The company contracted to build Scana Corp.’s two nuclear reactors in South Carolina went bankrupt. Scana’s credits ratings are, as a result, at risk of downgrades. Its shares have plunged.
As Southern Co. opens a review of its troubled nuclear reactors following a bankruptcy filing by contractor Westinghouse Electric Co., the Trump administration has 8.3 billion reasons to be worried.
Energy giant EDF has revealed details of the progress in building the first new nuclear power station in a generation, including a sea wall, accommodation for workers and tunnels to carry cabling and pipes.
The Government is being urged to give reassurances about a planned nuclear power station in the UK after Toshiba’s nuclear unit, Westinghouse, filed for bankruptcy protection.
The German head of one of the UK’s top nuclear companies is counseling Prime Minister Theresa May’s government on what needs to be done to protect a global hub for the industry from Brexit.
EON SE, Germany’s biggest renewable energy producer, raised about 1.35 billion euros ($1.45 billion) through a share offering that’ll help it reduce debt and pay for nuclear waste storage.
It is fair to say that the UK is already world-leading in some aspects of nuclear power, like regulation, decommissioning and fusion research. The nuclear industrial strategy offers an opportunity to build on these foundations and return the UK to the top table internationally.
The United States has rejected China’s proposal for a halt to joint US-South Korean military exercises if North Korea suspends its nuclear and missile activities.
China has proposed that North Korea suspend its nuclear and missile activities in exchange for a halt in joint military drills conducted by the US and South Korea.
The European Union has given Hungary the green light to build two nuclear reactors with Russian help after Budapest made commitments to safeguard competition in the energy sector.
North Korea has fired four banned ballistic missiles that flew about 620 miles, three landing in Japan’s exclusive economic zone, according to South Korean and Japanese officials.
A Scottish politician has criticised the UK's Office for Nuclear Regulation (ONR) over changes to safety regulations for the Hunterston B power station in Ayrshire.
On February 14 Toshiba announced that it was no longer willing to take construction risk on the Moorside nuclear plants. This puts thousands of new nuclear jobs in the rural Cumbrian constituency at risk -anything but a Valentine's Day gift.
Iran’s foreign minister has brushed aside new pressure from the United States, declaring that his country is “unmoved by threats” but responds well to respect.
Japanese electronics and energy giant Toshiba has said its chairman is resigning to take responsibility for problems that will result in a 713 billion yen (£5 billion) loss in its nuclear business.
Union leaders have demanded clarity over the future of a planned new nuclear power station in the UK after Japanese giant Toshiba asked for a delay in releasing its accounts amid a shares plunge.
Shares in Japanese giant Toshiba tumbled after it postponed an announcement in which it was expected to confirm it is withdrawing from new nuclear projects outside Japan.