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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.

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

Several key agreements were signed during the first visit of French President Emmanuel Macron to China in the company of a business delegation.

Source: NEI Magazine
Date: Thursday, 11 January 2018
Original article: neimagazine.com/news/newschina-and-france-sign-several-agreements-6025527

Japan’s Toshiba Corp’s US nuclear subsidiary, Westinghouse Electric, filed for Chapter 11 bankruptcy in New York court. Westinghouse listed $10bn each in assets and liabilities in its filing in US Bankruptcy Court for the Southern District of New York.

Source: NEI Magazine
Date: Wednesday, 29 March 2017
Original article: neimagazine.com/news/newswestinghouse-files-for-bankruptcy-5773901

Dominion Power has chosen Mitsubishi Heavy Industries' US-APWR reactor design for its potential third North Anna reactor in the US state of Virginia. The Mitsubishi US-APWR technology would be introduced for construction of Unit 3 if the company decides to go forward with the project.

MHI replacement steam generator for utility EDF

Source: NEI Magazine
Date: Wednesday, 12 May 2010
Original article: neimagazine.com/news/newsmhi-wins-us-apwr-commitment-and-three-rsgs