Business - Page 1
Stay up to date with the latest Business updates from the global nuclear engineering international industryLatest Business Update
Akkuyu Nuclear (the Rosatom subsidiary that is building Turkey’s first...
> read more
NuScale forms strategic partnership with Japan’s JGC Holdings Corporation
US-based NuScale Power announced on 5 April that it had finalised an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of...
Polish state takes over nuclear company in preparation for NPP construction
The Polish state treasury has taken full ownership of PGE EJ1, the company charged with managing the country’s planned first nuclear power station, for about €114m in what was said to...
Rosatom looks to lithium batteries for storage
Renera, Rosatom’s Energy storage systems integrator, part of Fuel Company TVEL, has closed a deal to acquire 49% of shares in South Korea’s Enertech International, a manufacturer...
Orano acquires Daher’s German nuclear activities
France’s Orano Group and the Daher Group on 4 March signed an agreement for the acquisition by Orano Nuclear Packages and Services (Orano NPS) of Daher’s German nuclear activities...
Exelon to establish two separate companies
US power company Exelon announced on 24 February that its Board of Directors had approved a plan to separate Exelon Utilities (RemainCo), comprising the company’s six regulated...
IAEA and Iran agree a compromise to allow further diplomacy on nuclear deal
Following a visit to Tehran by IAEA Director General Rafael Grossi, IAEA on 21 February issued a joint statement by the Vice-President of the Islamic Republic of Iran and Head of...
Ukrainian government takes over management of Energoatom
On 20 January, the Ukrainian Cabinet of Ministers decided to transfer direct management of nuclear utility Energoatom from the Energy Ministry to the government.
Electricity generation costs examined in new IEA/NEA report
The recently published joint publication by the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA), “Projected Costs of Generating Electricity – 2020” is the...
Russia signs agreements with Uganda and Zambia
Russia and Uganda have signed an intergovernmental agreement on cooperation in the peaceful use of nuclear energy.
More materials irregularities found in France
EDF has found more than 200 irregularities in materials supplied by the alloys division of French mining and metallurgical company Eramet for its NPPs.
Russia looks to Africa
Russia and the Congo on 24 May signed an intergovernmental agreement on cooperation in the field of peaceful uses of atomic energy, following the talks between Russian President...
BP Outlook sees fall in nuclear share
BP’s Energy Outlook for 2019 considers a range of scenarios to explore different aspects of the energy transition over the period to 2040. The scenarios have some common features, such...
Turboatom and Westinghouse extend nuclear cooperation
Ukraine’s Turboatom and US-based Westinghouse have extended a memorandum of understanding in the nuclear energy sphere for one year. The press service of Ukrainian nuclear...
US signs agreement with Canada in preparation for Brexit
The UK and Canada on 2 November signed a bilateral Nuclear Cooperation Agreement (NCA), which will allow "mutually beneficial" civil nuclear cooperation to continue when current...
Nuscale selects BWXT for SMR manufacture
Oregon-based NuScale Power announced on 25 September that it had selected Virginia-based BWX Technologies (BWXT) to start the engineering work to manufacture its small modular...
UK expert advisory group calls for government to support SMRs
The UK's Department for Business, Energy and Industrial Strategy’s Expert Finance Working Group (EFWG) said on 7 August that government support is needed to stimulate private...
New nuclear sector deal for the UK
UK Business and Energy Secretary Greg Clark on 28 June announced a new deal with the nuclear sector intended to ensure “that nuclear energy continues to power the UK for years to...
Iran reveals nuclear achievements
Iran on 9 April announced 83 nuclear-related achievements during a ceremony marking the 12th National Nuclear Technology Day. President Hassan Rouhani unveiled five domestic...
Russia to supply irradiation technology to Philippines
Rusatom Healthcare, a division of Russian state nuclear corporation Rosatom, and Philippines firm A Brown Company Inc (ABCI) on 9 September signed a framework agreement on...
