New build rss

Russia charts 40 years of icebreaker progress

New Nuclear

15 August 2017

50 Years of Victory - 48Russia is this week celebrating the historic achievements of its nuclear-powered icebreaker fleet and has also announced project milestones for its latest vessels. The Arktika was the first surface vessel to reach the North Pole, on 17 August, 1977. The seventh and largest Arktika class icebreaker - 50 Years of Victory - entered service in 2007 and is now on its way to the North Pole to commemorate the 40th anniversary of the Arktika's expedition.

Major components installed at final Barakah unit

New Nuclear

14 August 2017

Barakah_4_SG_signing_(Enec)-48The final reactor vessel and steam generators have been installed at the United Arab Emirates' Barakah nuclear power plant. Installation of the major components sees the fourth unit at the site pass 52% completion, while the overall project is now over 82% complete.

Commissioning of second Korean APR1400 postponed

New Nuclear

10 August 2017

Units 3 and 4 at Shin Kori - 48Completion of unit 4 of the Shin Kori nuclear power plant has been delayed by ten months, Korea Hydro and Nuclear Power has said. The APR1400 reactor is now expected to start up in September 2018.

Call for government to revitalise US nuclear industry

Nuclear Policies

15 August 2017

The US government should hold "a structured conversation" with the country's nuclear industry on ways to restore and develop the sector, according to an essay from Mark Hibbs, senior fellow of the Carnegie Endowment for International Peace's nuclear policy program.

Toshiba reports financial results, avoids delisting

Corporate

10 August 2017

Toshiba Corp, which reported its long-awaited earnings results today, says it has "dedicated itself" to eliminating risk related to the overseas nuclear power business, swiftly recovering and strengthening its financial base and strengthening its organisational management. The industrial and electronics conglomerate posted a net loss of ¥‎965.7 billion ($8.8 billion) for the financial year ended 31 March, an improvement of ¥‎30 billion from a revised outlook provided in June, but still more than double the loss of the previous year.

Nuclear capacity could more than double by 2050, says IAEA

Nuclear Policies

08 August 2017

The long-term potential of nuclear power remains high, according to the International Atomic Energy Agency's latest high case projection, which sees global nuclear generating capacity increasing 123% by 2050 compared with its current level.