[I find this story ironic, as there were so few nuclear jobs when I entered the profession in the late 1980s.]
http://www.rec-con.co.uk/article.php/News/Nuclear_sector_glows/2557
Engineers in recession stricken industries are being urged to consider transferring their skills to the nuclear sector after the Government unveiled 10 sites to house a new generation of power stations.
Merseyside based Scantec Personnel, says there are now massive opportunities for engineers in the nuclear sector with each new power station expected to create 9,000 jobs in the building process and 1,000 once the plants are up and running.
Adam Spelman, the head of Scantec’s nuclear division, said UK-wide opportunities are also being created by the Government’s multi billion pound decommissioning programme as well as the construction of a new generation of reactors. He said skills in demand included a wide range of engineers, skilled tradesmen and surveyors.
“The recession is wreaking havoc with the jobs market,” s he said. “So the key phrase we are repeating to workers is ‘transferable skills’. Engineers need to understand that their skills are in demand in the nuclear sector and that real long term, well paid opportunities now exist in the nuclear industry. It is important to point out that the nuclear sector is willing to train up staff with core skills. Our advice to workers is talk to a specialist nuclear recruiter like Scantec and find out what opportunities exist for your skills set.”
Wednesday, November 11, 2009
Turkish nuclear tender may not be canceled - Energy Min
http://www.idividi.com.mk/English/World/560848/index.html
Ankara, November 10 (MIA) - A Turkish court has stalled the government's plans to generate nuclear energy by voiding parts of the tender to build its first plant, won by a Russian-led consortium, the TMMOB industrial body said on Tuesday.
Russia's Inter RAO, Atomstroiexport and Turkey's Park Teknik won the tender last year to construct and operate the nuclear plant, but the consortium has been in protracted negotiations with the government over electricity pricing.
"The Council of State has decided to suspend three articles in the tender process," said Mehmet Soganci, chairman of the Union of Chambers of Turkish Engineers and Architects, or TMMOB, which brought the case against the tender.
The tender process, in which the Russian consortium was the only bidder, had been criticised for lack of transparency, media reports say.
"The Council of State has found the nuclear power plant invalid," Soganci said.
It was not clear what the next step in the tender process would be or if there would be an appeal by the government or the consortium.
Turkish Energy Minister Taner Yildiz said it was "too early to say" whether plans to build the country's first nuclear power have been cancelled after a court annulled parts of a government tender.
The site for the plant is near the town of Akkuyu in the eastern Mediterranean. Turkey aims to build at least two more plants, with potential sites near the city of Sinop on the Black Sea, as it seeks to cover a looming electricity shortage and cut dependence on foreign energy imports.
The government wants nuclear energy to meet 20 percent of Turkey's power needs in 20 years.
Turkey and Russia have greatly strengthened their cooperation in energy, and Russia has promised Turkey its participation in several projects, while Russia plans to build a multibillion-dollar pipeline off Turkey's Black Sea coast.
Ankara, November 10 (MIA) - A Turkish court has stalled the government's plans to generate nuclear energy by voiding parts of the tender to build its first plant, won by a Russian-led consortium, the TMMOB industrial body said on Tuesday.
Russia's Inter RAO, Atomstroiexport and Turkey's Park Teknik won the tender last year to construct and operate the nuclear plant, but the consortium has been in protracted negotiations with the government over electricity pricing.
"The Council of State has decided to suspend three articles in the tender process," said Mehmet Soganci, chairman of the Union of Chambers of Turkish Engineers and Architects, or TMMOB, which brought the case against the tender.
The tender process, in which the Russian consortium was the only bidder, had been criticised for lack of transparency, media reports say.
"The Council of State has found the nuclear power plant invalid," Soganci said.
It was not clear what the next step in the tender process would be or if there would be an appeal by the government or the consortium.
Turkish Energy Minister Taner Yildiz said it was "too early to say" whether plans to build the country's first nuclear power have been cancelled after a court annulled parts of a government tender.
The site for the plant is near the town of Akkuyu in the eastern Mediterranean. Turkey aims to build at least two more plants, with potential sites near the city of Sinop on the Black Sea, as it seeks to cover a looming electricity shortage and cut dependence on foreign energy imports.
