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Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock of COVID-19, the French nuclear energy society (SFEN) wrote in a position paper published this week. Nuclear energy "ticks all three boxes" highlighted in the debate about the recovery - that investments should be in low-carbon, resilient and sovereign industries, it said.
- Source: World Nuclear News
- Date: Saturday, 16 May 2020
- Original article: world-nuclear-news.org/Articles/SFEN-Nuclear-essential-to-economic-recovery
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
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