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Polish chemical company Ciech has signed a Letter of Intent to cooperate with Synthos Green Energy (ESG) to co-operate in the use of small modular reactor (SMR) and micro modular reactor (MMR) technologies.
- Source: NEI Magazine
- Date: Wednesday, 15 September 2021
- Original article: neimagazine.com/news/newsciech-and-synthos-green-to-cooperate-on-nuclear-energy-use-9079735
Polish chemical producer Ciech will consider nuclear technologies to replace coal burnt for power and process heat in its plants. Ciech has signed a Letter of Intent to cooperate with Synthos Green Energy, which is already working with GE-Hitachi and Ultra Safe Nuclear Corporation.
- Source: World Nuclear News
- Date: Saturday, 11 September 2021
- Original article: world-nuclear-news.org/Articles/Chemical-giant-looks-to-nuclear-heat-to-decarbonis
Start-up nuclear energy company Fermi Energia on 16 February announced an initial investment round for a proposed reactor in Estonia, saying it will file a planning application later this year, ETV news show "Aktuaalne kaamera" (AK) reported. The new call for funding aims to complete a series of investments of €2.5 million ($3m) required to formally launch the planning project for deployment of a small modular reactor (SMR).
- Source: NEI Magazine
- Date: Friday, 19 February 2021
- Original article: neimagazine.com/news/newsestonias-fermi-energia-seeks-1m-to-launch-smr-planning-procedure-8532118
Estonia needs to put in place the necessary legislation and competencies if a small modular reactor (SMR) is to be in operation by 2035, speakers at a conference organised by Fermi Energia agreed yesterday. The Baltic country aims to stop generating electricity from oil shale by 2035, but has yet to officially launch a nuclear programme.
- Source: World Nuclear News
- Date: Thursday, 11 February 2021
- Original article: world-nuclear-news.org/Articles/No-time-to-waste-in-Estonian-SMR-deployment-confer
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.
- Source: World Nuclear News
- Date: Friday, 15 January 2021
- Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says
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