The government wants nuclear energy to meet 20 percent of Turkey's power needs in 20 years.
Turkey and Russia have greatly strengthened their cooperation in energy, and Russia has promised Turkey its participation in several projects, while Russia plans to build a multibillion-dollar pipeline off Turkey's Black Sea coast.
Monday, November 9, 2009
Kenya plans nuclear plant in next five years: PM
http://www.nuclearpowerdaily.com/reports/Kenya_plans_nuclear_plant_in_next_five_years_PM_999.html
by Staff Writers
Nairobi (AFP) Nov 7, 2009
Kenya hopes to build its first nuclear power plant in the next five years with help from France, Prime Minister Raila Odinga said on Saturday.
"We want to establish a nuclear plant. We want to start with a plant of the average of between 1,000 and 2,000 Megawatts (output) and we are looking at five years from now," Odinga said in an interview with AFP.
Odinga said nuclear power was one option Kenya was considering as it looked for ways to reduce its greenhouse gas emissions.
"We want to begin the cooperation right now so we can begin the training of personnel who will man this plant in the future, and France has offered to cooperate in that scheme of things," he said.
France was more experienced in nuclear power than many other countries, Odinga said, as nearly 80% of the country's energy is nuclear-generated, and Kenya hoped to draw on this expertise.
by Staff Writers
Nairobi (AFP) Nov 7, 2009
Kenya hopes to build its first nuclear power plant in the next five years with help from France, Prime Minister Raila Odinga said on Saturday.
"We want to establish a nuclear plant. We want to start with a plant of the average of between 1,000 and 2,000 Megawatts (output) and we are looking at five years from now," Odinga said in an interview with AFP.
Odinga said nuclear power was one option Kenya was considering as it looked for ways to reduce its greenhouse gas emissions.
"We want to begin the cooperation right now so we can begin the training of personnel who will man this plant in the future, and France has offered to cooperate in that scheme of things," he said.
France was more experienced in nuclear power than many other countries, Odinga said, as nearly 80% of the country's energy is nuclear-generated, and Kenya hoped to draw on this expertise.
Thursday, November 5, 2009
CHINA TO BUILD 3 INLAND NUCLEAR POWER STATIONS
http://www.individual.com/story.php?story=109650224
TIANJIN, Nov 05, 2009 (AsiaPulse via COMTEX) --
The design and first-phase construction of three inland nuclear power stations in China has begun, Wang Binghua, chairman of State Nuclear Power Technology Corp., said Wednesday at 2009 China Power Forum.
The new sites are Xian'ning City in the central Hubei Province,Taohuajiang City in the central Hunan Province and Pengze City in the eastern Jiangxi Province.
China's existing nuclear power stations are sited along the eastern coast.
Building more nuclear power stations is essential to China's endeavor to cope with energy shortage and pollution, said Ye Qizhen, deputy director of the science and technology committee of the China National Nuclear Corporation (CNNC) and member of Chinese Academy of Engineering.
In other countries, most nuclear power stations are sited inland. For example, 65.1 per cent of nuclear power stations are sited inland in France and 75.1 per cent in the United States, Ye said.
China's vast inland areas need nuclear power stations to drive economic growth, especially in regions that lack coal and water resources, Ye said.
A massive power failure in January and February, 2008, caused by blizzards in central and southern China, signaled the risk of power shortage in China's hinterland.
Inland nuclear power stations will enter a phase of mass production and construction in 2013, said Sun Qin, general manager of the CNNC.
The inland nuclear power stations will all adopt the most advanced Westinghouse-designed AP1000 pressurized water reactors to meet the stringent safety and environment standards, Sun added.
China's installed capacity of nuclear power is expected to reach 70 million KW by 2020, 200 million KW by 2030 and 400 million KW by 2050, Ye said.
"It means nuclear power will account for seven per cent of China's overall power capacity in 2020, 15 per cent in 2030 and 22 per cent in 2050." Ye added.
Now China is able to simultaneously design and construct several nuclear power stations and is capable of independent designing of pressurized water reactor nuclear power stations with the capacity of more than one million KW, Ye added.
