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Mitsubishi Heavy Industries (MHI) has been selected as the core company in charge of the conceptual design of a demonstration fast reactor which the government aims to put into operation in the 2040s. MHI will oversee both the conceptual design as well as research and development for a sodium-cooled fast reactor in partnership with Mitsubishi FBR Systems (MFBR), an MHI Group engineering company established in 2007 to handle the development and design of fast reactors. The design work for the new reactor is scheduled to begin in fiscal 2024.
- Source: NEI Magazine
- Date: Wednesday, 19 July 2023
- Original article: neimagazine.com/news/newsmhi-to-be-responsible-for-design-of-new-japanese-fast-reactor-11014815
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