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20 news articles found
Dutch government has chosen Borssele site as preferred location for two new reactors
- Source: Nucnet
- Date: Friday, 23 February 2024
- Original article: nucnet.org/news/westinghouse-to-evaluate-ap1000-reactor-technology-for-ambitious-new-nuclear-programme-2-4-2024
Nuclear energy is a necessary resource for meeting climate, energy transition and energy security needs, the leaders of India and the USA said. They also noted "ongoing negotiations" for the construction of six AP1000 reactors in India, as well as discussions on small modular reactor development.
- Source: World Nuclear News
- Date: Saturday, 24 June 2023
- Original article: world-nuclear-news.org/Articles/Biden,-Modi-affirm-commitment-to-nuclear-as-Kovvad
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023
Westinghouse Electric Company and Hyundai Engineering & Construction (E&C) have signed a strategic cooperation agreement to jointly participate in global AP1000 plant opportunities.
- Source: World Nuclear News
- Date: Thursday, 26 May 2022
- Original article: world-nuclear-news.org/Articles/Westinghouse-and-Hyundai-to-cooperate-on-AP1000
India and the USA have extended their Memorandum of Understanding for cooperation on the Global Centre for Nuclear Energy Partnership (GCNEP) by 10 years. The centre - officially opened in 2017 - supports international cooperation in nuclear energy applications.
- Source: World Nuclear News
- Date: Thursday, 26 November 2020
- Original article: world-nuclear-news.org/Articles/India-USA-extend-nuclear-cooperation-partnership
Nuclear power plants continue to perform to a high standard and growth is strong, with more than 20 new reactors scheduled to be connected before the end of 2020, World Nuclear Association Director General Agneta Rising says in the latest edition of the World Nuclear Performance Report. But for the industry to reach the Harmony goal of supplying at least 25% of electricity before 2050, Rising says much greater commitment from policymakers will be required.
- Source: World Nuclear News
- Date: Friday, 30 August 2019
- Original article: world-nuclear-news.org/Articles/Policymakers-must-drive-nuclear-further,-report-sa
Nuclear power plants continue to perform to a high standard and growth is strong, with more than 20 new reactors scheduled to be connected before the end of 2020, World Nuclear Association Director General Agneta Rising says in the latest edition of the World Nuclear Performance Report. But for the industry to reach the Harmony goal of supplying at least 25% of electricity before 2050, Rising says much greater commitment from policymakers will be required.
- Source: World Nuclear News
- Date: Thursday, 29 August 2019
- Original article: world-nuclear-news.org/Articles/Policymakers-must-drive-nuclear-further,-report-sa
Policymakers have unreasonably and unfairly overlooked the role of nuclear energy in the fight against climate change, writes Borislav Boev, a PhD student at D. A. Tsenov Academy of Economics in Bulgaria.
- Source: World Nuclear News
- Date: Monday, 04 March 2019
- Original article: world-nuclear-news.org/Articles/Viewpoint-Why-we-need-nuclear-power
Indian design nuclear plants with 220MWe pressurised heavy water reactors (PHWRs) continue to set national and station records for the duration of continuous power operation the Nuclear Power Corporation of India Ltd (NPCIL) reported. As of 3 October, the duration of uninterrupted operation of Kaiga 1 reached 873 days, a new national record. The same day, Rajasthan 3 achieved 766 days, a new station record.
- Source: NEI Magazine
- Date: Friday, 12 October 2018
- Original article: neimagazine.com/news/newsindian-reactors-set-operating-records-6795848
Westinghouse plans to complete a restructuring plan by the end of June and a new business plan by the end of July, the company’s interim president and CEO José Emeterio Gutiérrez told Interfax-Ukraine on 5 May. He said the business plan, covering the next five years, will include implementation of the restructuring plan. He confirmed that Westinghouse had received external financing of $800m to protect the company's core business during its reorganisation. “We are 100% sure that this will be sufficient to support the company throughout the bankruptcy proceedings”, he said. “An important detail is that all the other company divisions are in good shape, continue to generate income and cash flow. That’s why we are convinced that the finances and the profit generated by the other companies, plus the $800m, will be enough while the bankruptcy claim is being reviewed.” Westinghouse, the US-based nuclear unit of Japan’s Toshiba, filed for bankruptcy protection in the US in March 2017. Gutiérrez said the problem arose from cost overruns for reactor construction in the USA. “By late 2016 we realised that the additional cost of completing the construction would be around $6.1bn. This means that the results of the fiscal year, which ended on 31 March, will show significant losses.”
- Source: NEI Magazine
- Date: Tuesday, 09 May 2017
- Original article: neimagazine.com/news/newswestinghouse-pushes-on-with-restructuring-5808944