Currently, China has 11 operating nuclear power generating units with the total capacity of 9.1 million KW, said Zhou Zhenxing, chairman of Uranium Industry Company, a subsidiary of China Guangdong Nuclear Power Holding Corporation.
Another 12 newly approved units under construction have a capacity of 34.76 million KW, Zhou said.
(XIC) rw
TIANJIN, Nov 05, 2009 (AsiaPulse via COMTEX) --
The design and first-phase construction of three inland nuclear power stations in China has begun, Wang Binghua, chairman of State Nuclear Power Technology Corp., said Wednesday at 2009 China Power Forum.
The new sites are Xian'ning City in the central Hubei Province,Taohuajiang City in the central Hunan Province and Pengze City in the eastern Jiangxi Province.
China's existing nuclear power stations are sited along the eastern coast.
Building more nuclear power stations is essential to China's endeavor to cope with energy shortage and pollution, said Ye Qizhen, deputy director of the science and technology committee of the China National Nuclear Corporation (CNNC) and member of Chinese Academy of Engineering.
In other countries, most nuclear power stations are sited inland. For example, 65.1 per cent of nuclear power stations are sited inland in France and 75.1 per cent in the United States, Ye said.
China's vast inland areas need nuclear power stations to drive economic growth, especially in regions that lack coal and water resources, Ye said.
A massive power failure in January and February, 2008, caused by blizzards in central and southern China, signaled the risk of power shortage in China's hinterland.
Inland nuclear power stations will enter a phase of mass production and construction in 2013, said Sun Qin, general manager of the CNNC.
The inland nuclear power stations will all adopt the most advanced Westinghouse-designed AP1000 pressurized water reactors to meet the stringent safety and environment standards, Sun added.
China's installed capacity of nuclear power is expected to reach 70 million KW by 2020, 200 million KW by 2030 and 400 million KW by 2050, Ye said.
"It means nuclear power will account for seven per cent of China's overall power capacity in 2020, 15 per cent in 2030 and 22 per cent in 2050." Ye added.
Now China is able to simultaneously design and construct several nuclear power stations and is capable of independent designing of pressurized water reactor nuclear power stations with the capacity of more than one million KW, Ye added.
Currently, China has 11 operating nuclear power generating units with the total capacity of 9.1 million KW, said Zhou Zhenxing, chairman of Uranium Industry Company, a subsidiary of China Guangdong Nuclear Power Holding Corporation.
Another 12 newly approved units under construction have a capacity of 34.76 million KW, Zhou said.
(XIC) rw
France pledges help in developing Polish nuclear power plants
http://www.sfexaminer.com/economy/ap/69279792.html
By: DEBORAH SEWARD
Associated Press
11/05/09 7:00 AM PST PARIS — France pledged Thursday to help Poland develop nuclear power plants and deepen cooperation on energy policy, a move which could help Poland lessen its dependence on natural gas from Russia.
Poland will send scientists to France for training starting this fall, while France will provide Poland with technical assistance and the two countries will cooperate in nuclear research and development, a joint statement said.
"We take this very seriously," French President Nicolas Sarkozy told a news conference at the Elysee Palace following his meeting with Polish Prime Minister Donald Tusk. Sarkozy said that France would be Poland's "exclusive" partner in nuclear development, but Tusk later said that Poland's energy policy had to be taken in a European context and that other countries down the road could participate once the projects were better defined.
"The plan is to have Poland's first nuclear power plant around the year 2020 and another one by the mid-20s," Tusk said.
France and Poland also said they want to work on developing convergence in the European gas market in order to "assure the security of (the natural gas) supply in Europe," the declaration said.
French-Polish ties appeared to be improving after several bumpy years, and Sarkozy paid tribute to Poland's stature as one of the "big" EU countries. "It's very easy to work with the Polish prime minister, with the Polish government," Sarkozy said.
On defense matters, the two countries appeared to have made progress in deepening their relations. France long has been wary of the primacy that Poland has put on its transatlantic relations with the United States. The two countries pledged to reinforce European security policy and in a significant new development said they would discuss nuclear dissuasion as well.
"Convinced of its importance, they (Poland and France) decided to open a bilateral dialogue on the role of nuclear dissuasion in the context of current security. Poland is the first country that does not have a nuclear weapon with which we (France) engage in such a dialogue," the summit communique said.
