Corporate rss

Swiss utility eyes early shutdown costs as referendum approaches

01 November 2016

Leibstadt 48Swiss utility Alpiq estimates it will face economic damages of some CHF2.5 billion ($2.5 billion) if voters back an initiative calling for the early shutdown of the country's nuclear power plants in a referendum later this month. However, it says even if the early phase-out is rejected, it cannot operate its reactors economically under current market conditions.

Cooperation by Argentinian and Ukrainian operators

31 October 2016

Nucleoelectrica-Energoatom - October 2016 - 48State-owned nuclear companies Nucleoelétrica Argentina SA and Energoatom of Ukraine have signed a memorandum of understanding aiming to promote bilateral nuclear power development efforts.

Court rejects EDF works council appeal against Hinkley

28 October 2016

The High Court of Paris has rejected an appeal by EDF's Central Works Council over the court's earlier rejection of its request to suspend the final investment decision for the Hinkley Point C nuclear power plant project in the UK.

First nuclear generation purchase agreement for UAE

01 November 2016

Barakah-One-ADWEC-agreement-(Enec)-48The Abu Dhabi Water and Electric Company has signed the first agreement to purchase electricity generated from the United Arab Emirates' Barakah nuclear power plant, the Emirates Nuclear Energy Company announced today.

Hitachi-GE to develop UK and Welsh BWR expertise

31 October 2016

Hitachi-GE, Bangor Uni, Imperial - October 2016 - 48Hitachi-GE Nuclear Energy announced today it is to provide industry advice to Imperial College and Bangor University's newly formed Boiling Water Reactor Research Hub and Network, following the signing of a memorandum of understanding. Cooperation will include part-time deployment of a researcher to Bangor, and building on the existing program of Japanese internships for UK students.

Future will soon be clear for Exelon plants

27 October 2016

Exelon expects to achieve "clarity" before the end of the year over the future of its nuclear plants in the states of New York and Illinois, president and CEO Chris Crane said yesterday.