UK rss

Ukraine secures US funding for storage facility

Waste and Recycling

15 February 2018

Financing agreement for used fuel store - 48The Overseas Private Investment Corporation has overseen a "political risk insurance contract" for the Central Spent Fuel Storage Facility at the site of the Chernobyl nuclear power plant in Ukraine. OPIC, the US government's development finance institution, is providing insurance to support the project trust's $250 million fixed-rate bond securities issuance in US capital markets.

Chernobyl confinement structure nears completion

Waste and Recycling

29 November 2017

Chernobyl NSC - 48Installation of critical systems is progressing within the New Safe Confinement covering the damaged unit 4 of the Chernobyl nuclear power plant in Ukraine. The enormous arched structure was put in place one year ago and is expected to be commissioned in the first half of 2018.

Energoatom's development requires new law: report

Corporate

18 October 2017

The corporatization of Ukraine's Energoatom requires the development of a special law that will need to take into account all its characteristics as nuclear power plant operator, a consultancy report has concluded. The report was presented last week by a consortium selected by the European Bank for Reconstruction and Development to advise Energoatom on its restructuring. The consortium consists of the UK's Deloitte Touche Tohmatsu LLC and Ukraine's IMEPOWER.

Westinghouse extends Ukrainian fuel supply to 2025

Corporate

30 January 2018

Energoatom-Westinghouse - January 2018 - 48Westinghouse Electric Company announced yesterday it has signed a contract with Energoatom that extends its supply of nuclear fuel to VVER nuclear power plants in Ukraine from 2020 to 2025. The contract was signed by Aziz Dag, Westinghouse vice president and managing director for Northern Europe, and Yury Nedashkovsky, Energoatom president and CEO.

Toshiba to help enhance Ukraine's nuclear fleet

Corporate

25 October 2017

Ukraine's Energoatom and Japan's Toshiba Energy Systems & Solutions Corporation have signed a memorandum of understanding on cooperation in the modernisation of the turbine island equipment of Ukrainian nuclear power plants. Energoatom operates all of Ukraine's four nuclear power plants - Zaporozhe, Rovno, South Ukraine and Khmelnitsky - which comprise 15 nuclear reactors, including 13 VVER-1000s and two VVER-440s with a total capacity of 13,835 MWe.

Westinghouse to supply upgrade systems to Zaporozhe

Regulation and Safety

18 September 2017

Zaporozhe_(Energoatom)-48Westinghouse Electric Company has signed a contract with Ukrainian national nuclear generator Energoatom to supply monitoring instrumentation systems to the Zaporozhe nuclear power plant, as part of a long-term safety upgrade program.