Agriculture, the environment and climate change also were on the agenda.
The two countries also decided to celebrate jointly the "Year of Chopin" in 2010 to celebrate the bicentennial of the pianist's birth and pay tribute to his Polish and French roots. They also announced a wide range of cultural events, including a retrospective on film director Andrzej Wajda and painter and writer Josef Czapski, who died in exile in France.
By: DEBORAH SEWARD
Associated Press
11/05/09 7:00 AM PST PARIS — France pledged Thursday to help Poland develop nuclear power plants and deepen cooperation on energy policy, a move which could help Poland lessen its dependence on natural gas from Russia.
Poland will send scientists to France for training starting this fall, while France will provide Poland with technical assistance and the two countries will cooperate in nuclear research and development, a joint statement said.
"We take this very seriously," French President Nicolas Sarkozy told a news conference at the Elysee Palace following his meeting with Polish Prime Minister Donald Tusk. Sarkozy said that France would be Poland's "exclusive" partner in nuclear development, but Tusk later said that Poland's energy policy had to be taken in a European context and that other countries down the road could participate once the projects were better defined.
"The plan is to have Poland's first nuclear power plant around the year 2020 and another one by the mid-20s," Tusk said.
France and Poland also said they want to work on developing convergence in the European gas market in order to "assure the security of (the natural gas) supply in Europe," the declaration said.
French-Polish ties appeared to be improving after several bumpy years, and Sarkozy paid tribute to Poland's stature as one of the "big" EU countries. "It's very easy to work with the Polish prime minister, with the Polish government," Sarkozy said.
On defense matters, the two countries appeared to have made progress in deepening their relations. France long has been wary of the primacy that Poland has put on its transatlantic relations with the United States. The two countries pledged to reinforce European security policy and in a significant new development said they would discuss nuclear dissuasion as well.
"Convinced of its importance, they (Poland and France) decided to open a bilateral dialogue on the role of nuclear dissuasion in the context of current security. Poland is the first country that does not have a nuclear weapon with which we (France) engage in such a dialogue," the summit communique said.
Agriculture, the environment and climate change also were on the agenda.
The two countries also decided to celebrate jointly the "Year of Chopin" in 2010 to celebrate the bicentennial of the pianist's birth and pay tribute to his Polish and French roots. They also announced a wide range of cultural events, including a retrospective on film director Andrzej Wajda and painter and writer Josef Czapski, who died in exile in France.
Tuesday, November 3, 2009
UAE eyes stakes in nuclear companies
http://pepei.pennnet.com/display_article/370617/6/ARTCL/none/none/1/UAE-eyes-stakes-in-nuclear-companies/
3 November 2009 - The UAE is setting up a new investment vehicle to take stakes in global nuclear companies as it prepares to award a contract to develop the first civilian nuclear plants in the Arab world.
According to the Financial Times, the Emirates Nuclear Energy Corporation is expected to be formally established within weeks. It will oversee the development of the nuclear programme and act as a government investment arm by making strategic investments in the sector, domestically and internationally.
The government hopes an agreement with the US will be finalised shortly, which would allow civilian nuclear trade with the UAE. Similar deals have been reached with France and Korea.
The Gulf state is then expected to award contracts - estimated to be worth about $20bn - for the construction of the first nuclear power plants, which could produce between 4000 MW and 5500 MW of electricity by 2020.
The project is being led and funded by Abu Dhabi , the UAE's capital, which is spending hundreds of billions of dollars to develop the emirate and diversify its economy.
Three different consortia are thought to be competing for the nuclear contract. These include one led by France's Areva, another headed by General Electric of the US and a South Korean team that includes Korea Electric Power Corporation and Hyundai Engineering & Construction.
Areva has already been talking with Middle East investors about the possibility of selling a minority stake.
Abu Dhabi's Mubadala, a state investment vehicle, last year announced a target of becoming a top 10 investor in GE, with which it has also agreed to an $8bn joint venture to set up a commercial finance entity in Abu Dhabi modelled on GE Capital.
3 November 2009 - The UAE is setting up a new investment vehicle to take stakes in global nuclear companies as it prepares to award a contract to develop the first civilian nuclear plants in the Arab world.
