Global Energy News Roundup: August 22


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

Japanese Nuclear Power Utility and Engineering Companies Form Alliance

Reuters has reported that Japan nuclear power companies are in talks to form a four-way alliance. Tokyo Electric Power Company Holdings Inc. (TEPCO), Hitachi Ltd, Toshiba, and Chubu Electric Power Co Inc. have reportedly “entered negotiations into the possibility of jointly decommissioning obsolete reactors” Nikkei business daily said on Wednesday. According to the article, “TEPCO has 11 boiling-water reactors, while Chubu Electric has five currently offline since the disaster, with a number of them unlikely to get official approval to restart.”

Source: Reuters

US Company Bechtel to Work on Wylfa Newydd Nuclear Power Plant in Wales

US company Bechtel has been appointed project management contractor of the proposed Wylfa Newydd nuclear power plant in Wales. Bechtel has significant experience with nuclear power plant projects, having been involved in more than 150 and being the architect engineer for 71 plants, while constructing 42. Bechtel will be working with Horizon Nuclear Power. Horizon CEO Duncan Hawthorne said of the partnership that “these world-leading companies bring a wealth of nuclear, engineering and construction expertise to complement our growing organisation and will help us replicate the cost and schedule successes of the previous four ABWR reactors…The UK still needs reliable nuclear power to help transform our energy mix, and we are gearing up to deliver that…”

Source: World Nuclear News

US-Japan Roundtable Tokyo Event Recap

We just had a very successful trip to Japan to co-host a conference with METI titled The Future of Nuclear Power in the United States and Japan. This US-Japan Roundtable Conference was the first in Japan since our founding in 2007.  Approximately 90 member companies and speakers attended the full day program. The event recap can be found here. Our work now continues to further the discussion on global nuclear power markets and the challenges and opportunities for the United States and Japan. We will also begin a closer examination of the forces transforming domestic power markets in our two countries.