The News That Matters about the Nuclear Industry

China marketing nuclear technology etc to Czech Republic

Buy-China-nukes-1China, Czech pledge closer nuclear power, finance cooperation BEIJING, Nov. 27 (Xinhua) — Chinese Premier Li Keqiang and his Czech counterpart Bohuslav Sobotka pledged to boost cooperation in nuclear power, finance and other sectors during talk on Friday.

“China’s nuclear power technology and equipment are safe and inexpensive, which has made them competitive globally,” Li said, adding that the Chinese side is willing to participate in Czech’s nuclear power business.

Sobotka, who is making his first official visit to China, said he welcomes China’s participation in Czech’s nuclear power business. He added that the two sides can study the feasibility of conducting nuclear power cooperation in markets outside of the two territories.

Earlier this week, Sobotka attended the fourth summit of China and Central and Eastern European (CEE) countries in east China’s Suzhou city, where Li proposed to set up a multilateral financial firm between China and the 16 CEE countries.

On the financial front, Li said on Friday that he hopes China and Czech will innovate and expand the mode of financial cooperation within the framework if the “16+1” financial firm in discussion, which he said will strongly support practical cooperation between the two countries.

China stands ready to talk with Czech on establishing a RMB settlement mechanism in Prague, Li added……..

November 30, 2015 Posted by | China, EUROPE, marketing | Leave a comment

Russia keen to market nuclear power to impoverished Cambodia

Russia to help Cambodia build capacity for nuclear power, REUTERS, YEKATERINBURG, nuclear-marketing-crapRUSSIA/PHNOM PENH 26 Nov Russian-Bear Russia will help Cambodia work towards building a nuclear power plant under an agreement the two countries signed this week, said Sergei Kirienko, the head of state nuclear firm Rosatom.

Cambodia depends heavily on imported fuel and power. Electricity in the country is among the most expensive in Southeast Asia and a common source of complaint from investors.

“The Cambodian government is mulling, in future, a nuclear power station construction,” Kirienko told reporters on Wednesday when asked about the agreement.

Cambodian energy officials declined to comment on the deal on Thursday.

The agreement was signed during a visit by Russian Prime Minister Dmitry Medvedev to Cambodia this week. His visit was the first to Cambodia by a senior Russian politician since 1986.

Under the terms of the agreement, Russia will provide expertise, research and training to Cambodia……

November 27, 2015 Posted by | ASIA, marketing, Russia | Leave a comment

USA anxious about nuclear proliferation, but keen to market nuclear technology to South Korea

Buy-US-nukesUS, South Korea ratify deal on nuclear energy A pact between Seoul and Washington on nuclear energy has officially entered into effect. The deal, almost five years in the making, stops short of allowing South Korea to reprocess nuclear fuel from the US. The 20-year accord came into force on Wednesday, with South Korea’s foreign minister and the US ambassador exchanging documents in Seoul.

South Korea is among top five consumers of nuclear energy in the world, and home to 23 nuclear power plants.

However, all of the nuclear fuel in the country is provided by the US.

Seoul has repeatedly urged Washington to allow South Korea to develop uranium enrichment and reprocessing capabilities, citing energy concerns and environmental issues. The US is opposing the move, fearing that such technology could also be used for weapons-grade nuclear material.

The US government is concerned about sparking the nuclear rivalry between Seoul and North Korea,the country that already conducted three successful nuclear tests.

The latest accord denies South Korea the right to reprocess and enrich the US-origin fuel.

However, Seoul and Washington agreed to establish a high-level committee to discuss the issue, which South Korean officials described as a step towards securing a possible consent from Washington in the future.

South Korea is also seeking to become a key exporter of atomic power plants.fighters-marketing-1

The US ally could also research technologies such as “pyroprocessing” which are generally considered safe from the proliferation standpoint.

