Toshiba’s chairman, Shigenori Shiga, has accepted the responsibility for his company’s financial challenges and operating losses and resigned his position as chairman and as a board member. He remains an executive with the company. After some early confusion related to a discussion about its financial statements with its auditors, Toshiba has announced that it will […]
New Nuclear
Toshiba Likely To Exit Nuclear Plant Construction Business
Note: There is an important information update at the end of this post. Westinghouse is “unlikely to carry out actual construction work for the future nuclear power plant projects to eliminate risk.” Satoshi Tsunakawa, President and CEO of Toshiba, the Japanese company that owns Westinghouse and its CB&I Stone Webster subsidiary, made that statement during […]
NRC Vision And Strategy For Licensing Advanced Reactors Needs Improvement
The Nuclear Regulatory Commission has published its vision and strategy for preparing to review applications for permission to begin building reactors that do not use light water as the coolant. Policy makers who are interested in ensuring that American reactor developers have the opportunity to lead in the nascent – but potentially very lucrative field – of […]
Will China convert existing coal plants to nuclear using HTR-PM reactors?
It would be a huge benefit to the earth’s atmosphere if China, India, Brazil and the US could reduce direct coal burning while still making use of much of the capital that they have invested in building coal fired power plants. It would make an even larger difference in reducing air pollution in the areas […]
NuScale Getting Ready For Design Certification Submission
NuScale remains on track to submit a high quality design certification application to the Nuclear Regulatory Commission by the end of 2016. That statement might surprise people who follow small modular reactor developments closely enough to be aware that the company received a status report earlier this week from the NRC that gave a grade […]
Nuclear plant construction in U.K. will gain momentum from Brexit vote
British voters have spoken; they want to leave the EU by a margin of 52% to 48%. The split should provide a boost for the UK’s nuclear energy program. It should also improve the UK’s energy resiliency and improve the effectiveness of its effort to reduce CO2 emissions. As an island nation, the UK doesn’t […]
Feeling Upbeat about Nuclear Technology’s Future
I feel better about the prospects for new nuclear technology development today (April 21) than I have for several years, based on the four conferences in four different U.S. cities I’ve attended over the past several weeks. My travel calendar has included Washington, D.C., for the Nuclear Industry Summit / Nuclear Security Summit, New York […]
No obstacles prevent China from rapidly building floating nuclear power plants
Credible entities in China have begun lining up the supply chains required to produce reliable electrical power from barge mounted nuclear fission power plants. There are no technical, industrial, or regulatory hurdles that prevents the first of those machines from being in service by 2020. China has a pressing need for the electricity those movable […]
Advanced Reactor leaders: Will you put one in your backyard?
I returned from the Nuclear Energy Insider International Advanced Reactor and SMR Summit with revived energy, optimism and passion for participating in an expanding effort to smooth and straighten the tortuous path associated with producing increased quantities of clean energy from atomic fission. The effort isn’t small, it isn’t narrowly focused, and it isn’t–by any […]
Bechtel will “pursue” accelerated mPower development
I’ve relearned a valuable lesson — read press releases and other PR material closely, paying special attention to wiggle words. On Friday, March 4, Bechtel issued a press release titled Bechtel, BWXT to Pursue Acceleration of Small Modular Nuclear Reactor Project. In my excitement, I missed the key word in the headline and in the […]
Bechtel and BWXT have announced an acceleration of Generation mPower
Note: For an update on this topic see subsequent post titled Bechtel will “pursue” acceleration of mPower project. On March 4, 2016, in a press release issued from Reston, VA, Bechtel and BWX Technologies (BWXT) announced that they would be accelerating their Generation mPower small modular reactor project. Bechtel will take over the project lead […]
DOE and UAMPS sign agreement for siting at INL
At the 12th annual Platts Nuclear Energy Conference, John Kotek, the Acting Assistant Secretary of Energy for Nuclear Energy just made a major announcement. Yesterday, February 17, 2016 Rick Provencher and Doug Hunter signed an agreement between the U.S. Department of Energy and UAMPS (Utah Associated Municipal Power Systems). It provides UAMPS with a use […]
