Corporate

Corporate
Cameco updates 2021 outlook following Cigar Lake restart

Cameco updates 2021 outlook following Cigar Lake restart

Cameco expects to produce up to 12 million pounds U3O8 (4616 tU), on a 100% basis, this year provided there are no further disruptions due to COVID-19, forest fires or any other cause, the Canadian company said yesterday in its quarterly results call.

Corporate 29 July 2021


Exelon files decommissioning plans for Illinois plants

Exelon files decommissioning plans for Illinois plants

Exelon Generation yesterday announced the filing of Post Shutdown Decommissioning Activity Reports for its Byron and Dresden plants, due to shut later this year, with the US Nuclear Regulatory Commission. PSDARs set out long-term site restoration plans for the stations after they shut down, and their filing is one of the final regulatory steps before plant closure.
 

Corporate 29 July 2021


Qinshan plant to supply district heating

Qinshan plant to supply district heating

China National Nuclear Corporation has launched a district heating demonstration project at the Qinshan nuclear power plant in Zhejiang Province. The project, in cooperation with the Haiyan County Government, will "provide a nuclear energy solution to solve the heating problem in southern China," the company said.

Corporate 29 July 2021


First steam generator removed from Bruce 6

First steam generator removed from Bruce 6

The first steam generator has been removed from Bruce unit 6, marking a significant milestone in the Major Component Replacement project. The unit is the first of six which are to be refurbished as part of a programme to secure the operation of the eight-unit site in Ontario until 2064.
 

Corporate 27 July 2021


Taipower applies to decommission Maanshan plant

Taipower applies to decommission Maanshan plant

Taiwan Power Company has submitted an application to the Atomic Energy Council to shut down the two-unit Maanshan nuclear power plant. Under Taiwan's nuclear phase-out policy, its power reactors will be decommissioned as their 40-year operating licences expire. The phase-out will be completed with the closure of Maanshan unit 2 in 2025.

Corporate 27 July 2021


Brazilian consortium wins Angra 3 tender with USD56.1 million bid

Brazilian consortium wins Angra 3 tender with USD56.1 million bid

Eletronuclear has announced the winners of a tender to complete unit 3 of the Angra nuclear power plant in Rio de Janeiro. A Brazilian consortium comprising Ferreira Guedes, Matricial and ADtranz submitted the winning bid of Real 292 million (USD56.1 million), which Eletronuclear said is 16% lower than the reference value for the project. In total, two companies and five consortia participated in the opening session of the proposals, held on 29 June.

Corporate 27 July 2021


Second Korean investment in a week for NuScale SMR

Second Korean investment in a week for NuScale SMR

Samsung C&T Corporation has committed to making an equity investment in NuScale to support deployment of its small modular reactor and is developing a business collaboration agreement with NuScale's engineering, construction and procurement partner Fluor Corporation. The announcement comes days after Doosan Heavy Industries and Construction increased its investment to support deployment of NuScale's SMR.

Corporate 23 July 2021


Tepco anticipates delay in Kashiwazaki-Kariwa restart

Tepco anticipates delay in Kashiwazaki-Kariwa restart

The Kashiwazaki-Kariwa nuclear power plant in Japan's Niigata Prefecture will not be restarted until fiscal 2022 (ending March 2023) at the earliest, Tokyo Electric Power Company said in a revised business plan. The company submitted the plan yesterday to the government for approval. Tepco is awaiting regulatory approval to restart units 6 and 7 at the plant.

Corporate 22 July 2021


Illinois plants mark reliability milestone

Illinois plants mark reliability milestone

Four Illinois nuclear plants at risk of permanent closure are between them approaching an uninterrupted "streak" of 15,000 days of continuous service at a time when the US energy grid is "increasingly challenged" by extreme heat and storms, Exelon said yesterday. With the first closures scheduled to take place in September, policymakers are continuing efforts to preserve the plants.

Corporate 20 July 2021


GE commits to net zero, GEH creates SMR jobs

GE commits to net zero, GEH creates SMR jobs

General Electric has announced a commitment to achieve net-zero carbon emissions by 2050, following a shareholder vote on an As You Sow resolution on 4 May. This target not only encompasses GE's operations but also includes its 'Scope 3' emissions from customers' use of the products it sells, including power generation equipment, which account for a significant portion of the company’s emissions. Meanwhile GE Hitachi Nuclear Energy has announced the creation of 80 highly skilled jobs in Ontario to support the deployment of BWRX-300 small modular reactors in Canada and around the world.

Corporate 16 July 2021