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‘We should prepare conditions to deploy not one or two plants, but dozens’

Source: Nucnet
Date: Friday, 20 October 2023
Original article: nucnet.org/news/french-smr-developer-plans-to-start-demonstrator-construction-as-early-as-2030-10-1-2023

The Bulgarian government has cancelled the decision to build the Belene NPP as a project of national importance and the procedure for selecting a strategic investor. “With today’s decision, the government instructs the Minister of Energy to take action to terminate the procedure announced by the National Electric Company (NEK) to select a strategic investor for the construction of the Belene nuclear power plant and notify the candidates who submitted the relevant offers,” a government statement said.

Source: NEI Magazine
Date: Wednesday, 18 October 2023
Original article: neimagazine.com/news/newsbulgaria-cancels-belene-npp-project-11224401

Source: Nucnet
Date: Friday, 22 September 2023
Original article: nucnet.org/news/utility-considering-additional-capacity-at-krsko-nuclear-power-station-9-4-2023

India and France have agreed to strengthen their defence and security partnership following Indian Prime Minister Narendra Modi's visit to France at the invitation of French President Emmanuel Macron. Following extensive discussions, a joint communique noted the strengthening of the strategic partnership between the two countries. Among other things, it “recognised that the promotion of clean and low-carbon energy, the preservation of biodiversity, the protection of the oceans and the fight against pollution were essential aspects of cooperation”.

Source: NEI Magazine
Date: Thursday, 20 July 2023
Original article: neimagazine.com/news/newsindia-and-france-strengthen-defence-and-security-partnership-including-nuclear-11018226

Aim is to begin construction of reference unit in 2030 A computer-generated rendering of the Nuward small modular reactor. France’s state energy company EDF has created a subsidiary to strengthen the development of its Nuward small modular reactor, which now in the detailed preliminary project phase.

EDF said it had finalised the preliminary design of the Nuward plant. The new Nuward subsidiary is now committed to the detailed preliminary design, in line with an objective of beginning construction of a reference unit in 2030.

EDF said Nuward aims to become the European leader in SMR, offering reliable and carbon-free energy at a competitive cost for the global market.

EDF said that in line with the licensing process a safety options file will be submitted to the French nuclear regulator ASN in July. Nuward work with French authorities to assess and select sites that could potentially accommodate the first plant.

Source: Nucnet
Date: Friday, 31 March 2023
Original article: nucnet.org/news/edf-sets-up-subsidiary-to-focus-on-nuward-smr-development-3-4-2023

France’s Framatome has asked for more time to change the nuclear vessel closure head at the EPR nuclear reactor under construction at unit 3 of the Flamanville NPP. Flamanville 3, which is already some 10 years behind schedule, is expected to start operations in the first quarter of 2024. However, the Autorité de Sûreté Nucléaire (ASN - Nuclear Safety Authority) had requested replacement of the reactor's vessel closure head by the end of 2024. This would mean the reactor would only operate for a few months before having to shut again for the work to be done. Framatome has now asked ASN to delay replacement of the vessel cover so it will coincide with the first fuel reloading rather than replacing it at the end of 2024.

Source: NEI Magazine
Date: Friday, 27 January 2023
Original article: neimagazine.com/news/newsframatome-requests-more-time-for-safety-upgrades-at-flamanville-3-10546257

Lithuania’s Ignalina NPP (INPP) has signed two contracts for the provision of services for the design of reactor dismantling technologies with two major international consortia. The first is a consortium led by Westinghouse Electric Spain (a subsidiary of US-based Westinghouse) and including Jacobs Slovakia. The second is a consortium led by the Lithuanian Energy Institute and the French company Electricite de France (EDF), consisting of EDF and Graphitec. Preliminary contracts were concluded for four years, the maximum price of each being €5.5 million ($5.86m) excluding VAT.

Source: NEI Magazine
Date: Wednesday, 04 January 2023
Original article: neimagazine.com/news/newswestinghouse-and-edf-contracted-to-help-dismantle-ignalina-npp-reactor-cores-10486488

Kazakhstan Nuclear Power Plants (KNPP) and Korea Hydro & Nuclear Power (KHNP) have signed a memorandum of understanding (MOU) promising comprehensive cooperation for the introduction of new NPPs in Kazakhstan during a visit to Seoul by a Kazakh delegation headed by Deputy Energy Minister Zhandos Nurmaganbetov. The MOU will "help strengthen the strategic partnership between Kazakhstan and South Korea in the field of nuclear energy development," the Kazakh Energy Ministry said.

Source: NEI Magazine
Date: Friday, 01 July 2022
Original article: neimagazine.com/news/newskazakhstan-signs-mou-with-khnp-9815921

Introducing a new report from France’s nuclear auditor, released last week, Pierre Moscovici, the head of France’s Court of Accounts said: “There is still uncertainty on the ability of the French nuclear industry, despite its current strong efforts, to build new nuclear reactors within a time frame and costs that remain acceptable.”

Source: NEI Magazine
Date: Thursday, 16 July 2020
Original article: neimagazine.com/news/newsfrench-auditors-report-unsure-of-epr-plans-8027157

Government appears to favour ‘Boot’ model alread used by Russia Koeberg, near Cape Town, is the only commercial nuclear power station in South Africa. The Nuclear Industry Association of South Africa (Niasa) has proposed six possible funding options for new nuclear, but government officials have suggested the most likely is a “build, own, operate and transfer” (Boot) model similar to that used by Russia for project including Akkuyu in Turkey.

Niasa told Engineering News that the very high proportion of the cost of energy that comes from the repayment of capital means interest rates will be fundamental to the viability of any new nuclear project in South Africa.

The association said real interest rates – which are adjusted for inflation – on state debt could be in the range of 2% to 3%, while real interest rates on high risk equity finance could vary from 10% to 15%. It said this explains why some new nuclear projects such as state-supported projects in China could be very competitive while others, such as the private equity funded Hinkley Point C in the UK, needed some kind of state guarantee such as long-term power purchase agreements.

Niasa identified six financing options that could be used to fund a new nuclear programme. The first was state funding for the entire project or state provided sovereign loan guarantees using reserves and cash flows from state-owned companies, as was the case with the United Arab Emirates’ Barakah project.

Source: Nucnet
Date: Wednesday, 20 May 2020
Original article: nucnet.org/news/industry-association-proposes-financing-options-for-new-build-5-2-2020

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