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The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.
The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.
However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.
According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.
- Source: Nucnet
- Date: Friday, 17 January 2020
- Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020
More cooperation agreements and contracts have been signed by Russian state nuclear corporation Rosatom and its subsidiaries during the IX AtomExpo International Forum it is hosting this week in Moscow. The latest agreements, with Asian and European companies, cover collaboration in a wide range of nuclear-related areas and beyond.
- Source: World Nuclear News
- Date: Wednesday, 21 June 2017
- Original article: world-nuclear-news.org/Articles/Further-agreements-flow-from-AtomExpo
Russian state nuclear corporation Rosatom in 2016 will contribute RUB24.6m ($300,000) from its state budget allocation to the International Atomic Energy Agency's (IAEA's) International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO project), according to a Russian government directive published on the official legal information portal. The directive says Rosatom and the Russian Foreign Ministry will monitor the use of the Russian contribution.
- Source: NEI Magazine
- Date: Thursday, 28 January 2016
- Original article: neimagazine.com/news/newsrussia-contributes-to-iaea-inpro-project-4795612