Nuclear power

Mitsubishi Heavy Industries Achieves Large YoY Growth in Order Intake, Revenue, and Profit in Strong Third Quarter, Raises FY2023 Order Intake and Revenue Guidance

Retrieved on: 
Wednesday, February 7, 2024

- Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.

Key Points: 
  • - Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.
  • Profit attributable to owners of parent (net income) was JPY138.0 billion, an increase of 107.8% year-over-year, with a profit margin of 4.2%.
  • In Energy Systems, strong demand in Gas Turbine Combined Cycle (GTCC) as well as Nuclear Power served to increase order intake.
  • "Performance during the first three quarters of FY2023 was strong, with large year-over-year growth in order intake, revenue, and profit," Hisato Kozawa, MHI Chief Financial Officer commented.

CACI Names Tanya M. Skeen as Senior Vice President of Corporate Strategy and Development

Retrieved on: 
Monday, November 13, 2023

CACI International Inc ( NYSE: CACI ) announced today that Tanya M. Skeen, former Assistant Secretary of Defense for Acquisition (Acting), has joined the company as Senior Vice President of Corporate Strategy and Development.

Key Points: 
  • CACI International Inc ( NYSE: CACI ) announced today that Tanya M. Skeen, former Assistant Secretary of Defense for Acquisition (Acting), has joined the company as Senior Vice President of Corporate Strategy and Development.
  • “Tanya is a recognized expert in defense technology acquisition.
  • For CACI, Skeen will leverage her deep domain knowledge to work collaboratively across the enterprise to enhance and shape cutting-edge technology offerings and innovations for the company.
  • Skeen joins CACI from the Office of the Under Secretary of Defense where she served as the acting Assistant Secretary of Defense for Acquisition for the past two years.

FuelCell Energy Electrolyzer to be used in UK Hydrogen and Nuclear Study

Retrieved on: 
Wednesday, October 18, 2023

DANBURY, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has been contracted by EDF Energy for a project exploring the viability of using hydrogen to decarbonize asphalt production.

Key Points: 
  • DANBURY, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has been contracted by EDF Energy for a project exploring the viability of using hydrogen to decarbonize asphalt production.
  • The Bay Hydrogen Hub consortium, which is made up of EDF , Heidelberg UK , the National Nuclear Laboratory , and Vulcan Burners , proposes combining the use of FuelCell Energy’s 1-Megawatt Solid Oxide Electrolyzer Cell (SOEC) with nuclear generated heat and electricity to produce hydrogen in bulk at a lower cost than other hydrogen electrolysis technologies.
  • FuelCell Energy President and CEO Jason Few commented, “ Solid oxide electrolysis is ideal for producing hydrogen from nuclear power sources.
  • The funding is from the UK government’s £1 billion ($1.2b) Net Zero Innovation Portfolio (NZIP), which provides funding for low-carbon technologies and systems.

Oppenheimer the actor: the curious 1946 film Atomic Power featuring the scientist as himself

Retrieved on: 
Thursday, July 27, 2023

Particularly striking in Atomic Power is that leading figures play themselves, including Robert Oppenheimer, Leslie Groves and even Albert Einstein.

Key Points: 
  • Particularly striking in Atomic Power is that leading figures play themselves, including Robert Oppenheimer, Leslie Groves and even Albert Einstein.
  • This film, which offers a unique window on the dawn of the Atomic Age, resonates with its 2023 counterpart.
  • Atomic Power was released when only 44,000 US households had television, so millions saw it in cinemas.

Nuclear messages on film

    • Other critics, however, have suggested the film “skirts around the human suffering caused by the bomb”.
    • In contrast to 2023, the world did not yet have nuclear-armed rockets, nuclear-powered submarines, nor even commercial nuclear power stations.
    • At that time, the US was the only country with nuclear weapons – only 11 bombs in 1946, deliverable by propeller-driven B-29 bombers.
    • But the film largely focuses on communicating the technological triumph of creating an atomic bomb.

Surreal moments

    • Oppenheimer is noted for its sometimes surreal and “artful” depictions.
    • Atomic Power’s dramatisation, though seemingly more conventional, offers equally surreal takes.
    • Most striking is a scene involving Vannevar Bush and James B. Conant, who both played significant government oversight roles in the Manhattan Project.
    • Conant’s own account, written the day after the real event, conveyed a great sense of fear when facing the bomb.
    • Groves’s only line, having led the project, is cautioning an unnamed scientist to be careful with a $50m plutonium test-tube.

Mirion Technologies Introduces Genie™ 4.0 Spectroscopy Software, Now with Flexible Licensing Options

Retrieved on: 
Tuesday, June 27, 2023

Mirion Technologies (NYSE: MIR), a leading provider of advanced radiation safety solutions, today announced a major update of the company’s flagship Genie spectroscopy software.

Key Points: 
  • Mirion Technologies (NYSE: MIR), a leading provider of advanced radiation safety solutions, today announced a major update of the company’s flagship Genie spectroscopy software.
  • Simultaneously, new users can quickly adapt to and harness the power of the Genie 4.0 release, ensuring evolved spectroscopy operations from the outset.
  • In addition to a host of new features, the release of Genie 4.0 software introduces flexible new licensing models.
  • In the meantime, customers can explore the expanded features, service and support offering, flexible licensing options, and Genie 4.0 scripting resources on mirion.com.

