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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

US energy secretary Rick Perry. US energy secretary Rick Perry confirmed that talks are continuing with Riyadh about supporting Saudi Arabia’s planned civilian nuclear programme.

Mr Perry told an energy forum that Saudi Arabia wants to sign a ‘123 agreement’ with the US.

A 123 agreement sets out rules governing US nuclear cooperation with other nations.

Under the terms of a 123 agreement, Riyadh must sign an accord with Washington committing to the peaceful use of nuclear technology before US companies can compete for its nuclear energy projects in Saudi Arabia.

Date: Wednesday, 13 November 2019
Original article: nucnet.org/news/talks-continuing-with-us-about-new-nuclear-says-perry-11-2-2019

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

Nawah Energy Company - which will operate the UAE's first nuclear power plant at Barakah - has today signed a long-term maintenance services agreement with Korea Hydro & Nuclear Power (KHNP), supported by KEPCO Plant Service & Engineering (KPS). It has also signed a five-year maintenance service agreement with Doosan Heavy Industries & Construction.

Date: Monday, 24 June 2019
Original article: world-nuclear-news.org/Articles/Korean-companies-awarded-service-agreements-for-Ba

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

As a result of higher energy consumption, CO2 emissions rose 1.7% last year and hit a new record, according to the latest data from the International Energy Agency (IEA). The Paris-based agency’s Global Energy & CO2 Status Report, released today, shows that the global energy system emitted 33 billion tonnes of CO2 in 2018.

Date: Tuesday, 26 March 2019
Original article: world-nuclear-news.org/Articles/IEA-demands-increase-in-clean-energy-as-emissions

India and the USA have issued a joint statement agreeing to strengthen security and civil nuclear cooperation, including the construction of six US nuclear power units.

Date: Monday, 18 March 2019
Original article: neimagazine.com/news/newsusa-reaffirms-plans-for-construction-in-india-7050309

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