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
GEH Awarded Exelon Integrated Outage Services Contract
Electric utility company Exelon Generation awarded a more than $140 million integrated outage contract to GE Hitachi Nuclear Energy (GEH), spanning Exelon’s entire fleet of boiling water and pressurized water reactors. Under the deal, GEH will deliver a complete portfolio of outage and inspection services, as well as supporting refueling of floor activities and performing under-vessel and inspection services for Exelon.
IAEA Estimates Necessary Nuclear Investment to Meet Climate Goals
Dohee Hahn, director of the International Atomic Energy Agency, asserted that the nuclear energy industry needs an annual investment of $80 billion to meet climate change goals. Hahn told an industry conference that between 10 and 20 reactors will need to be built every year through 2030, if global temperature rise is to be held within 2 degrees.
Westinghouse to Supply Six Batches of Nuclear Fuel to Energoatom
Westinghouse Electric Sweden will supply six batches of nuclear fuel to Energoatom for Ukrainian nuclear power plants in 2017, according to Interim CEO and President of Westinghouse Jose Emeterio Gutierrez. He also stated, “It is planned that six batches will be shipped every year until 2020. At least this is outlined in the contract.”
Source: Kyiv Post
CGN Asserts Brexit Will Pose Challenges to Operations
An executive at China’s CGN Power Co. stated that Great Britain’s decision to withdraw from the European Union will bring uncertainties to nuclear cooperation among Britain, China, and France. Britain has maintained that it will be business as usual for the Hinkley Point project, as CGN continues to await regulatory approval to build two of its own reactors as well as providing a third of the financing for the Hinkley Point deal.
Paper Asserts Nuclear Needed for Europe Clean Energy
Foratom, the European nuclear trade body, published a position paper on the European Commission’s ‘Clean Energy for All Europeans’ package of measures for a clean energy transition. The organisation says the EU’s aim to decarbonise the economy by more than 80% by 2050 cannot be achieved without nuclear power. The group calls for “cost-efficient decarbonisation, an effective power market leading to competitive and affordable electricity prices for end-consumers and the promotion of investments in low-carbon technologies.”
Source: World Nuclear News
IAEA Considers Safety of Aging Research Reactors
The Technical Working Group on Research Reactors (TWGRR) recently made recommendations to the International Atomic Energy Agency (IAEA) on the sustainable and safe operation of aging research reactors. TWGRR consists of 20 technical experts, regulators, and senior managers from countries with operating research reactors.
Source: World Nuclear News