Bechtel, Westinghouse Hold Forum for Czech Republic Suppliers

Retrieved on: 
Thursday, March 2, 2023

"The time is now to begin engagement with potential suppliers in the Czech Republic and we look forward to building lasting partnerships."

Key Points: 
  • "The time is now to begin engagement with potential suppliers in the Czech Republic and we look forward to building lasting partnerships."
  • Welcoming the supplier representatives Ambassador Sabet said: "Westinghouse and Bechtel have assured me they are committed to the Czech Republic.
  • "Czech industry has a vital role to play in the deployment of nuclear technology here," said Petr Brzezina, Westinghouse President for the Czech Republic.
  • "I would like to thank the Ministry of Industry and Trade of Czech Republic, Czech Power Industry Association and TUV Nord for their partnership on this Symposium, emphasizing the importance of this project for the future of Czech suppliers."

Nuclear Power Plant Equipment Market worth $18.6 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 9, 2023

The Nuclear Power Plant Equipment Market, by equipment, is divided into island and auxiliary, where in the island segment accounts for a largest share.

Key Points: 
  • The Nuclear Power Plant Equipment Market, by equipment, is divided into island and auxiliary, where in the island segment accounts for a largest share.
  • The Nuclear Power Plant Equipment Market is dominated by a few major players that have a wide regional presence.
  • Nuclear Power Plant Equipment Market Dynamics:
    In February 2022, GE agreed to sell nuclear power activities part to Electricite de France.
  • Currently, the great majority of nuclear power electricity is generated through nuclear fission of uranium and plutonium in nuclear power plants.

Ultra Safe Nuclear Adds Alexander Superfin to Lead Project Development

Retrieved on: 
Tuesday, November 8, 2022

Ultra Safe Nuclear Corporation strengthens its leadership team and project focus, adding Alexander Superfin as Senior Vice President, Project Development.

Key Points: 
  • Ultra Safe Nuclear Corporation strengthens its leadership team and project focus, adding Alexander Superfin as Senior Vice President, Project Development.
  • In this role, Alexander will drive progress on projects in the field for Ultra Safe Nuclear including site characterization, site-specific engineering, and ensuring nuclear plant license applications are submitted to nuclear regulators globally.
  • View the full release here: https://www.businesswire.com/news/home/20221108005072/en/
    Alexander Superfin joins Ultra Safe Nuclear as Senior Vice President, Project Development.
  • Ultra Safe Nuclear is committed to bringing safe, commercially competitive, clean and reliable nuclear energy to global power and industrial markets.

Bechtel, Toshiba join forces to pursue Polish nuclear plant projects

Retrieved on: 
Tuesday, June 7, 2022

RESTON, Va., June 7, 2022 /PRNewswire/ -- Bechtel, a trusted engineering, construction, and project management partner to the global nuclear industry for nearly 70 years, today announced a Memorandum of Understanding with Toshiba America Energy Systems and Toshiba Energy Systems & Solutions to pursue a new civil nuclear power plant project in Poland.

Key Points: 
  • Toshiba is the latest company to join the group of U.S. and Polish companies organizing a team led by Bechtel and Westinghouse Electric Company.
  • The plant would be Poland's first nuclear power station as the country transitions away from coal-fired energy while maintaining its energy independence.
  • "Any new nuclear plant requires expertise from proven companies with the required certifications," said Ahmet Tokpinar, general manager of Bechtel's Nuclear Power business line.
  • "We are honored to be partnering with Bechtel as this exciting opportunity develops to support Poland's new nuclear power plant pursuits," said Kentaro Takagi, president and CEO, Toshiba America Energy Systems Corporation.

Toshiba and Bechtel Team-up to Support Poland’s First Nuclear Power Station

Retrieved on: 
Tuesday, June 7, 2022

Toshiba America Energy Systems Corporation and its affiliate, Japan-based Toshiba Energy Systems & Solutions Corporation , are pleased to announce that they have reached an agreement with Bechtel Power Corporation to collaborate on the delivery of steam turbines and generators for Poland's first nuclear power plant.

Key Points: 
  • Toshiba America Energy Systems Corporation and its affiliate, Japan-based Toshiba Energy Systems & Solutions Corporation , are pleased to announce that they have reached an agreement with Bechtel Power Corporation to collaborate on the delivery of steam turbines and generators for Poland's first nuclear power plant.
  • Yuki Arima, Business Unit Manager, Power Systems Div., Toshiba Energy Systems & Solutions Corporation (left) Kentaro Takagi, President & CEO Toshiba America Energy Systems Corporation (middle), Ahmet Tokpinar, General Manager, Nuclear Power, Bechtel Corporation (Photo: Business Wire)
    With increasing demand for energy independence, nuclear power provides reliable energy at scale and contributes to carbon free initiatives.
  • Industry leaders such as Toshiba and Bechtel have been supporting nuclear power plants for decades and are trusted among customers to provide safe, efficient, and reliable solutions.
  • We are honored to be partnering with Bechtel as this exciting opportunity develops to support Polands new nuclear power plant pursuits, said Kentaro Takagi, President and CEO, Toshiba America Energy Systems Corporation.