November 27, 2015 Posted by | marketing, USA | Leave a comment

France still keen to market nukes to South Africa

Hollande-salesFRANCE STILL KEEN ON SA’S NUCLEAR POWER DEAL French Foreign Minister says France named a special envoy to make the pitch to supply SA’s needs. Jean-Jacques Cornish | about 13 hours ago

PRETORIA – French Foreign Minister Laurent Fabius says his country is still willing to take part in South Africa’s nuclear power project despite reports of a deal being made with Russia.

He told President Jacob Zuma France has named a special envoy to make the pitch to supply South Africa’s needs. Fabius says the purpose of his talks with Zuma yesterday was to ensure South African participation in the climate change summit in Paris at the end of this month.

But he took the opportunity in their Pretoria meeting to assure the South African president that France has the competency to supply and install the nuclear power station it’s looking for.

Despite reports that Russia has already clinched the deal with South Africa, France does not regard this as a fair accomplishment. (Edited by Winnie Theletsane)

November 23, 2015 Posted by | France, marketing | Leave a comment

Russia marketing nuclear reactors to Egypt, involving big debt for Egypt

Russian-BearEgypt, Russia sign deal to build a nuclear power plant Reuters, 19 Nov 15  CAIRO Moscow and Cairo signed an agreement on Thursday for Russia to build a nuclear power plant in Egypt, with Russia extending a loan to Egypt to cover the cost of construction.

A spokesman for Russia’s state-owned nuclear firm Rosatom said the plant, Egypt’s first, would be built at Dabaa in the north of the country and was expected to be completed by 2022.

Egyptian President Abdel Fattah al-Sisi, speaking on state TV, gave few details but said the project would involve the building of a ‘third-generation’ plant with four reactors.

It is not clear how much the deal is worth but Sisi said the loan from Russia would be paid off over 35 years……..

November 20, 2015 Posted by | Egypt, marketing, Russia | Leave a comment

China to finance and build two nuclear stations in Argentina

Buy-China-nukes-1China to build two nuclear plants in Argentina in $15bn deal,, Jamil Anderlini in Beijing and John-Paul Rathbone, Latin America Editor , 17 Nov 15

China will finance and build two nuclear power plants in Argentina in a deal worth up to $15bn underlining Beijing’s continued presence in Latin America despite its slowing economy.

The deal comes amid a push to export China’s homegrown atomic technology, often by offering cheap technology and generous financing. It follows China’s move last month to take a one-third stake in a French-led project to build the first in a new generation of UK nuclear plants.

The agreement with Argentina, signed in Turkey during the G20 meetings, will see China provide most of the financing for the two new plants at a time when Buenos Aires is locked out of global credit markets……..
The first plant will cost about $6bn and use Canadian “Candu” nuclear technology, while the second will use China’s homegrown Hualong One reactor, which Beijing is promoting for export……

Buenos Aires has been one of Beijing’s larger clients, with $19bn of lending for Chinese-led infrastructure projects since 2007, according to the Inter-American Dialogue’s China database.

Although China has started to scale back its exposure to more risky Latin American borrowers, such as Venezuela, it provided an $11bn currency swap arrangement last year to bolster Argentina’s sagging reserves.

Both reactors will be built by state-owned China National Nuclear Corp in co-operation with Argentina’s state-owned Nucleoeléctrica. When finished, they will roughly double the country’s nuclear power capacity provided by its existing three nuclear plants.

Chinese banks and companies will provide loans and investment to cover 85 per cent of the projects’ costs, with the loans to be paid back over 18 years with an annual interest rate below 6.5 per cent, according to Argentine media.

CNNC’s domestic state-owned rival, China General Nuclear Power Group (CGN), will apply to UK regulators next year for approval of its similar nuclear power technology as it seeks to build more plants in Britain.

CGN has already agreed to take a one-third stake in the French group EDF’s £18bn Hinkley Point power station, and wants to build a series of new reactors in the UK.

Analysts say success in exporting its nuclear technology to Britain will help China sell more nuclear plants around the world because of the perceived rigour of the UK’s regulatory regime.

“We have our first foot in the UK,” Zheng Dongshan, senior vice-president at CGN, told the Financial Times during a visit to the UK last month. “This could have a good effect to kick the door of other countries.”

