Related Topic: New Build

UK considers Regulated Asset Base model to finance new nuclear

UK considers Regulated Asset Base model to finance new nuclear

The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK's eight existing nuclear plants are set to be retired by 2030.

Nuclear Policies 23 July 2019


CNNC launches demonstration SMR project

CNNC launches demonstration SMR project

China National Nuclear Corporation has announced the launch of a project to construct an ACP100 small modular reactor at Changjiang in Hainan province. Construction of the demonstration unit - also referred to as the Linglong One design - is scheduled to begin by the end of this year.

New Nuclear 22 July 2019


Olkiluoto faces further delay to July 2020

Olkiluoto faces further delay to July 2020

Commissioning of the EPR at Olkiluoto in Finland has been delayed again, this time by six months to July 2020, utility Teollisuuden Voima Oyj said yesterday. The new date was given in an updated schedule for the OL3 EPR unit from the plant supplier Areva-Siemens Consortium.

New Nuclear 18 July 2019


Uzbekistan adds second plant to nuclear power goal

Uzbekistan adds second plant to nuclear power goal

Uzbekistan has decided it now wants to build four nuclear power units and not just two as previously stated, Alisher Sultanov, the country's energy minister, said in an interview with news agency Kun.uz this week.

Nuclear Policies 12 July 2019


Czech state to back new nuclear units

Czech state to back new nuclear units

The Czech government has given preliminary approval for Elektrárna Dukovany II - a subsidiary of utility ČEZ - to build at least one new nuclear power unit. The decision was announced in a government resolution published yesterday by the Ministry of Industry and Trade.

Nuclear Policies 09 July 2019


First Barakah operators receive regulatory certification

First Barakah operators receive regulatory certification

The United Arab Emirates' Federal Authority for Nuclear Regulation has officially certified Nawah Energy's first group of operators for the Barakah nuclear power plant. Certification of operators is a key requirement for the issue of the plant's operating licence.

Regulation & Safety 08 July 2019


Belarusian plant prepared for hydraulic tests

Belarusian plant prepared for hydraulic tests

ASE Group has conducted a test-run of all four of the main circulating pumps of the first unit of the Belarusian nuclear power plant as part of preparations for hydraulic testing of the systems and equipment of its primary and secondary circuits.

New Nuclear 05 July 2019


Second EPR at China's Taishan site connected to grid

Second EPR at China's Taishan site connected to grid

Unit 2 of the Taishan nuclear power plant in China's Guangdong province has been connected to the electricity grid, becoming the second EPR reactor to reach the commissioning milestone after Taishan 1. Unit 2 is expected to enter commercial operation later this year.

New Nuclear 28 June 2019


Foundation in place for first Hinkley Point C unit

Foundation in place for first Hinkley Point C unit

Construction of the concrete basemat has been completed for the nuclear island of the first of two EPR units at the Hinkley Point C nuclear power plant in Somerset, England. The major milestone came as the Confederation of British Industry called for the UK government to support the construction of more new reactors.

New Nuclear 28 June 2019


GE supports Romanian and Turkish nuclear projects

GE supports Romanian and Turkish nuclear projects

GE Steam Power is to continue providing full maintenance services on two turbine islands at the Cernavoda nuclear power plant in Romania under a newly announced USD120 million multi-year agreement with Societatea Nationala Nuclearelectrica. Meanwhile, work has begun at GE's Belfort site to manufacture the first Arabelle steam turbine for Turkey's Akkuyu nuclear power plant.
 

Corporate 28 June 2019