Corporate

Corporate
Moltex Energy raises USD7.5 million through crowdfunding

Moltex Energy raises USD7.5 million through crowdfunding

UK-based Moltex Energy, creator of the Stable Salt Reactor, has raised GBP6 million (USD7.5 million) in funding through online investment platform Shadow Foundr. The funding will support the company through the pre-licensing process in Canada and will allow the further development of the business in the UK.

Corporate 16 September 2019


Enec and Tenex renew MoU on nuclear fuel cycle management

Enec and Tenex renew MoU on nuclear fuel cycle management

The Emirates Nuclear Energy Corporation and Russia’s Tenex have renewed their Memorandum of Understanding on exploring potential opportunities for collaboration in nuclear fuel cycle management. The new MoU was signed by Mohamed Al Hammadi, CEO of Enec, and Sergey Polgorodnik, general director of Tenex, during the 24th World Energy Congress being held this week in Abu Dhabi.

Corporate 12 September 2019


South Korea and UAE to collaborate on new nuclear opportunities

South Korea and UAE to collaborate on new nuclear opportunities

The UAE's Barakah One Company and Korea Electric Power Corporation have signed a Memorandum of Understanding to explore potential collaboration on new nuclear energy projects in third countries.

Corporate 11 September 2019


Framatome investigates reactor component plant

Framatome investigates reactor component plant

Framatome is carrying out further studies at its Saint-Marcel site in France after discovering temperature ranges in some stress-relieving heat treatments carried out on steam generator welds and pressuriser seals had deviated from technical standards, the company said today.

Corporate 10 September 2019


Fortum develops high-definition VR simulator

Fortum develops high-definition VR simulator

Finnish utility Fortum has developed the world's first fully dynamic and interactive virtual reality (VR) control room for training operators at its Loviisa nuclear power plant. The company says the cost of a full-scale, full-scope VR simulator is a fraction of that to build a physical simulator.

Corporate 30 August 2019


Japanese firms explore collaboration on BWRs

Japanese firms explore collaboration on BWRs

Japanese utilities Tokyo Electric Power Company and Chubu Electric Power Company have today signed a basic agreement with Hitachi and Toshiba to discuss potential collaboration on boiling water reactors (BWRs).

Corporate 28 August 2019


Tepco says it may scrap Kashiwazaki-Kariwa units

Tepco says it may scrap Kashiwazaki-Kariwa units

Tokyo Electric Power Company will consider the decommissioning of one or more units at its seven-unit Kashiwazaki-Kariwa nuclear power plant, the company has informed Kashiwazaki City Mayor Masahiro Sakurai. The utility plans to restart units 6 and 7 at the plant, in Japan's Niigata Prefecture.

Corporate 27 August 2019


Pilgrim sale completed after regulatory approval

Pilgrim sale completed after regulatory approval

Holtec International has completed its acquisition of the shut-down Pilgrim nuclear power plant from Entergy Corporation. The plant is the second US decommissioning project to be acquired by Holtec.

Corporate 27 August 2019


Batan to cooperate with Indonesian power company

Batan to cooperate with Indonesian power company

Indonesia's National Atomic Energy Agency (Batan) has signed a Memorandum of Understanding with utility PT Indonesia Power to cooperate in the use of nuclear technology in the energy sector. One area of cooperation will be a feasibility study on the use of nuclear power plants.

Corporate 16 August 2019


Replica simulators completed at Southern plants

Replica simulators completed at Southern plants

GSE Systems Inc has completed delivery and commissioning of three additional full-scope simulators at Southern Nuclear's Vogtle, Hatch and Farley nuclear power plants. Southern has described the project as the largest single nuclear simulator project in the USA in the past 30 years.

Corporate 13 August 2019