Chinese economic planners have identified more than 60 countries between China and Europe as potential customers. They hope to provide 30 of the 200 nuclear plants they estimate will be under construction in those countries by 2030……

In recent years Beijing has stepped in to provide financing and investment to several countries locked, like Argentina, out of international credit markets or shunned by global investors because of war, sanctions or corruption.

Latin America has been an area of particular interest to China because of the ruling Communist party’s desire to expand Chinese influence into America’s traditional “backyard”.

…… Some in Argentina have raised concerns about the country’s growing reliance on China and Buenos Aires’ decision to sign the deals just before a presidential electoral runoff, after which Ms Fernández will step down at the end of her second term…….

November 18, 2015 Posted by | China, marketing, SOUTH AMERICA | Leave a comment

Argentina to buy nuclear technology from China

Buy-China-nukes-1Argentina says signs nuclear plant construction deals with China, Reuters,  BUENOS AIRES Nov 15 Argentina has signed two nuclear power plant construction deals with China for about $15 billion, the Argentine government said in a statement on Sunday, calling the deals “a fundamental step toward diversifying our energy matrix.”…...”Between both deals we are talking about financing of close to $15 billion” over 18 years, the Argentine statement said. (Reporting by Maximilian Heath; Editing by Leslie Adler)

November 16, 2015 Posted by | China, marketing, SOUTH AMERICA | Leave a comment

France’s effort to market nuclear technology to South Africa

Hollande-salesFrance seeks to win over SA on nuclear energy, Business Day, BY SISEKO NJOBENI, NOVEMBER 06 2015 AMID speculation about SA’s nuclear build programme, the French special envoy for the French-South African nuclear partnership Pascal Colombani is in the country punting his country for the highly anticipated programme.

During his two-day visit to the country, Mr Colombani is scheduled to have meetings “at the political level” as well with relevant public enterprises such as Eskom and the South African Nuclear Energy Co-operation (Necsa). However, he would not say who he was scheduled to meet in government.

“This is my first visit since I have been appointed by President (François) Hollande as his special envoy for the nuclear partnership with SA. Therefore, the overall purpose of my visit is to scale up our co-operation into a long-term strategic partnership in nuclear energy with SA,” Mr Colombani told Fin24.

He said France and SA shared ambitious goals for the development of nuclear energy, “which should become one key component of our strategic partnership”.

Mr Colombani said France was ready to scale up the co-operation between the two countries into a strategic long-term partnership, by supporting the development of SA’s new nuclear programme. Technology, training and safety were at the core of this partnership, he said……

November 7, 2015 Posted by | France, marketing, South Africa | Leave a comment

Japan keen to sell nuclear reactors to Kazakhstan

Abe,-Shinzo-nuke-1Japan to construct nuclear power plant in Kazakhstan, Tengri News, 27 Oct 15 
For more information see:
Use of the Tengrinews English materials must be accompanied by a hyperlink to

Japanese Prime Minister Shinzo Abe has reiterated his country’s readiness to construct a nuclear power plant in Kazakhstan, reports……

October 23 reported, citing the country’s Vice Minister of Energy Bakhytzhan Dzhaksaliyev, that Kazakhstan was to decide within the following 2-3 years on the location and strategic partner for its first nuclear power station.

January 23,2015 reported that Kazakhstan had started talks with Toshiba, owner of Westinghouse, to construct its first nuclear power plant. The sides were to sign an agreement on supplying a $3.7 billion reactor capable of 1 gigawatt, according to Russia’s Kommersant daily.

Early 2014 the country’s President Nursultan Nazarbayev commissioned the Government to decide before the end of the Q1 2014 on the location, sources of investments and timing of constructing a nuclear power plant in Kazakhstan.

In his Address to the Nation at the start of 2014, President Nursultan Nazarbayev elaborated why Kazakhstan needs to construct a nuclear power plant.

He emphasized that the future lies with nuclear power……… “The actual need for a nuclear power plant will be felt around 2025 given the current power generation and consumption figures”, he elaborated.
For more information see:

October 28, 2015 Posted by | Japan, Kazakhstan, marketing | Leave a comment

USA’s “Small Modular Nuclear Reactor” lobby pinning its hopes on Australia?