According to the Financial Times, the Emirates Nuclear Energy Corporation is expected to be formally established within weeks. It will oversee the development of the nuclear programme and act as a government investment arm by making strategic investments in the sector, domestically and internationally.
The government hopes an agreement with the US will be finalised shortly, which would allow civilian nuclear trade with the UAE. Similar deals have been reached with France and Korea.
The Gulf state is then expected to award contracts - estimated to be worth about $20bn - for the construction of the first nuclear power plants, which could produce between 4000 MW and 5500 MW of electricity by 2020.
The project is being led and funded by Abu Dhabi , the UAE's capital, which is spending hundreds of billions of dollars to develop the emirate and diversify its economy.
Three different consortia are thought to be competing for the nuclear contract. These include one led by France's Areva, another headed by General Electric of the US and a South Korean team that includes Korea Electric Power Corporation and Hyundai Engineering & Construction.
Areva has already been talking with Middle East investors about the possibility of selling a minority stake.
Abu Dhabi's Mubadala, a state investment vehicle, last year announced a target of becoming a top 10 investor in GE, with which it has also agreed to an $8bn joint venture to set up a commercial finance entity in Abu Dhabi modelled on GE Capital.
safety concerns may delay third-generation nuclear reactor
[For those who do not follow the industry, digital I&C has been a focus item for nuclear regulators. There are several articles in the industry press on the conversion to digital in the US nuclear plants.]
http://www.topnews.in/safety-concerns-may-delay-thirdgeneration-nuclear-reactor-2231872
Paris - Nuclear safety authorities in France, Britain and Finland have issued a joint statement questioning the reliability of the new European Pressurized Reactor (EPR) currently being developed, the daily Les Echos reported Tuesday.
The statement raises concern over the reactor's command-control software which regulates its daily running and shuts it down in case of an incident. In its current state, the software cannot guarantee the necessary safety requirements, the report noted.
Potentially more problematic, the French nucear saftey authority ASN demanded that the French utilty EDF draw up an alternative plan for the EPR it will be running in the western French city of Flamanville.
According to Marcial Jorel, director of nuclear reactor safety at the Institute of Nuclear Safety and Radioprotection, "Either EDF takes our recommendations into account, or it must develop a new system, which will take years."
According to Les Echos, the Olkiluoto EPR nuclear power plant in Finland, which has already been delayed for three years and is scheduled to go online in 2012, may suffer an additional six-month delay because of the command-control problem.
French nuclear manufacturer Areva, which is building the Olkiluoto reactor, must now provide changes to its software and additional information by June of next year.
Both Areva and EDF said the concerns presented no unsurmountable problems.
"This is a process of step-by-step validation that is typical for projects of this kind. We have sufficient time to respond to the demands," Claude Jaouen, head of Areva's reactor division, told Les Echos.
However, the environmental group Greenpeace said the safety concerns expressed by the three authorities cast doubt over the entire industry.
"The nuclear industry is clearly showing its inability to manage the dangerous substances it manipulates and the waste it generates," Yannick Rousselet of Greenpeace France said Tuesday. "It is intolerable that the nuclear companies EDF and Areva continue their activities with impunity." (dpa)
http://www.topnews.in/safety-concerns-may-delay-thirdgeneration-nuclear-reactor-2231872
Paris - Nuclear safety authorities in France, Britain and Finland have issued a joint statement questioning the reliability of the new European Pressurized Reactor (EPR) currently being developed, the daily Les Echos reported Tuesday.
The statement raises concern over the reactor's command-control software which regulates its daily running and shuts it down in case of an incident. In its current state, the software cannot guarantee the necessary safety requirements, the report noted.
Potentially more problematic, the French nucear saftey authority ASN demanded that the French utilty EDF draw up an alternative plan for the EPR it will be running in the western French city of Flamanville.
According to Marcial Jorel, director of nuclear reactor safety at the Institute of Nuclear Safety and Radioprotection, "Either EDF takes our recommendations into account, or it must develop a new system, which will take years."
According to Les Echos, the Olkiluoto EPR nuclear power plant in Finland, which has already been delayed for three years and is scheduled to go online in 2012, may suffer an additional six-month delay because of the command-control problem.
