Energoatom

Westinghouse Organizes VVER Fuel Forum with Customers

Retrieved on: 
Thursday, February 22, 2024

Westinghouse organized the 5th annual VVER Fuel Forum in Bratislava with representatives from six utilities.

Key Points: 
  • Westinghouse organized the 5th annual VVER Fuel Forum in Bratislava with representatives from six utilities.
  • Westinghouse offered detailed briefings on fuel licensing, NOVA E-6 design enhancements, fabrication plant upgrades, delivery and operations.
  • As the leader of the European Union-funded APIS project (Accelerated Program for Implementation of secure VVER fuel Supply), Westinghouse also presented additional information on next-generation fuel design development and a harmonized approach for VVER fuel licensing.
  • Learn more about our advanced fuel capabilities and how they relate to different reactors around the world: Westinghouse Nuclear > Nuclear Fuel .

Cameco Announces Third Quarter Results; Tier-One Transition Continues to Drive Gross Profit Improvement; Amplified Security of Supply Concerns Benefit Full-Year Revenue Outlook; Decade-High Industry Contracting Volume Achieved; Dividend Declared

Retrieved on: 
Tuesday, October 31, 2023

In the short term, supply chain issues and inflation risks are causing production challenges for current operators.

Key Points: 
  • In the short term, supply chain issues and inflation risks are causing production challenges for current operators.
  • Compared to previous price cycles, the market does not have the inventory or secondary supplies to absorb market shocks.
  • This conference of government and industry leaders met with the intention of building leadership and cooperation in nuclear energy.
  • The transition to a clean and secure energy world is our imperative and I look forward to helping this transition with Cameco,” said Dominic Kieran.

Westinghouse Delivers First VVER-440 Fuel Assemblies to Energoatom

Retrieved on: 
Tuesday, September 12, 2023

Westinghouse Electric Company announced that it delivered its first reload batch of VVER-440 fuel assemblies to Energoatom, the state-owned nuclear utility of Ukraine.

Key Points: 
  • Westinghouse Electric Company announced that it delivered its first reload batch of VVER-440 fuel assemblies to Energoatom, the state-owned nuclear utility of Ukraine.
  • Ukrainian Minister of Energy German Galushchenko, Swedish Ambassador to Ukraine Martin Åberg, Energoatom and Westinghouse leadership witnessed the fuel load into the reactor core at Rivne NPP.
  • View the full release here: https://www.businesswire.com/news/home/20230912178816/en/
    Leaders with the Ukrainian government, Energoatom and Westinghouse gathered Sunday for the fuel load at Rivne Nuclear Power Plant in northern Ukraine.
  • This delivery strengthens the strategic partnership between Westinghouse and Energoatom that includes supplying all VVER nuclear fuel for the country’s operating reactor fleet and collaborating on the deployment of nine new AP1000® reactors in Ukraine.

Westinghouse and Ukraine’s Energoatom Pursuing Deployment of AP300™ Small Modular Reactor to Meet Climate, Energy Security Goals

Retrieved on: 
Tuesday, September 12, 2023

Westinghouse Electric Company and Energoatom, the state-owned nuclear utility of Ukraine, signed a Memorandum of Understanding for the development and deployment of the AP300™ Small Modular Reactor (SMR).

Key Points: 
  • Westinghouse Electric Company and Energoatom, the state-owned nuclear utility of Ukraine, signed a Memorandum of Understanding for the development and deployment of the AP300™ Small Modular Reactor (SMR).
  • The Minister of Energy of Ukraine German Galushchenko emphasized that the technology of small modular reactors is very promising for Ukraine, especially in terms of implementation of the national Energy Strategy until 2050.
  • “Energoatom keeps working on new projects of advanced nuclear technologies, on which the energy security of Ukraine depends on in this challenging time.
  • “Westinghouse is pleased to support the Ukrainian people and Energoatom with clean, reliable and secure energy,” said Patrick Fragman, President and CEO of Westinghouse.

Westinghouse Strengthens Nuclear Safety in Ukraine with Advanced Cooling System Upgrades at Energoatom’s VVER-440 Reactors

Retrieved on: 
Tuesday, June 13, 2023

The cooling systems will greatly improve safety margins at the site by ensuring stable heat removal and effective containment depressurization in the case of an accident.

Key Points: 
  • The cooling systems will greatly improve safety margins at the site by ensuring stable heat removal and effective containment depressurization in the case of an accident.
  • This is the first time Westinghouse will deliver Long-Term Containment Cooling Systems (LCCS) to support Severe Accident Management at Russian-designed VVER-440 reactors.
  • Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear and other clean power technologies and services globally.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

Ukrainian Nuclear Workers Chronicle Impact of War in New Book

Retrieved on: 
Thursday, May 11, 2023

The book contains direct testimony of nuclear workers in Ukraine and examines the impact of the Russian war on the personal level and on global and nuclear security.