Why Australia is important to the Small Nuclear lobby.Independent Australia

 smr-aUSTRALIA-copy16 October 2015, Elsewhere in the world, proponents of small nuclear reactors are pitted against the large reactors, but here in Australia, as Noel Wauchope reports, proponents of small reactors see them as enabling conventional nuclear and uranium mining to flourish.   QUIETLY, AND pretty much under the media radar, a dispute is going on in the global nuclear industry between the advocates of “Generation III” — big nuclear reactors, and “Generation IV” — small nuclear reactors…….

 the nuclear lobby’s spiel to Australia is something different, and very original. No dispute — because the argument is that small reactors would further the large reactor industry.

First articulated by Oscar Archer on ABC RN, March 2015, the idea is that Australia, in setting up small nuclear reactors, would enable the conventional nuclear industry and uranium mining to flourish:….. As Archer says, Australia would indeed be the pioneer for the new technology.

And that’s what the USA “new nuclear” lobby desperately needs.  They need this, because they’re finding it impossible to go ahead in America. Why? Well it’s those pesky safety regulations imposed by the Nuclear Regulatory Commission.

What the “Small Nuclear” lobby needs is a “nuclear friendly” country – one with less stringent safety
regulations – to set up their nuclear reactors on a test site. Hence the enthusiasm of those lobbyists for the South Australia Nuclear Fuel Chain Royal Commission, as shown, for example, in a recent Royal Commission hearing speech by Thomas Marcille of Holtec International nuclear company.

……… the Nuclear Regulatory Commission(NRC) has proved to be real nuisance since it tightened regulations for the licensing process after the Fukushima nuclear disaster. The new nuclear marketers have had to go overseas, first to China, then perhaps to Australia?….,8263

October 16, 2015 Posted by | AUSTRALIA, marketing, USA | Leave a comment

Japn’s PM Abe keen to sell nuclear technology to India

Abe,-Shinzo-nuke-1Japan eyes nuclear deal with India October 5, 2015  Clearing the way for exports Nikkei Asian Review, 
TOKYO –– Japanese Prime Minister Shinzo Abe is expected to visit India around the end of this year to sign an atomic energy agreement with counterpart Narendra Modi, laying the groundwork for exports by Japanese corporations in that field.

Abe is considering a trip around December or January. A framework for preventing military use of nuclear materials and atomic power technologies is a prerequisite for Japanese companies to export related technologies to India.

  India holds nuclear weapons but is not a signatory of the Nuclear Nonproliferation Treaty (NPT), so a focal point of negotiations between Japan and India was how to prevent the spread of nuclear technologies. The two sides are expected to agree on tight management of nuclear technologies on a par with the NPT.

Another obstacle to an agreement had been Indian laws that hold nuclear plant manufacturers partly liable in the event of nuclear accidents. In January, the U.S. and India agreed that an insurance framework created by India would cover damages related to accidents. Japan and India are seen reaching an agreement with conditions similar to the deal that Washington signed for such matters as the management of nuclear technologies and liability for damages………

October 5, 2015 Posted by | Japan, marketing | Leave a comment

Russia woos Malaysia to its nuclear technology

Russian-BearRussia offers nuclear expertise to Malaysia 25 Sept 15  KUALA LUMPUR: Russia will extend its expertise if Malaysia decides to develop its own nuclear programme.

Russian Minister of Economic Development Alexei Ulyukayev, who said this, added that his country was well-placed to build and support a national nuclear industry.