French nuclear manufacturer Areva, which is building the Olkiluoto reactor, must now provide changes to its software and additional information by June of next year.
Both Areva and EDF said the concerns presented no unsurmountable problems.
"This is a process of step-by-step validation that is typical for projects of this kind. We have sufficient time to respond to the demands," Claude Jaouen, head of Areva's reactor division, told Les Echos.
However, the environmental group Greenpeace said the safety concerns expressed by the three authorities cast doubt over the entire industry.
"The nuclear industry is clearly showing its inability to manage the dangerous substances it manipulates and the waste it generates," Yannick Rousselet of Greenpeace France said Tuesday. "It is intolerable that the nuclear companies EDF and Areva continue their activities with impunity." (dpa)
Monday, September 14, 2009
UAE delays 41 bln dlr nuclear plants contract: report
http://www.zawya.com/story.cfm/sidANA20090914T075134ZCFJ39
DUBAI, Sep 14, 2009 (AFP) - The UAE has delayed awarding a 41 billion dollar contract to build nuclear power plants saying that the decision between the three rival bidders was too close to call, an Abu Dhabi daily said Monday.
"What happened ultimately was some of the bids were so close in some areas, we decided to proceed with all three," a senior government official told The National. "It will mean a slightly longer period of negotiations."
The decision on the contract, which was due to be awarded this Wednesday, will not come out until the end of the month, the newspaper reported, citing an unidentified diplomat.
A French group led by Areva, Electricite de France, GDF Suez and Total is competing against a Japanese-American alliance of Hitachi and General Electric, and a Korean-American consortium comprising Korea Electric Power, Samsung, Hyundai and US firm Westinghouse.
The Arab world's second-largest economy, the United Arab Emirates is seeking to reduce its dependence on hydrocarbons for power generation and to boost its image as an environmentally friendly country.
US President Barack Obama approved a civilian nuclear deal with the UAE in May.
DUBAI, Sep 14, 2009 (AFP) - The UAE has delayed awarding a 41 billion dollar contract to build nuclear power plants saying that the decision between the three rival bidders was too close to call, an Abu Dhabi daily said Monday.
"What happened ultimately was some of the bids were so close in some areas, we decided to proceed with all three," a senior government official told The National. "It will mean a slightly longer period of negotiations."
The decision on the contract, which was due to be awarded this Wednesday, will not come out until the end of the month, the newspaper reported, citing an unidentified diplomat.
A French group led by Areva, Electricite de France, GDF Suez and Total is competing against a Japanese-American alliance of Hitachi and General Electric, and a Korean-American consortium comprising Korea Electric Power, Samsung, Hyundai and US firm Westinghouse.
The Arab world's second-largest economy, the United Arab Emirates is seeking to reduce its dependence on hydrocarbons for power generation and to boost its image as an environmentally friendly country.
US President Barack Obama approved a civilian nuclear deal with the UAE in May.
Thursday, September 10, 2009
US Sen Boxer: Climate Bill To Include Nuclear-Power Measure
http://news.morningstar.com/newsnet/ViewNews.aspx?article=/DJ/200909091614DOWJONESDJONLINE000631_univ.xml
9-9-09 4:14 PM EDT | E-mail Article | Print ArticleWASHINGTON -(Dow Jones)- In a sign that compromise on energy and climate legislation is already underway, a top Senate negotiator said that she will include a measure on nuclear power in a developing bill, something that Republicans have demanded.
U.S. Senate Environment and Public Works Committee Chairman Barbara Boxer, D- Calif., who will be writing key parts of the climate bill, told reporters on Wednesday that "there will be a nuclear title in the bill." She had previously resisted any efforts to encourage nuclear power, saying before an August recess that nuclear power would already gain an advantage if the U.S. mandated reductions in greenhouse-gas emissions.
Republicans have encouraged nuclear power as a solution to climate change, saying that the near-zero emissions power plants are more reliable than renewable energy. Nuclear power is anathema to some environmentalists, partly amid concerns about how to dispose of nuclear waste.
-By Siobhan Hughes, Dow Jones Newswires; 202-862-6654; Siobhan.Hughes@ dowjones.com
9-9-09 4:14 PM EDT | E-mail Article | Print ArticleWASHINGTON -(Dow Jones)- In a sign that compromise on energy and climate legislation is already underway, a top Senate negotiator said that she will include a measure on nuclear power in a developing bill, something that Republicans have demanded.
