nuclear

Scope includes 18-year service agreement, as well as the manufacture and installation of generator rotor, to improve performance and reliability of Olkiluoto Nuclear Power Plant’s OL1 and OL2 boiling water reactors. Supports Finland’s energy objectives with CO2-free power for 16% of the country’s population Builds on GE’s 40-year service relationship at Olkiluoto, contributing to a […]

GE Power’s CEO on March 4 said his company sees the global gas turbine market stabilizing, in part due to better accessibility to natural gas worldwide. Scott Strazik made the comment during GE’s Investor Outlook on Wednesday. The event is an annual overview of the company’s operations that GE gives to investment professionals. The outlook […]

Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable Energy (SGRE)

More states are setting targets for renewable energy. Cities and counties are joining in. Utilities are formalizing commitments. And economics, as always, play a major role. The transition to clean energy

There’s widespread debate over whether nuclear power should be a player in the path toward addressing climate change. Industry analysts say nuclear is key to zero-emission power generation; even some environmentalists agree, though others point to the issue of disposal of nuclear waste, and concerns about the safety of reactors. Those concerns have led some […]

Pilsen\Bratislava (2/25/2020) – Doosan Škoda Power, a Pilsen-based manufacturer and supplier of steam turbines and components for power-generating operations, has won a contract to modernize two turbine sets with a total capacity of 440 MW at Unit 1 of the Mochovce nuclear power plant (NPP), owned and operated by Slovenské elektrárne, a.s. Combined, the two […]

Feb. 19, 2020 – Framatome signed a series of service contracts with Finnish utility TVO for the long-term operation of the Olkiluoto 3 EPR. These contracts cover nuclear plant outage and maintenance scopes, including engineering, I&C and non-destructive testing services over an extended period of time. “These contracts mark an important step as we work […]

France, which has long relied on reactors to supply the bulk of the country’s electricity, on Feb. 19 announced the imminent closure of the Fessenheim nuclear plant, located on the country’s border with Germany. One of the plant’s two 920-MW pressurized water reactors will shut down within days, with the second taken offline by the […]

The United Arab Emirates (UAE) is set to begin commercial operation of the Middle East’s first nuclear power plant, after the country’s regulatory agency on Feb. 17 gave its approval for the start-up of the first reactor at the Barakah site. The plant can now begin loading fuel, and Unit 1 is expected to come […]

Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and what role renewable imports play in meeting those commitments. The ITC, an independent, nonpartisan and quasi-judicial federal agency that also provides fact-finding as it relates […]