Boiling water reactor

Hitachi to End Business Operations on the UK Nuclear Power Stations Construction Project

Wednesday, September 16, 2020 - 11:17am

TOKYO, Sept 16, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) today announced that it will end business operations on the nuclear power plant construction project in the United Kingdom (Horizon Project), which was suspended in January 2019 (1).

Key Points: 
  • TOKYO, Sept 16, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) today announced that it will end business operations on the nuclear power plant construction project in the United Kingdom (Horizon Project), which was suspended in January 2019 (1).
  • The Horizon Project is a proposal by Horizon Nuclear Power Limited, which Hitachi acquired in November 2012, to develop nuclear power stations comprising of two units of UK ABWR(2) at Wylfa Newydd in Anglesey, North-West Wales, with the intention to develop Hitachi's nuclear business in the UK and contribute to the energy policy of the UK government, as well as maintaining the business foundation that supports the nuclear industry in Japan.
  • As a result of this decision to end business operations on the Horizon Project, Hitachi will coordinate with the UK government and relevant organizations regarding its cooperation as the owner of ABWR licence(3) and the handling of the planned construction sites and other matters.
  • Hitachi will continue to contribute to improve social, environmental and economic value and people's quality of life through its Social Innovation Business, including the energy business.

Westinghouse, TVO And OKG Sign Key Competencies Cooperation Agreement

Monday, June 15, 2020 - 8:00am

"We appreciate the continued trust shown by TVO and OKG in our ability to support the operation of their BWR units for safe and cost-effective long-term operation."

Key Points: 
  • "We appreciate the continued trust shown by TVO and OKG in our ability to support the operation of their BWR units for safe and cost-effective long-term operation."
  • This agreement creates a privileged partnership for securing the critical competencies needed for the safe and efficient long-term operation of Olkiluoto units 1 and 2 and Oskarshamn unit 3.
  • "OKG is pleased to enter into this cooperation agreement to preserve and further develop the competencies within the Nordic nuclear business and promote the safe and long-term operations of our BWRs.
  • It will allow us to develop and maintain our reactors in order to meet future challenges," said Jan Karjalainen, acting CEO at OKG.

Westinghouse, TVO And OKG Sign Key Competencies Cooperation Agreement

Monday, June 15, 2020 - 8:00am

"We appreciate the continued trust shown by TVO and OKG in our ability to support the operation of their BWR units for safe and cost-effective long-term operation."

Key Points: 
  • "We appreciate the continued trust shown by TVO and OKG in our ability to support the operation of their BWR units for safe and cost-effective long-term operation."
  • This agreement creates a privileged partnership for securing the critical competencies needed for the safe and efficient long-term operation of Olkiluoto units 1 and 2 and Oskarshamn unit 3.
  • "OKG is pleased to enter into this cooperation agreement to preserve and further develop the competencies within the Nordic nuclear business and promote the safe and long-term operations of our BWRs.
  • It will allow us to develop and maintain our reactors in order to meet future challenges," said Jan Karjalainen, acting CEO at OKG.

Westinghouse Signs Long-Term Contract With TVO To Support Long Term Operation Of BWR Reactors

Monday, March 9, 2020 - 10:00am

"Westinghouse is excited for the opportunity to continue our strong partnership with such a key customer," said Patrick Fragman, Westinghouse president and chief executive officer.

Key Points: 
  • "Westinghouse is excited for the opportunity to continue our strong partnership with such a key customer," said Patrick Fragman, Westinghouse president and chief executive officer.
  • "Our teams are committed to delivering quality products and services, and we appreciate the continued trust shown by TVO in our ability to support the operation of their BWR units for long-term operation."
  • "The CR 99+ control rods are a key component to support the effective and reliable operation of our plants."
  • This contract complements the long-term BWR fuel agreement between TVO and Westinghouse announced in October 2019, where Westinghouse's TRITON11 fuel design will be implemented in the same reactors during a similar timeframe.

General Atomics and Framatome Join Forces on Nuclear Reactor Channel Boxes

Thursday, February 20, 2020 - 7:49pm

San Diego, Feb. 20, 2020 (GLOBE NEWSWIRE) -- General Atomics (GA) and Framatome are working together to develop nuclear reactor channel boxes fabricated from GAs SiGA silicon-carbide composite.

Key Points: 
  • San Diego, Feb. 20, 2020 (GLOBE NEWSWIRE) -- General Atomics (GA) and Framatome are working together to develop nuclear reactor channel boxes fabricated from GAs SiGA silicon-carbide composite.
  • Channel boxes are used in boiling light-water reactors (BWRs), which represent one-third of the U.S. reactor fleet.
  • Funding for the collaboration comes to General Atomics through Framatome via the Department of Energy Office of Nuclear Energy Accident Tolerant Fuel Program.
  • About General Atomics: General Atomics pioneers technologies with the potential to change the world.

BCW and Legendary Entertainment Firm BWR Launch New Suite of Entertainment Offerings

Tuesday, August 13, 2019 - 8:00pm

BCW (Burson Cohn & Wolfe), a leading global communications agency, today announced the introduction of BCW Entertainment, a new suite of entertainment offerings designed to move people and build brands through pop culture.

Key Points: 
  • BCW (Burson Cohn & Wolfe), a leading global communications agency, today announced the introduction of BCW Entertainment, a new suite of entertainment offerings designed to move people and build brands through pop culture.
  • BCW Entertainment is powered by Beverly Hills-based BWR, a leading entertainment firm and member of BCW Group that has honed its expertise over the past four decades.
  • When combining the specialized expertise of BWR with the data, content and creative power of BCW, we will deliver an unparalleled entertainment offering for our clients.
  • BCW Entertainment will be led by veteran entertainment industry leader Eric Green, who is being promoted to president of BWR, effective immediately.

Nuclear Power Plant and Equipment Market to Reach $49.04 Bn, Globally, By 2025 At 3.7% CAGR, Says AMR

Friday, October 5, 2018 - 11:30am

Allied Market Research recently published a report, titled, Nuclear Power Plant And Equipment Market by Reactor Type (PWR, PHWR, BWR, HTGR, FBR, and Others) and Equipment Type (Island Equipment and Auxiliary Equipment): Global Opportunity Analysis and Industry Forecast, 2018-2025.

Key Points: 
  • Allied Market Research recently published a report, titled, Nuclear Power Plant And Equipment Market by Reactor Type (PWR, PHWR, BWR, HTGR, FBR, and Others) and Equipment Type (Island Equipment and Auxiliary Equipment): Global Opportunity Analysis and Industry Forecast, 2018-2025.
  • The report offers an in-depth analysis of the global nuclear power plant and equipment market by monitoring the current market trends; dynamic factors such as drivers, restraints, and opportunities; market landscape; market player positioning; and top investment pockets.
  • As per the report, the global nuclear power plant and equipment market was pegged at $36.48 billion in 2017 and is expected to reach $49.04 billion by 2025, registering a CAGR of 3.7% from 2018 to 2025.
  • Increased demand for nuclear power plants in developing countries and rise in need to produce clean energy have boosted the growth of the global nuclear power plant and equipment market.