U.S. Senate Environment and Public Works Committee Chairman Barbara Boxer, D- Calif., who will be writing key parts of the climate bill, told reporters on Wednesday that "there will be a nuclear title in the bill." She had previously resisted any efforts to encourage nuclear power, saying before an August recess that nuclear power would already gain an advantage if the U.S. mandated reductions in greenhouse-gas emissions.
Republicans have encouraged nuclear power as a solution to climate change, saying that the near-zero emissions power plants are more reliable than renewable energy. Nuclear power is anathema to some environmentalists, partly amid concerns about how to dispose of nuclear waste.
-By Siobhan Hughes, Dow Jones Newswires; 202-862-6654; Siobhan.Hughes@ dowjones.com
Tuesday, September 8, 2009
China to Build More Nuclear Plants, Japan Steel Says
[A quick note that the AP-1000 reactors under construction in China will NOT have their vessels fabricated at JSW. News reports are that these vessels will be made by Doosan and then by the Chinese following technology transfer.]
http://www.bloomberg.com/apps/news?pid=20601101&sid=a7znRB.NvVmo
By Masumi Suga and Shunichi Ozasa
Sept. 7 (Bloomberg) -- Japan Steel Works Ltd., a maker of atomic reactor parts for Areva SA and Toshiba Corp., more than doubled its forecast for China’s nuclear plant construction because of stimulus spending and environmental pressures.
The country may build about 22 reactors in the five years ending 2010 and 132 units thereafter, compared with a company estimate last year for a total 60 reactors, President Ikuo Sato said in an interview. Japan Steel Works has the only plant that makes the central part of a large-size nuclear reactor’s containment vessel in a single piece, reducing radiation risk.
China, the world’s largest energy consumer after the U.S., is increasing spending on atomic energy as part of a 4 trillion yuan ($586 billion) economic stimulus and as it curbs greenhouse gas emissions. Japan Steel Works is counting on the rising reactor demand as the global recession curbs sales to customers such as carmakers and electronics companies.
“The potential for investment in nuclear power is huge,” said Shi Yan, an analyst at UOB-Kay Hian Ltd. in Shanghai. “Only a small number of companies in China have the right to develop nuclear power projects, but the country is open to foreign companies to help build reactors and to provide equipment.”
Japan Steel Works, which has lost 4.6 percent of its value this year, climbed 8.2 percent to 1,174 yen on the Tokyo Stock Exchange. The Nikkei 225 Stock Average rose 1.3 percent.
China became the world’s largest emitter of greenhouse gasses from burning oil and coal in 2006, followed by the U.S., Russia, India and Japan, according to U.S. Department of Energy data compiled by Bloomberg News.
Business Talks
“China, which had increased construction of coal-fired power plants, is now trying to focus on nuclear power because of the environmental issue,” Sato, 60, who took office in June, said in the Aug. 31 interview in Tokyo. “China is accelerating nuclear spending, and additional business talks are coming up.”
The country has 9,100 megawatts of nuclear capacity and has approved the construction of additional reactors able to generate 25,400 megawatts, Sun Qin, then-deputy head of the National Energy Administration, said last month. China will issue a plan by the end of the year to push development of clean energy sources such as nuclear, wind, solar and hydro power.
The average time it took to build China’s first 10 nuclear reactors was 6.3 years, according to a report commissioned by the German environment ministry.
Gross domestic product in China expanded 7.9 percent in the second quarter as the economy rebounded from the weakest growth in almost a decade, boosted by stimulus spending.
“Similar to road and railway construction, nuclear energy is also part of China’s plans for a recovery after the economy slowed,” Sato said.
Global Increase
Globally, a total of 52 nuclear reactors were under construction as of Jan. 1, according to the Japan Atomic Industrial Forum Inc. Last year was the first time in the history of commercial nuclear power that no new reactors came into operation, according to International Atomic Energy Agency figures. Some 33 new plants came online in 1984 and that number has declined almost every year since.
