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Mining resumes at WIPP

Thursday, January 18, 2018

WIPP_mining_resumption_(WIPP)-48Mining operations have resumed after a four-year break at the US Department of Energy's Waste Isolation Pilot Plant. A continuous mining machine has begun cutting into panel 8 in the underground salt formation, work that was halted following separate underground events in early 2014.

EDF Energy expects 20% cost saving for Sizewell C

Thursday, January 18, 2018

EDF Energy is confident Hinkley Point C will come on line in 2025 and that Sizewell C will be 20% cheaper to build, the company's new CEO, Simone Rossi, said yesterday in his first major speech since taking over from Vincent de Rivaz at the helm of the UK company in November.

Toshiba agrees sale of Westinghouse claims

Thursday, January 18, 2018

Toshiba Corporation is to sell its claims against Westinghouse Electric Company and Brookfield - which is buying the Westinghouse-related shares that it holds - to Nucleus Acquisition. The Japanese company said it has entered into an assignment and purchase agreement with Nucleus and a share purchase agreement with Brookfield.

UK committee says action needed on climate plan

Thursday, January 18, 2018

The UK government must take urgent action to "flesh out" plans and proposals set out in its Clean Growth Strategy if the country is to meet its emission targets to 2032, according to the Committee on Climate Change. Reliance on nuclear energy to decarbonise power generation calls for the timely completion of Hinkley Point C and the construction of additional nuclear power plants, it said.