Nuclear Regulatory Commission (NRC) will give the United Arab Emirates access to software tools to assist in radiation protection and assessment.