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The impetus for new build is being spurred by a need to reduce reliance on polluting coal China has 10 nuclear units under construction including two Generation III Hualong One plants at Fangchenggang. China, with its state nuclear companies backed by a government hungry for development, is the most active nation for building new nuclear power plants. That trend that is likely to continue, although confirming lucrative export deals for its reactor technology still runs far behind the pace set by Russia, which says it had 39 reactors under construction or planned overseas as of 2018.

This compares to only two reactors under construction overseas by China, both in Pakistan, although in the UK China has a stake in EDF’s Hinkley Point C project and plans for Chinese technology at Bradwell B. At Sizewell C in Suffolk EDF wants to build a clone of Hinkley Point C if it can attract enough private investment. CGN holds a 20% share.

The government has said it wants to build 30 reactors overseas by 2030. China and Russia both see Africa, where about 600 million people live without electricity, as something of a golden fleece and are pursuing nuclear agreements, which lay the groundwork for new-build, in a number of African nations. Small modular reactors and floating reactors could be an option for isolated areas. China has already said it is close to starting work on its first floating unit, but reliable details are few and far between.

The impetus for nuclear power in China is increasingly due to air pollution from coal-fired plants. To meet its climate goal as stipulated in the Paris agreement, China will need to reduce its coal power capacity by 40% over the next decade, according to Global Energy Monitor’s analysis. At present, this seems unrealistic. In addition to roughly 1,000 GW of existing coal capacity, China has 121 GW of coal plants under construction, which is more than is being built in the rest of the world combined.

Date: Friday, 24 January 2020
Original article: nucnet.org/news/china-keen-to-match-pace-set-by-russia-in-overseas-construction-1-4-2020

New-build projects are making progress, but governments are still struggling with finding the right financing package for large reactors The delayed Flamanville-3 is one of three EPR units under construction in Europe. The others are at Olkiluoto in Finland and Hinkley Point in the UK. Photo courtesy EDF. Western Europe

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.

Date: Friday, 17 January 2020
Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020

Innovation has always been at the heart of the nuclear power industry and its future depends on this commitment to technological advancement in both large and small reactor designs. This was the message of the International Framework for Nuclear Energy Cooperation (IFNEC) General Ministerial Conference held in Washington DC last week.

Date: Tuesday, 19 November 2019
Original article: world-nuclear-news.org/Articles/Conference-Advancing-the-rebirth-of-nuclear-power

Leonam Guimaraes, president of Brazil's state nuclear power company Eletronuclear, told Reuters that Brazil plans to complete the delayed unit 3 at its Angra NPP in partnership with either China's National Nuclear Corporation (CNNC), France's EDF or Russia state nuclear corporation Rosatom.

Date: Wednesday, 30 October 2019
Original article: neimagazine.com/news/newsbrazil-seeks-partners-to-complete-angra-3-7478476

The United Nations, the International Energy Agency (IEA) and the World Energy Council (WEC) are drawing global attention to the inherent qualities of nuclear power as a clean and reliable source of electricity. Now into its seventh decade, nuclear energy is seen by these and other prominent organisations as an existing and proven solution to the 21st Century challenges of climate change and a sustainable energy transition.

Date: Friday, 06 September 2019
Original article: world-nuclear-news.org/Articles/Nuclear-power-is-the-silent-giant-being-invited-fi

The procedure for selecting a strategic investor for Bulgaria’s Belene NPP project was published in the C176 issue in the Official Journal of the European Union on 22 May. When Bulgarian state energy company NEK announced the start of the procedure in March, it said the call for interest would become effective after being published in the journal, after which parties would have 90 days to apply and 12 months to complete the process. NEK said it would be looking for an investor for the construction of Belene with options to take a minority stake in a future project company or purchase electricity to be generated by the facility. The purpose of the call for interest is to gather information about potential candidates while Bulgaria will participate in the project company by contributing assets including the licensed site, nuclear island equipment, permits and documentation. According to the call for interest, the station must be operational within 10 years from the signing of an investors’ agreement and its cost must not exceed €10bn for both units. France’s Framatome, China’s CNNC, Russia’s Rosatom and US-based General Electric have already formally expressed an interest in investing or providing equipment and services for Belene. Talks have also been held with South Korea’s Korea Hydro and Nuclear Power.

