Filter by tags: South Korea Mitsubishi Heavy Industries Rosatom Clear all tag filters
3 news articles found
The Czech government, which owns 70% of ČEZ, had been in discussions with the utility about how to expand nuclear power and to replace aging commercial reactors that are scheduled to be permanently shut down in the decades ahead.
The government wants to propose a financing model by the end of May, before the state goes into talks with the European Commission over the project.
Under the approved framework contracts, which industry minister Karel Havlíček wants to finalise with ČEZ by the end of June, ČEZ could sell the project to the state at various points.
- Source: Nucnet
- Date: Wednesday, 29 April 2020
- Original article: nucnet.org/news/gov-t-takes-step-towards-new-nuclear-plant-at-dukovany-4-2-2020
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
US-based GE Hitachi Nuclear Energy (GEH) has signed a memorandum of understanding (MOU) with the Vietnam Atomic Energy Agency (VAEA) "aimed at enhancing the agency's understanding of light water reactor technology and nuclear project management". The agreement calls for GEH and VAEA to "cooperate to promote training and development of qualified human resources" associated with the development of Vietnam's civil nuclear power programme. GEH will provide practical work experience for VAEA staff in areas such as nuclear safety culture, project management and quality assurance.
- Source: NEI Magazine
- Date: Wednesday, 28 October 2015
- Original article: neimagazine.com/news/newsus-geh-signs-agreement-with-vietnam-4702964