“We will propose a very sophisticated and complex construction of a local nuclear programme. We can construct nuclear power generation stations………

September 26, 2015 Posted by | Malaysia, marketing, Russia | Leave a comment

UK under pressure to buy nuclear reactors – from GE/Hitachi, Westinghouse/Toshiba and Areva/Mitsubishi

Abe,-Shinzo-nuke-1Hitachi has made no secret of its motive for trying to export reactor technology saying it needed a fresh outlet for reactors after Tokyo shut down Japan’s nuclear plants

failure to agree a final deal between EDF Energy and the Government on Hinkley “threatens not only the first new nuclear power station for a generation, but potentially all those that will come in its wake,”

ABWRs – one of the least reliable reactors in the world nuClear news No.77, September 2015

Introduction – Anglesey: a victim of Abenomics?  Exporting nuclear technology is a key element of Japanese Prime Minister Shinzo Abe’s economic strategy – “Abenomics”. Nuclear exports are seen as a way to rev up Japan’s long struggling economy, and tackle the persistent trade deficit made worse by the
need to import energy – especially Liquid Natural Gas – to replace reactors shutdown after Fukushima.

Japan’s top three nuclear engineering companies — Hitachi, Mitsubishi Heavy Industries and Toshiba — which had a combined profit in their energy and infrastructure businesses of about 242 billion yen ($3.14 billion) in the fiscal year 2010/11, were keener than ever to look overseas for business after Fukushima put the domestic nuclear industry on hold. Continue reading

August 29, 2015 Posted by | marketing, UK | Leave a comment

France’s new nuclear power – not successful at home, so they might try to sell it off to Czech Republic

Hollande-salesFrench foreign minister: EDF to consider participating in building new Czech nuclear reactors US News 23 Aug 15 PRAGUE (AP) — French Foreign Minister Laurent Fabius says his country’s company will consider participating in developing the Czech Republic’s nuclear program.

The Czech government has recently approved a long-term plan to increase the country’s nuclear power production. As part of the plan, the government wants to build one more reactor at the Temelin nuclear plant and another at the Dukovany plant, with an option to build yet another reactor at each plant…..Speaking to reporters after meeting Czech counterpart Lubomir Zaoralek on Sunday, Fabius said it will be state-controlled utility Electricite de France that will be part of a public tender to build the reactors.

August 24, 2015 Posted by | France, marketing | Leave a comment

Organization of Canadian Nuclear Industries (OCI) to work with Romania to market nuclear reactors

nuclear-marketing-crapMOU promotes stronger ties among Canadian and Romanian nuclear suppliers Market Watch, BUCHAREST, Romania, Jul 2, 2015 (Canada NewsWire via COMTEX) — The Organization of Canadian Nuclear Industries (OCI) is proud to announce the signing today of a Memorandum of Understanding (MOU) with the Romanian Atomic Forum Association (ROMATOM)……..

The Partnering Workshop included an update on the planned Cernavoda 3/4 CANDU project as well as presentations by Canadian and Romanian nuclear suppliers on their nuclear capabilities and experience along with discussions on their mutual interest in collaborating on the Cernavoda 3/4 CANDU Project.

This MOU outlines several ways that OCI and ROMATOM will work together including identifying opportunities at nuclear projects in Romania, Canada, and other countries on which OCI and ROMATOM companies can cooperate. The OCI-ROMATOM MOU will also encourage and facilitate cooperation among Canadian and Romanian nuclear research institutes and universities on nuclear research, development, and nuclear education……..

The Canada-Romania Cernavoda 3/4 Supply Chain Partnering Workshop was the focal point of a three day 12 company OCI-led Trade Mission to Romania that kicked off with a July 1 Canada Day Celebration hosted by the Canadian Embassy …… The Trade Mission to Romania was supported by co-funding from Global Opportunities for Associations (GOA) program through which the Foreign Affairs, Trade and Development Canada (DFATD) encourages and supports trade associations in taking member companies into promising export markets.

Organization of Canadian Nuclear Industries (OCI) is an association of 180 leading Canadian suppliers to the nuclear industry in Canada and foreign markets. OCI…provides……engineering services and support to CANDU nuclear power plants in Canada as well as to CANDU and Light Water Reactor (LWR) plants in offshore markets. OCI promotes the continued and expanded use of nuclear energy in Canada and supports member companies in both domestic and international nuclear markets………

July 4, 2015 Posted by | Canada, EUROPE, marketing, Reference | Leave a comment


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