nuclear power

China’s State-Owned Assets Supervision and Administration Commission reorganized and transferred China Nuclear Engineering & Construction Corp. (CNEC) to China National Nuclear Corp. (CNNC) on January 31, forming a new giant in the nuclear power industry. The combined company is estimated to have nearly $100 billion in combined assets and almost 150,000 employees, according to data […]

The nuclear power industry is struggling in the U.S. Several reactors are at risk of early closure due to difficulty competing in the wholesale power markets. New units being built in South Carolina have been abandoned, while the only other nuclear construction project in the U.S.—the Plant Vogtle expansion in Georgia—is behind schedule and over […]

Cybersecurity is a topic covered frequently in the pages of POWER magazine, and one that all power plants need to take seriously. A recent simulation proved that the consequences of a hack can be grave. The drill took place in Sweden, but could have been conducted anywhere in the world. The attack used plant control […]

We were standing in Volgodonsk, Russia, on a bridge that connected the third and fourth units of the Rostov Nuclear Power Plant (NPP). The fourth unit was under construction, and the deputy chief engineer of the Rostov NPP, Alexander Belyaev, told us that we were about to witness something unique. It was December 1, 2015, […]

The nuclear power industry has been a tremendous asset to the world for decades. Yet, when the word “nuclear” is spoken, bombs are what first come to many peoples’ minds. World governments and the industry as a whole could do well by rebranding President Eisenhower’s 1953 United Nations “Atoms for Peace” speech. Eisenhower spelled out […]

Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]

Exelon Corp. said it plans to retire the Three Mile Island (TMI) nuclear power plant around September 30, 2019, unless policy reforms are enacted in Pennsylvania. The company used a similar ploy in Illinois to pressure lawmakers into passing the state’s Future Energy Jobs bill, which provides subsidies for nuclear power plants. In that case, Exelon […]

China National Nuclear Corp. (CNNC) completed the dome lift at Fuqing Unit 5—the world’s first power plant being constructed utilizing the HPR 1000 (also known as the Hualong One) reactor design—15 days ahead of schedule on May 25. The feat was no small accomplishment. The dome weighs about 340 metric tons and has a diameter […]

In 1957, legendary Calypso singer and civil rights activist Harry Bellefonte recorded “Jamaica Farewell,” which became a major hit in the U.S. The song’s chorus: “Sad to say, I’m on my way, won’t be back for many a day.” That looks like the theme song for nuclear power in the U.S. (and perhaps Western Europe […]

The recent announcement by Westinghouse Electric Co. that it had filed for bankruptcy sent a shockwave through the nuclear power industry. It wasn’t a secret that the company was struggling financially as a