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Canada’s General Fusion to become publicly traded company
General Fusion has entered into a definitive business combination agreement with Spring Valley Acquisition Corp. (SVAC) that would make General Fusion the first publicly traded pure-play fusion firm, the company announced on January 22. The business combination is projected to be completed in mid-2026.
Ronald E. Wright, Norman Fletcher, Raymond D. Pearsall, Victor E. Sidnev, John H. Bickel, Aldo Vianello
Nuclear Technology | Volume 143 | Number 2 | August 2003 | Pages 241-245
Technical Note | Nuclear Plant Instrumentation, Control, and Human-Machine Interface Technologies | doi.org/10.13182/NT03-A3413
Articles are hosted by Taylor and Francis Online.
The Ignalina nuclear power plant (NPP) Units 1 and 2 are Soviet-designed, RBMK (Reaktor Bolshoi Moschnosti Kipyashchiy), channelized, large power-type reactors. The original-design electrical capacity for each unit was 1500 MW. Unit 1 began operating in 1983, and Unit 2 was started up in 1987. In 1994, the government of Lithuania agreed to accept grant support for the Ignalina NPP Safety Improvement Program with funding supplied by the Nuclear Safety Account of the European Bank for Reconstruction and Development (EBRD). As conditions for receiving this funding, the Ignalina NPP agreed to prepare a comprehensive safety analysis report that would undergo independent peer review after it was issued. The EBRD Safety Panel oversaw preparation and review of the report. In 1996, the safety analysis report for Unit 1 was completed and delivered to the EBRD. Part of the analyses covered anticipated transients without scram (ATWS). The analysis showed that some ATWS scenarios could lead to unacceptable consequences in <1 min. The EBRD Safety Panel recommended to the government of Lithuania that the Ignalina NPP develop and implement a program of compensatory measures for the control and protection system before the unit would be allowed to return to operation following its 1998 maintenance outage. A compensatory control and protection system that would mitigate the unacceptable consequences was designed, procured, manufactured, tested, and installed. The project was funded by U.S. Department of Energy.