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Westinghouse and Hyundai sign contract for reactors in Bulgaria

Global, News

A consortium of Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction has secured an engineering services contract with Bulgaria’s Kozloduy NPP-Newbuild.  This contract advances the project beyond the front-end engineering and design phase towards the construction of two AP1000 nuclear reactors at the Kozloduy site. The AP1000, a Generation III+ reactor known for its passive safety systems and modular design, will play a central role in Bulgaria’s energy diversification and security efforts.  The…

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Westinghouse extends AP1000 reactors contract in Bulgaria

Global, News

Westinghouse Electric has extended its front-end engineering and design contract with Bulgaria’s Kozloduy NPP-Newbuild for the construction of two AP1000 reactors at the Kozloduy nuclear power plant (NPP).   The partnership, which began in June 2023, focuses on evaluating Kozloduy’s infrastructure for deploying the AP1000 reactors. Following this phase, the project will move to engineering services, including design, licensing, training, project management, and site planning in preparation for construction. In early 2024, Westinghouse delivered the first…

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Seaspan to manufacture SMR components for Westinghouse

Global, News

Westinghouse Electric has signed a memorandum of understanding (MoU) with Seaspan to produce essential components for its AP1000 and AP300 small modular reactors (SMRs). This partnership will support nuclear new-build projects in Canada and globally, including the manufacturing of components like pipe spools and steel structures. Seaspan’s expertise in large-scale custom fabrication positions the company to enter the nuclear sector. For each AP1000 unit built outside Canada, Westinghouse estimates a contribution of nearly C$1 billion…

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Westinghouse and Hyundai partner to explore nuclear power opportunities in Sweden and Finland

Global, News

Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new nuclear reactors at Ringhals in…

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Westinghouse appeals Czech’s selection of KHNP for Dukovany nuclear project

Global, News

US nuclear company Westinghouse Electric has filed an appeal against the Czech Republic’s decision to select South Korea’s Korea Hydro & Nuclear Power (KHNP) as the preferred bidder for a multi-billion-dollar nuclear project. The Czech government chose KHNP to construct two nuclear reactors at the Dukovany power plant, each costing $8.65 billion, following a competitive bidding process. KHNP was selected over France’s EDF, with sources indicating that KHNP’s bid was significantly less costly. Westinghouse, which…

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Westinghouse receives UK approval for AP300 SMR design assessment

Global, News

Westinghouse Electric has received formal approval from the UK’s Department of Energy and Net Zero to enter the Generic Design Assessment (GDA) for its AP300 Small Modular Reactor (SMR). This marks a significant step for nuclear technology in the UK, which is supporting new nuclear projects through the Great British Nuclear (GBN) initiative. The AP300 SMR is a smaller, transportable reactor with a capacity of up to 300 MW(e) per unit, based on Westinghouse’s proven…

Power Sector News Roundup for November 6, 2024

Power Bytes

Global: Westbridge sells 75% stake in Alberta’s Sunnynook solar project to METLEN Emeren and Arpinge partner on 300MW battery storage portfolio in Italy EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS UAE’s Nakheel and DEWA partner on 132 kV substation in Palm Jebel Ali Canada proposes 35% emissions cap on oil and gas sector by 2030 ACCIONA Energía acquires 300 MW of wind capacity in Texas FTC Solar to…

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World Nuclear Performance 2024

Analysis, Features

In a world grappling with the urgency of climate goals and clean energy transitions, the World Nuclear Performance Report 2024, produced by the World Nuclear Association, presents a compelling narrative on the global nuclear industry’s role in reducing emissions and enhancing energy security. Through facts, case studies, and country-specific insights, the report highlights nuclear energy’s capacity to deliver dependable, carbon-free power and keep pace with rising global electricity demands. Nuclear’s Vital Statistics: Performance on a…

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NEA to publish cost study of Sweden’s energy and electricity system

Global, News

The Nuclear Energy Agency (NEA) and the Swedish Government have announced a collaboration on a cost study of Sweden’s electricity and energy system. The study aims to explore the cost implications of various policy decisions and energy strategies under stringent carbon constraints, with the final report expected by the end of 2025. The announcement was made at the Roadmaps to New Nuclear 2024 conference in Paris, where NEA director-general William D. Magwood IV expressed hope…

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Czech nuclear deal will go ahead despite controversy, South Korean President says

Global, News

South Korean President Yoon Suk Yeol has expressed confidence in moving forward with a multibillion-dollar project to build a nuclear plant in the Czech Republic, despite legal challenges from EDF and Westinghouse. In an interview with Reuters, President Yoon reassured that there is no need for concern over the project. In July, the Czech Government selected Korea Hydro & Nuclear Power (KHNP) to build two reactors, marking South Korea’s first major overseas nuclear order since…