Date: Friday, 24 May 2019
Original article: neimagazine.com/news/newsbulgaria-launches-call-for-strategic-investor-for-belene-npp-7224432

23 May (NucNet): Bulgaria has published a call for interest for potential investors in the two-unit Belene nuclear power station project in the Official Journal of the European Union, staring an investor selection procedure first announced on 11 March.

The call for interest was published on 22 May, just days after Bulgarian energy minister Temenuzhka Petkova told local media publication was expected in June because of delays with the preparation of related documentation.

Interested parties now have 90 days to apply and 12 months to complete the procedure.

In March, Bulgarian state energy company NEK said it would be looking for an investor for the construction of Belene with options to take a minority stake in a future project company or purchase electricity to be generated by the facility.

NEK has said it will participate in the project company by contributing assets including the licensed site, nuclear island equipment, permits and documentation.

According to the call for interest, the new nuclear station must be operational within 10 years of the signing of an investors’ agreement and its cost must not exceed €10bn for both units.

In 2008, Bulgaria ordered two Russian VVER-1000 pressurised water reactor units for Belene, but the project was cancelled in 2012 because of financial and political considerations.

In June 2018, the government formally revived the project following a vote in parliament.

A 2016 arbitration settlement awarded Bulgaria most of the nuclear equipment already produced by Russia for Belene under the 2008 agreement.

France’s Framatome, China’s CNNC, Russia’s Rosatom and US-based General Electric have already formally expressed an interest in investing or providing equipment and services for Belene. Talks have also been held with South Korea’s Korea Hydro and Nuclear Power.

Bulgarian officials have said that if Bulgaria goes ahead with the Belene project Russia’s Atomstroyexport will be the main contractor.

The document is online: http://bit.ly/2JBMAta

Date: Thursday, 23 May 2019
Original article: nucnet.org/news/bulgaria-kicks-off-investor-selection-for-new-belene-units-parties-have-90-days-to-apply
21 May (NucNet): Bulgarian state energy company NEK has pushed back the formal start of the investor selection procedure for the two-unit Belene nuclear power station project because of delays in providing documentation to the Official Journal of the European Union, local media reported.

On 11 March 2019 NEK announced the start of the procedure, but said the call for interest would become effective after being published in the journal. Parties would then have 90 days to apply and 12 months to complete the procedure.

According to the Bulgarian daily Kapital, NEK was unable to publish the call for interest in the journal on time because of the requirement to translate the 100-page documentation into the 24 official EU languages.

The publication is now expected to happen in early June, said Kapital quoting Bulgarian energy minister Temenuzhka Petkova, who confirmed that preparation of the relevant documentation is under way.

In March, NEK said it would be looking for an investor for the construction of Belene with options to take a minority stake in a future project company or purchase electricity to be generated by the facility.

The purpose of the call for interest is to gather information about potential candidates, but NEK said Bulgaria will participate in the project company by contributing assets including the licensed site, nuclear island equipment, permits and documentation.

According to the call for interest, the station must be operational within 10 years from the signing of an investors’ agreement and its cost must not exceed €10bn for both units.

In 2008, Bulgaria ordered two Russian VVER-1000 pressurised water reactor units for Belene, but the project was cancelled in 2012 because of financial and political considerations.

In June 2018, the government formally revived the project following a vote in parliament.

A 2016 arbitration settlement had awarded Bulgaria most of the nuclear equipment already produced by Russia for Belene under the 2008 agreement.

France’s Framatome, China’s CNNC, Russia’s Rosatom and US-based General Electric have already formally expressed an interest in investing or providing equipment and services for Belene. Talks have also been held with South Korea’s Korea Hydro and Nuclear Power.

Bulgarian officials have said that if Bulgaria goes ahead with the Belene project Russia’s Atomstroyexport will be the main contractor.

Date: Tuesday, 21 May 2019
Original article: nucnet.org/news/bulgaria-delays-start-of-investor-selection-for-new-belene-units

Brazilian Mines and Energy Minister Bento Albuquerque said on 23 January that Brazil hopes to complete its third nuclear plant by 2026, with the help of private investors. Construction of Angra 3 has been suspended since 2015.

Date: Tuesday, 29 January 2019
Original article: neimagazine.com/news/newsbrazil-reconsiders-completion-of-angra-3-6956581