More Nuclear Reactors News

EDF makes bid for Areva


An official €2bn bid has been made for Areva’s nuclear reactor business. The French government will have the final say on what deal, if any, is permitted.

Small modular plants: the way forward for Europe?


Nuclear-powered electricity generation should be a key component of every country's energy portfolio.

Engie not open to full acquisition of Areva


The head of Engie says the company are not interested in fully acquiring struggling Areva, but would prefer working with them on particular lines.

EDF to make offer on Areva ‘within days’


Jean-Bernard Lévy, chief executive of EDF, says a formal bid will be made for Areva this week.

Consultation begins for what would be ‘EU’s largest nuclear power site’


Ten weeks of consultations commenced at the weekend into the development of a new nuclear power plant near Sellafield in England.

Contract announcements at Hinkley despite shadow of Austria challenge


In October 2013, Chinese utilities CGN and CNNC signed an agreement with EDF to take a 30 to 40 percent stake in the consortium to build Hinkley Point. The new supply deal would mean that the participation of the Chinese companies would not be purely financial, French daily Les Echos said.

Hinkley – Lessons need to be heeded in using first-of-a-kind EPR technology


A top lawyer at Pillsbury, a global law firm who specialise in energy and natural resources, says that while the Austrian challenge to Hinkley Point C is difficult to understand and is likely politically motivated, the main focus should be implementing lessons learned from other recent new-build projects.

Areva to cut 14 per cent of global workforce


Areva is to cut 6,000 jobs over the next three years — 14 per cent of its global workforce — as it continues to discuss with EDF and the French government options for the restructuring of the company.

Paks nuclear power deal finalised - Rosatom


Rosatom is to set-up two reactors in Hungary at the Paks nuclear power plant. The Hungarian Government has confirmed the contract, which will involve units 5 and 6 being constructed at the plant.

CNNC open to closer ties with Areva


A top official at China National Nuclear Corp (CNNC) says the company is open to all forms of an alliance with French nuclear firm, Areva.

Tesla battery announced as key to ‘weaning the world off fossil fuels’


The CEO of Tesla Motors Elon Musk has announced a Tesla Energy battery for businesses and utility companies during an event in California on Thursday.

Vattenfall to shut down nuclear reactors ahead of schedule


Swedish utility Vattenfall has announced plans to potentially shut down two of its nuclear reactors early, citing declining profitability and increased operating costs.

Taiwan nuclear power plant fire under investigation


A reactor at Taiwan’s third nuclear power plant is to remain shut down while the plant’s owner, the Taiwan Power Company (Taipower), investigates the cause of a fire that broke out early yesterday morning.

Statkraft selects Alstom for Sheringham offshore wind contracts


Alstom has received a three-year service contract from Statkraft for the substations of the 317MW Sheringham Shoal offshore wind farm, located off the coast of England.

Brussels approves revised plans for Hungarian nuclear power plant


The Hungarian government says the last major hurdle to the country’s new nuclear reactors has been removed.

Flamanville nuclear reactor fault a fresh blow for Hinkley Point C


The news that the Flamanville nuclear power plant is being subjected to an investigation as a result of a fault in its reactor pressure vessel represents another unwelcome development for the UK’s nuclear power project at Hinkley Point C.

Fears grow over labour shortage at Fukushima nuclear plant


A labour shortage could be in the works for the decommissioning crew at Japan’s Fukushima No 1 nuclear power plant, analysts have warned, potentially putting the project at risk.

World's largest nuclear power project to go ahead - minister


The chief minister of India’s Maharashtra state, Devendra Fadnavis, said on Sunday that a planned 9.9 GW nuclear power project in the port of Jaitapur will go ahead despite ongoing protests.

China’s first domestically produced nuclear reactor approved


China’s State Council has issued a statement announcing its approval of the first demonstration unit of China’s Hualong-1 nuclear reactor.

Nuclear fuel assembly market to exceed $32bn by 2025


New research from GlobalData indicates that the global market value for nuclear fuel assembly will increase from approximately $22.2bn in 2014 to just under $32.1bn by 2025, representing a Compound Annual Growth Rate of 2.5 per cent.