From left: David Piccini, Ontario’s minister of environment, conservation, and parks; Mike Rencheck, president and CEO, Bruce Power; Tim Gitzel, president and CEO, Cameco; and Todd Smith, Ontario’s minister of energy. (Photo: Bruce Power)
Canadian firms Cameco and Bruce Power have announced a 10-year extension of their long-term exclusive nuclear fuel supply arrangements, securing power generation from the eight-unit 6,507-MWe Bruce nuclear plant through 2040.
Rendering of a Rolls-Royce SMR plant. (Image: Rolls-Royce SMR)
The United Kingdom’s nuclear regulators—the Office for Nuclear Regulation (ONR), the Environment Agency, and Natural Resources Wales (NRW)—have announced the completion of step one of their generic design assessment (GDA) for Rolls-Royce SMR’s 470-MWe small modular reactor design and the start of step two, which is expected to last 16 months.
The Bruce nuclear power plant. (Photo: Bruce Power)
Canada’s Bruce Power, operator of Ontario’s eight-unit Bruce nuclear power plant, has announced the issuance of C$600 million (about $446.3 million) in green bonds in support of the company’s net-zero-by-2027 goal. (Investopedia defines green bonds as fixed-income instruments specifically earmarked to raise money for environmentally friendly projects.)
Vogtle Units 3 and 4 in February. (Photo: Georgia Power)
Unit 3 at the Vogtle nuclear power plant has been successfully synchronized and connected to the electric grid, Georgia Power announced on April 1. The unit—one of two Westinghouse-supplied AP1000s at the Waynesboro, Ga., plant’s nuclear expansion site—becomes the first new U.S. power reactor to start up in seven years.
Bohdan Zronek, ČEZ board member and director of the firm’s nuclear energy division; Tarik Choho, president of Westinghouse’s nuclear fuel division; and Aziz Dag, senior vice president of BWR and VVER fuel for Westinghouse (seated, left to right) signed the agreement. Also present were David Benes, ČEZ Group CEO, and Patrick Fragman, Westinghouse CEO. (Photo: Westinghouse)
Westinghouse has signed an agreement with ČEZ, owner and operator of the Czech Republic’s nuclear power plants, to supply VVER-440 fuel assemblies to the Dukovany facility, the American firm announced March 29. Fuel deliveries will commence in 2024, replacing Russia’s TVEL fuel, with an anticipated term of seven years. One of the Czech Republic’s two nuclear power plants, Dukovany houses four Russian-supplied VVER-440/V213 reactors.
Outokumpu’s steel mill in Tornio, Finland. (Photo: Outokumpu)
Fortum—operator of Finland’s two-unit Loviisa nuclear power plant—has signed a memorandum of understanding with Finnish stainless steel producer Outokumpu to explore decarbonizing the latter’s manufacturing operations with the help of emerging nuclear technologies, the companies announced on March 23.
These graphs illustrate how rapidly scaling the nuclear industrial base would enable nearer-term decarbonization and increase capital efficiency, versus a five-year delay to reach the same 200 GW deployment by 2050. (Source: DOE, Pathways to Commercial Liftoff: Advanced Nuclear, Fig. 1)
The Department of Energy released Pathways to Commercial Liftoff: Advanced Nuclear earlier this month. It is one of the first in a series of reports on clean energy technologies and the private and public investments needed to overcome hurdles to full-scale deployment. The report makes a clear case for investment in nuclear power and challenges potential investors and operators to move beyond the current “wait and see” stalemate and generate “a committed orderbook . . . for 5–10 deployments of at least one reactor design by 2025.”
Romanian president Klaus Iohannis (center left) met with UAE president Sheikh Mohamed bin Zayed Al Nahyan (center right) on March 21. The MOU between Nuclearelectrica and ENEC was announced during the meeting. (Photo: Ligia Deca)
Nuclearelectrica has signed a memorandum of understanding with Emirates Nuclear Energy Corporation (ENEC) to provide both parties with an enabling framework for potential collaboration on the development and expansion of nuclear energy programs in Romania and the United Arab Emirates, as well as in Central and Eastern Europe.