Three factors will drive nuclear exports: energy security, decarbonization, and geopolitics. Recent power prices in Europe, coupled with the situation in Ukraine, demonstrate the interplay of all three factors. Nuclear exports have to be viewed in the context of the current geopolitical climate, particularly relative to Russian and Chinese competitive offerings. Finally, the critical importance of nuclear energy in meeting global decarbonization efforts can be a driving force for exports, further enhanced by the inclusion of nuclear energy in clean/green taxonomies and the accompanying support from the ESG (environmental, social, and governance) investor community.
March 25, 2022, 11:59AMNuclear News
March 7, 2022, 3:00PMNuclear News
January 18, 2022, 9:30AMNuclear News
Westinghouse Electric Company has signed memorandums of understanding with seven companies in the Czech Republic. The MOUs, signed on January 13 at the Ministry of Industry and Trade in Prague, cover cooperation on the potential deployment of a Westinghouse AP1000 reactor at the Dukovany nuclear plant, as well as other potential AP1000 projects in Central Europe.
January 11, 2022, 9:30AMNuclear News
In a wide-ranging “program statement” laying out its policy priorities, the Czech Republic’s new, center-right government has endorsed nuclear energy and renewables and called for power generation from coal to be phased out by 2033.
The final version of the statement was released on January 7 by the five-party coalition government, sworn into office last month and led by Prime Minister Petr Fiala, head of the Civic Democratic Party.
December 21, 2021, 3:00PMNuclear News
ADVANCED REACTORS MARKETPLACE
GEH’s BWRX-300 SMR technology chosen for Darlington clean energy project
GE Hitachi Nuclear Energy has been selected by Ontario Power Generation as technology partner for the Darlington site's new nuclear plant project. GEH will work with OPG to deploy a BWRX-300 small modular reactor as early as 2028 at the Darlington site in Canada.
■ NuScale Power and Kazakhstan Nuclear Power Plants LLP have signed a memorandum of understanding to explore the deployment of NuScale VOYGR power plants in Kazakhstan. KNPP specializes in the development of nuclear power plant construction in Kazakhstan. The agreement calls for a sharing of nuclear and technical expertise between NuScale and KNPP. Under the MOU, NuScale will support KNPP’s evaluation of NuScale’s SMR technology, including nuclear power plant engineering, construction, commissioning, operation and maintenance, and project-specific studies and design work.
■ PKN ORLEN and Synthos Green Energy have signed an agreement to set up a joint venture, ORLEN Synthos Green Energy, with a goal to prepare and commercialize small nuclear reactor technology, particularly GE Hitachi Nuclear Energy’s BWRX-300 reactors, in Poland. Related, BWXT Canada Ltd. signed a letter of intent with Synthos and GEH for the manufacture of key SMR components for Poland.
February 5, 2021, 7:00AMNuclear News
Czech Republic political parties have agreed to exclude China from participating in a tender to build an additional reactor at the Dukovany nuclear plant but have yet to decide whether to allow Russian participation, according to a report last week from Reuters.
Other bidders on the project, estimated to be worth some €6 billion (about $7.2 billion), include Korea Hydro & Nuclear Power of South Korea, EDF of France, and Westinghouse of the United States.
July 5, 2012, 6:00AMANS Nuclear Cafe
The stakes are $10 billion in contracts to build new nuclear reactors for CEZ, the Czech Republic's state-owned power utility