Global Energy News Roundup: July 28

The Forum on Energy weekly news roundup brings together a mix of global energy stories from around the web. It is published every Thursday and is available on Twitter via @forumonenergy

EDF Gives Green Light on Hinkley Point foe3

French energy company EDF officially gave the go-ahead for the £18 billion nuclear power station at Hinkley Point in the UK. During a board meeting, EDF officials decided upon the final financing agreement for the project, with the company providing most of the underwriting. One third of the costs will still be provided by Chinese investors. Following this final agreement, contracts will be signed and construction work can begin in short order.

Source: BBC

Japanese Institute Publishes Nuclear Restart Projections

The Institute of Energy Economics, Japan (IEEJ) released its Economic and Energy Outlook of Japan Through 2017, predicting that seven Japanese nuclear power reactors are likely to be online by the end of next March. It goes on to estimate that 12 more will be operational by March 2018, putting the total at 19 reactor restarts in the next year and eight months. IEEJ does note that judicial rulings and local consents will affect the rate of restart.

Source: World Nuclear News

Decomissioning Milestone Reached at German Reactor

The reactor pressure vessel of the Obrigheim nuclear power plant in Germany has been fully dismantled, according to plant owner EnBW. The plant shut down in 2005 after 36 years of operation, and demolition work began in 2008. Work to dismantle the reactor pressure vessel has been underway since 2013. The next stage of decommissioning will see the containment structure dismantled.

Source: World Nuclear News

Savannah River Board Votes to Reject Spent Fuel

The Savannah River Site Citizens Advisory Board voted to reject a U.S.-originated proposal to accept spent nuclear fuel from two German reactors. The waste comes from two shut down reactors, and totals approximately one million graphite spheres that contain uranium and thorium, currently stored in 455 casks.

Source: The Augusta Chronicle

U.S., Mexico to Negotiate Nuclear Power Deal

White House officials announced that the U.S. and Mexico are set to begin negotiating a new nuclear power cooperation agreement, aiming to craft a 123 agreement by the end of the year. The deal would allow American nuclear companies to export their products and technologies to Mexico.

Source: The Hill