Nuclear Energy News

The time is right for a major change in world attitudes to energy - and the world cannot afford to wait before embarking on building hundreds of new nuclear reactors.

Exelon Corp., the largest U.S. owner of nuclear-power plants, said it will buy back as much as $1.5 billion of its stock. The repurchases will probably be completed in the next six months, Chicago-based Exelon said today in a statement.

LONDON -(Dow Jones)- Westinghouse Electric Company, a unit of Toshiba Corp., Thursday signed agreements with BAE Systems PLC, Rolls-Royce Group PLC and Doosan Babcock to work together on bringing its AP1000 nuclear power plant to the U.K.

Eskom's proposed R14,5-billion pebble bed nuclear reactor, touted as "meltdown proof", cannot get certification in the United States in its current form because it does not meet safety requirements there.

When some people refer to Utah as a "national treasure," it's not for the state's picturesque deserts or breathtaking mountains but because of a mile-square disposal site in Tooele County for much of the nation's radioactive waste. Without it, rail cars of low-level radioactive waste would have nowhere to go. That kind of notoriety is making the Utah public and policymakers uneasy, a state regulator said Wednesday.

The impact on the water supply and global warming are among the issues an environmental group has raised over plans for Duke Power's proposed William States Lee III nuclear generating station near Gaffney.

The battle over British Energy could reach a crucial stage this weekend as one of its main shareholders holds key meetings that could help decide the future of the nuclear power generation group.

Nuclear supplier nations began a two-day meeting in Vienna on Thursday to try and hammer out consensus on lifting a 34-year-old embargo on nuclear trade with India.

Spain's nuclear watchdog told plants on Wednesday that renewing their operating permits would depend on how they implemented tighter safety procedures spurred by a rash of unscheduled stoppages.

Exelon Corp asked the U.S. Nuclear Regulatory Commission on Wednesday for a license to build and operate two nuclear power reactors in southeast Texas, the company said.

A new study has found executives of a Florida utility gave Gov. Jim Doyle almost $24,000 weeks before Doyle softened his stance against nuclear power.

ATLANTA-- The Georgia Public Service Commission (Commission) today set the schedule for public hearings and a decision on the Georgia Power Company filing seeking certification of two new nuclear power generation units at Plant Vogtle in southeast Georgia and updates to its 2007 Integrated Resources Plan.

SAO PAULO, Brazil : Brazil is studying the creation of an independent nuclear watchdog agency as it expands uranium enrichment, builds more reactors and develops a nuclear-propelled submarine.

NEW YORK, NY -- Opponents of the Indian Point nuclear power plant have succeeded in delaying a decision on whether to re-license the plant, which is about 35 miles north of New York City.

As a result of an evaluation that has been underway since late last year, TVA's Nuclear Power Group (NPG) discontinue the use of security-contract services and will assume all aspects of nuclear-security functions during fiscal year 2009, officials said.

Nuclear energy is a unavoidablea and energy companies should go ahead and apply for licences to build new nuclear power plants in the Netherlands, according to the leader of the parliamentary Christian Democrat party Pieter van Geel.

The Tokyo High Court is expected to propose shutdown of two reactors operated by Chubu Electric Power Co. at the Hamaoka Nuclear Power Plant until their safety is confirmed as part of a settlement plan, sources involved in the case said. The plant is located in an area where a powerful earthquake is feared to strike.

If the Nuclear Regulatory Commission goes ahead with the issuance of a license renewal approval for the Vermont Yankee nuclear power plant it ought to make sure its aging management plan is up to snuff, according to a document filed by the New England Coalition on Nuclear Pollution.

Bulgaria will begin construction Wednesday on its new EUR4.0-billion nuclear power plant near the northern town of Belene, the government announced Monday.

Limits on the use of rainwater and garden produce have been relaxed somewhat at Fleurus, Belgium, as more information about the radioactive emission emerges.