nuclear
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Nuclear
V.C. Summer Unit 2 Reactor Vessel in Place
Westinghouse, the lead supplier for the V.C. Summer nuclear plant expansion project in South Carolina, said on August 30 that it had successfully placed the reactor vessel for the new Unit 2. The 278-metric-ton vessel was rigged into place by one of the largest construction cranes in the world, a heavy lift derrick with a […]
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Nuclear
An Asian Nuclear Duo: Monju Down, Bataan Up?
With costs for a restart escalating, Japan is considering scrapping its troubled Monju fast breeder nuclear reactor, just as a never-started nuclear plant in the Philippines may get a new lease on life. Monju May Be Finished Japan Times reported that readying the Monju plant for restart “would cost several hundred billion yen.” Sources said that […]
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Nuclear
Construction Halted on Belarus Nuclear Plant After Workers Drop Reactor Vessel
Construction on Belarus’s first nuclear power plant, being built by Russian state firm Rosatom in Ostrovets near the Lithuanian border, was halted after a construction mishap in July that is only now coming to light. Exactly what happened at the construction site on July 10 is unclear, but according to Rosatom, the plant’s reactor vessel […]
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Nuclear
China Warns Against Hinkley Point Cancellation
China’s ambassador to the UK, in an opinion piece in British newspaper Financial Times, warned that Sino-British relations are “at a crucial historical juncture” and suggested that enormous recent Chinese investments in Britain are at risk should the planned Hinkley Point C nuclear reactor project be cancelled. The long-delayed and much-debated two-unit expansion at the […]
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Coal
Southern Company Bets Big
Southern Co., one of the nation’s largest investor-owned utilities, appears torn between enormous recent investments in advanced coal and nuclear technologies—the company’s successful strategy in the past—and a competing sense that natural gas and distributed energy might be the company’s ultimate future. The Southern Company, based in Atlanta, Ga., is a regional utility behemoth, mostly […]
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Commentary
Climate Change and Energy: We Need a Bigger Boat
Readers of a certain age will recall a scene in the movie Jaws when the local police chief, having glimpsed the gigantic shark up close from the back of the deck, reels back into the cockpit to observe: “You’re going to need a bigger boat.” In climate change, we have reached the “bigger boat” moment. […]
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Nuclear
POWER Digest
Court Forces Bulgaria to Pay for One of Two Canceled Reactors at Belene. Bulgaria’s National Electricity Co.(NEK) should pay Russia’s Atomstroyexport nearly $620 million in compensation for its canceled two-unit Belene nuclear plant, an international arbitration court in Geneva ruled in mid-June. The 2-GW plant was in the offing for more than two decades before NEK […]
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Legal & Regulatory
Abolished Nuclear Tax Is Relief for Unprofitable Nuclear Operators in Sweden
Sweden, which has been contemplating the role of its 10 nuclear reactors in its future power mix, said in June it will phase out a tax on nuclear power over the next two years and replace aging plants with new ones. The agreement by the Social Democrats, the Moderate Party, the Green Party, the Centre […]
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Nuclear
Hinkley Point C in Question as UK Government Rethinks EDF Agreement
In an abrupt turn, the UK government has signaled that it will carefully consider its backing of a deal to build two nuclear reactors at Hinkley Point C in Somerset, England, throwing French firm EDF’s July 28 final investment decision to proceed with construction of the EPR units into flux. Following a lengthy review process […]