Japan Steel Works is spending 80 billion yen ($864 million) at its Muroran plant in the country’s northern island of Hokkaido by March 2012 to increase capacity to make parts for 12 nuclear reactors a year, compared with 5.5 units now, the president said.
The investment will increase annual sales from Japan Steel Works’ cast and forged steel for electric and nuclear power to 70 billion yen from the year starting April 2012, up from 45.5 billion yen expected for the current year, Sato said.
To contact the reporters on this story: Masumi Suga in Tokyo at msuga@bloomberg.net; Shunichi Ozasa in Tokyo at sozasa@bloomberg.net.
Last Updated: September 7, 2009 08:39 EDT
http://www.bloomberg.com/apps/news?pid=20601101&sid=a7znRB.NvVmo
By Masumi Suga and Shunichi Ozasa
Sept. 7 (Bloomberg) -- Japan Steel Works Ltd., a maker of atomic reactor parts for Areva SA and Toshiba Corp., more than doubled its forecast for China’s nuclear plant construction because of stimulus spending and environmental pressures.
The country may build about 22 reactors in the five years ending 2010 and 132 units thereafter, compared with a company estimate last year for a total 60 reactors, President Ikuo Sato said in an interview. Japan Steel Works has the only plant that makes the central part of a large-size nuclear reactor’s containment vessel in a single piece, reducing radiation risk.
China, the world’s largest energy consumer after the U.S., is increasing spending on atomic energy as part of a 4 trillion yuan ($586 billion) economic stimulus and as it curbs greenhouse gas emissions. Japan Steel Works is counting on the rising reactor demand as the global recession curbs sales to customers such as carmakers and electronics companies.
“The potential for investment in nuclear power is huge,” said Shi Yan, an analyst at UOB-Kay Hian Ltd. in Shanghai. “Only a small number of companies in China have the right to develop nuclear power projects, but the country is open to foreign companies to help build reactors and to provide equipment.”
Japan Steel Works, which has lost 4.6 percent of its value this year, climbed 8.2 percent to 1,174 yen on the Tokyo Stock Exchange. The Nikkei 225 Stock Average rose 1.3 percent.
China became the world’s largest emitter of greenhouse gasses from burning oil and coal in 2006, followed by the U.S., Russia, India and Japan, according to U.S. Department of Energy data compiled by Bloomberg News.
Business Talks
“China, which had increased construction of coal-fired power plants, is now trying to focus on nuclear power because of the environmental issue,” Sato, 60, who took office in June, said in the Aug. 31 interview in Tokyo. “China is accelerating nuclear spending, and additional business talks are coming up.”
The country has 9,100 megawatts of nuclear capacity and has approved the construction of additional reactors able to generate 25,400 megawatts, Sun Qin, then-deputy head of the National Energy Administration, said last month. China will issue a plan by the end of the year to push development of clean energy sources such as nuclear, wind, solar and hydro power.
The average time it took to build China’s first 10 nuclear reactors was 6.3 years, according to a report commissioned by the German environment ministry.
Gross domestic product in China expanded 7.9 percent in the second quarter as the economy rebounded from the weakest growth in almost a decade, boosted by stimulus spending.
“Similar to road and railway construction, nuclear energy is also part of China’s plans for a recovery after the economy slowed,” Sato said.
Global Increase
Globally, a total of 52 nuclear reactors were under construction as of Jan. 1, according to the Japan Atomic Industrial Forum Inc. Last year was the first time in the history of commercial nuclear power that no new reactors came into operation, according to International Atomic Energy Agency figures. Some 33 new plants came online in 1984 and that number has declined almost every year since.
Japan Steel Works is spending 80 billion yen ($864 million) at its Muroran plant in the country’s northern island of Hokkaido by March 2012 to increase capacity to make parts for 12 nuclear reactors a year, compared with 5.5 units now, the president said.
The investment will increase annual sales from Japan Steel Works’ cast and forged steel for electric and nuclear power to 70 billion yen from the year starting April 2012, up from 45.5 billion yen expected for the current year, Sato said.
To contact the reporters on this story: Masumi Suga in Tokyo at msuga@bloomberg.net; Shunichi Ozasa in Tokyo at sozasa@bloomberg.net.
Last Updated: September 7, 2009 08:39 EDT
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