Key Points: 
  • The book contains direct testimony of nuclear workers in Ukraine and examines the impact of the Russian war on the personal level and on global and nuclear security.
  • "Only thanks to the courage of nuclear workers, who remain loyal to Ukraine, a disaster didn't happen."
  • In the book, individuals share their deeply personal choices - when to seek refuge abroad; whether to continue their work or join the armed forces - and the impact of the war on the nuclear sector.
  • WINS is an international non-governmental organisation committed to building a global community of nuclear security professionals who are willing to work together to strengthen the security of nuclear and other radioactive materials.

Cameco and Energoatom Agree on Commercial Terms to Supply Ukraine’s Full Natural UF6 Needs through 2035

Retrieved on: 
Wednesday, February 8, 2023

Key commercial terms, such as pricing mechanism, volume and tenor, have been agreed to, but the contract is subject to finalization, which is anticipated in the first quarter of 2023.

Key Points: 
  • Key commercial terms, such as pricing mechanism, volume and tenor, have been agreed to, but the contract is subject to finalization, which is anticipated in the first quarter of 2023.
  • “Energoatom will keep working on achieving the energy independence of Ukraine.
  • Commercial arrangements between Cameco and Energoatom began modestly in 2018 and have grown today into a significant strategic partnership.”
    The 12-year agreement will run from 2024 through 2035, with all deliveries in the form of UF6.
  • Financial terms of the contract are confidential and will not be released.

Cameco announces 2022 results; strong market fundamentals captured in record long-term contracting of 80 million pounds uranium and 17 million kgU of conversion services; disciplined return to tier-one run rate with exposure to improving prices

Retrieved on: 
Thursday, February 9, 2023

As a proven, reliable, independent, commercial supplier of nuclear fuels, Cameco is positioned to benefit from these fundamentals.

Key Points: 
  • As a proven, reliable, independent, commercial supplier of nuclear fuels, Cameco is positioned to benefit from these fundamentals.
  • In 2022, we were successful in contracting 80 million pounds of uranium and 17 million kgU of conversion services, with a record number of contracts signed in a market that has strengthened and is in durable growth mode.
  • “We continue to believe that Cameco remains the best way to invest in the recovery of the uranium market.
  • “We have had success capturing the improving market fundamentals with a record number of contracts signed.

Energoatom and Westinghouse Launch U.S. Internships for Nuclear Energy Professionals

Retrieved on: 
Wednesday, August 3, 2022

Westinghouse Electric Company and SE NNEGC Energoatom announced today a partnership to offer immersive internships and development opportunities for 60 Ukrainian nuclear energy professionals and graduate-level students.

Key Points: 
  • Westinghouse Electric Company and SE NNEGC Energoatom announced today a partnership to offer immersive internships and development opportunities for 60 Ukrainian nuclear energy professionals and graduate-level students.
  • The Westinghouse training program will provide a unique experience to Ukrainian professionals and university students for advancement within the nuclear energy industry as we begin implementing AP1000 plant projects across Ukraine, said David Durham, President Energy Systems at Westinghouse.
  • Opening our world class facilities to Ukraines current and future nuclear professionals reinforces the strong partnership Westinghouse has with Energoatom and Ukraine.
  • In June 2022, Westinghouse and Energoatom expanded agreements for Westinghouse to supply all nuclear fuel for the Energoatom operating fleet in Ukraine and to build nine AP1000 plants across the country.

Energoatom and Westinghouse Begin AP1000® Plant License Process in Ukraine

Retrieved on: 
Monday, July 11, 2022

In the agreement, Westinghouse will provide AP1000 plant technical information in support of Energoatoms feasibility study update for the construction of two AP1000 reactors at the Khmelnytskyi Nuclear Power Plant (NPP) in Ukraine.

Key Points: 
  • In the agreement, Westinghouse will provide AP1000 plant technical information in support of Energoatoms feasibility study update for the construction of two AP1000 reactors at the Khmelnytskyi Nuclear Power Plant (NPP) in Ukraine.
  • The effort advances the previously signed agreement between Westinghouse and Energoatom to construct AP1000 plants at Khmelnystskyi NPP units 5 and 6, commence the licensing process, and further develop Ukraines clean energy initiatives.
  • We stand ready to provide our AP1000 plant technology and equipment in Ukraine and are continually inspired by our strategic partners unwavering determination and resilience.
  • In June 2022, Westinghouse and Energoatom expanded agreements for Westinghouse to supply all nuclear fuel for the Energoatom operating fleet in Ukraine and to build nine AP1000 plants across the country.