nuclear

Russia and India will finalize a deal for Units 5 and 6 of the Kudankulam nuclear plant during Prime Minister Narendra Modi’s visit to Moscow this week, according to reports in the Indian media. Russia has been on a major drive to sell its nuclear technology abroad, while India has been on a similar campaign […]

FirstEnergy Corp., which may enter into a settlement with Ohio to safeguard the future of its Davis-Besse nuclear plant—a deal critics have blasted as “corporate welfare”—just got the Nuclear Regulatory Commission’s permission to operate the 1978-built reactor until 2037. The 20-year license extension marks a milestone for Akron-headquartered FirstEnergy, which has warned it might have […]

Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]

In a major speech setting out the future direction of the UK’s energy policy, Energy and Climate Change Secretary Amber Rudd announced plans to restrict the use of the country’s coal-fired power stations by 2023 and close all of the facilities by 2025. “Frankly, it cannot be satisfactory for an advanced economy like the UK […]

Levelized Cost of Electricity

AREVA has installed the first-ever boiling water reactor (BWR) assemblies in the U.S. that features an 11×11 fuel rod array, the French nuclear giant revealed this September. The new fuel design, the ATRIUM 11, has been used to produce power at two nuclear plants since April, though AREVA declined to name the reactors. However, the […]

Westinghouse Electric wants the UK to partner in the deployment of its small modular reactor (SMR) technology.  The Toshiba Corp. group on Oct. 20 submitted an unsolicited proposal that outlines a ““shared design and development model” under which Westinghouse would contribute its small modular reactor conceptual design and then partner with UK government and industry […]

GE Hitachi Nuclear Energy (GEH) and DTE Energy announced plans to explore advancing the detailed design of the Economic Simplified Boiling Water Reactor (ESBWR). According to GEH, the ESBWR is the world’s safest approved nuclear reactor design based on core damage frequency. The reactor has advanced passive safety systems, and is designed to cool itself […]

Russia and Vietnam Ink Deal for First Ninh Thuan Nuclear Unit. Russia’s nuclear group Rosatom and Vietnam’s state-owned power company Electricity of Vietnam (EVN) on July 30 signed a general framework

Entergy’s 850-MW James A. FitzPatrick nuclear plant located near Oswego, N.Y., may be the next reactor doomed to close on profitability woes.  Entergy’s CEO Leo Denault told attendees at the Barclays CEO EnergyPower Conference on Sept. 10 that the company will need to decide by the end of this year whether to go forward with […]