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<strong>atw</strong> Vol. 62 (<strong>2017</strong>) | Issue 7 ı July<br />

496<br />

NEWS<br />

spoke at a joint press conference with<br />

his Turkish counterpart Recep Tayyip<br />

Erdogan after a meeting on 3 May<br />

<strong>2017</strong> in the Russian town of Sochi.<br />

Akkuyu, Turkey’s first nuclear power<br />

station, is to be built in cooperation<br />

with Russia’s state nuclear corporation<br />

Rosatom under a contract<br />

signed in 2010. The station will have<br />

four 1,200-MW VVER units. In<br />

March <strong>2017</strong>, Akkuyu Nuclear, the joint<br />

stock company in charge of the<br />

project, applied for a construction<br />

licence to the Turkish Atomic Energy<br />

Authority.<br />

| | www.rosatom.ru, 3845<br />

Westinghouse remains<br />

committed to AP1000 reactor<br />

technology and new projects<br />

(nucnet) Westinghouse is committed<br />

to its Generation III+ AP1000 reactor<br />

technology and will continue existing<br />

projects to build units at Sanmen<br />

and Haiyang in China, the company<br />

told NucNet in an email on 3 May<br />

<strong>2017</strong>. The first AP1000 units at<br />

Sanmen and Haiyang are “moving<br />

into the final stage of fuel loading”<br />

and the first Sanmen unit is on<br />

track to begin commercial operation<br />

by the end of <strong>2017</strong>, a spokesperson<br />

said. There are two AP1000s under<br />

construction at each site. The spokesperson<br />

said the company will<br />

continue to pursue other potential<br />

AP1000 projects because they<br />

will be structured in a manner that<br />

does not include construction risk.<br />

Westinghouse, the US-based nuclear<br />

unit of Japan’s Toshiba, filed for<br />

bankruptcy protection in the US in<br />

March. The spokesperson said this<br />

was because of a write-down related<br />

to the increased estimated cost to<br />

complete its US AP1000 projects<br />

at Vogtle in Georgia Summer in<br />

South Carolina, where there are<br />

two AP1000s under construction at<br />

each site. Asked about plans to build<br />

six AP1000s in Andhra Pradesh, India,<br />

the spokesperson said: “We continue<br />

to pursue the India bids as they<br />

were structured in a manner that<br />

does not include construction risk.”<br />

The spokesperson said Westinghouse<br />

will continue to cooperate with<br />

the UK on the development and<br />

eventual deployment of a small<br />

modular reactor. “We believe there<br />

is great value in the Westinghouse<br />

SMR, which applies the AP1000<br />

plant safety technology into a<br />

200 MW-class reactor.”<br />

| | www.westinghousenuclear.com,<br />

7346<br />

Regulator issues permit for<br />

operation of Ignalina Interim<br />

Spent Fuel Facility<br />

(nucnet) The Lithuanian State Nuclear<br />

Power Safety Inspectorate (Vatesi) has<br />

issued a permit for the start of<br />

commercial operation of an interim<br />

spent fuel storage facility at the<br />

Ignalina nuclear power station in the<br />

northeast of Lithuania. Vatesi told<br />

NucNet that hot tests had been<br />

completed at the facility on 4 May<br />

<strong>2017</strong>. During the tests, 10 casks, each<br />

weighing around 100 tonnes, were<br />

loaded with spent fuel and moved to<br />

the facility, where operation was<br />

tested in real conditions. Ignalina<br />

Nuclear Power Plant, or INPP, said it<br />

plans to move all spent fuel to the new<br />

facility until the end of 2022. Vatesi<br />

said INPP plans to use the facility to<br />

store about 190 containers with<br />

17,000 spent fuel rods over 50 years.<br />

The facility was designed and<br />

built by the German GNS-Nukem<br />

consortium, a joint venture between<br />

GNS Gesellschaft für Nuklear-Service<br />

and Nukem. When the contract was<br />

signed in 2005 Nukem said the cost<br />

ceiling for the project was € 193 m<br />

($ 211 m).<br />

| | www.iae.lt, 9834<br />

Market data<br />

(All information is supplied without<br />

guarantee.)<br />

Nuclear fuel supply<br />

market data<br />

Information in current (nominal)<br />

U.S.-$. No inflation adjustment of<br />

prices on a base year. Separative work<br />

data for the formerly “secondary<br />

market”. Uranium prices [US-$/lb<br />

U 3 O 8 ; 1 lb = 453.53 g; 1 lb U 3 O 8 =<br />

0.385 kg U]. Conversion prices<br />

[US-$/kg U], Separative work [US-$/<br />

SWU (Separative work unit)].<br />

January to December 2013<br />

• Uranium: 34.00–43.50<br />

• Conversion: 9.25–11.50<br />

• Separative work: 98.00–127.00<br />

January to December 2014<br />

• Uranium: 28.10–42.00<br />

• Conversion: 7.25–11.00<br />

• Separative work: 86.00–98.00<br />

January to June 2015<br />

• Uranium: 35.00–39.75<br />

• Conversion: 7.00–9.50<br />

• Separative work: 70.00–92.00<br />

June to December 2015<br />

• Uranium: 35.00–37.45<br />

• Conversion: 6.25–8.00<br />

• Separative work: 58.00–76.00<br />

2016<br />

January to June 2016<br />

• Uranium: 26.50–35.25<br />

• Conversion: 6.25–6.75<br />

• Separative work: 58.00–62.00<br />

July 2016<br />

• Uranium: 26.50–27.80<br />

• Conversion: 6.00–6.50<br />

• Separative work: 58.00–62.00<br />

August 2016<br />

• Uranium: 22.25–26.40<br />

• Conversion: 5.50–5.75<br />

• Separative work: 58.00–62.00<br />

September 2016<br />

• Uranium: 22.25–22.75<br />

• Conversion: 5.50–5.75<br />

• Separative work: 52.00–55.00<br />

October 2016<br />

• Uranium: 19.60–22.90<br />

• Conversion: 5.50–5.75<br />

• Separative work: 49.00–53.00<br />

November 2016<br />

• Uranium: 18.50–18.90<br />

• Conversion: 5.50–5.75<br />

• Separative work: 48.00–51.00<br />

December 2016<br />

• Uranium: 18.75–21.50<br />

• Conversion: 5.50–5.75<br />

• Separative work: 47.00–50.00<br />

<strong>2017</strong><br />

January <strong>2017</strong><br />

• Uranium: 20.25–25.50<br />

• Conversion: 5.50–6.75<br />

• Separative work: 47.00–50.00<br />

February <strong>2017</strong><br />

• Uranium: 23.50–26.50<br />

• Conversion: 5.50–6.75<br />

• Separative work: 48.00–50.00<br />

March <strong>2017</strong><br />

• Uranium: 24.00–26.00<br />

• Conversion: 5.50–6.75<br />

• Separative work: 47.00–50.00<br />

April <strong>2017</strong><br />

• Uranium: 22.50–23.50<br />

• Conversion: 5.00–5.50<br />

• Separative work: 45.50–48.50<br />

| | Source: Energy Intelligence<br />

www.energyintel.com<br />

Cross-border price<br />

for hard coal<br />

Cross-border price for hard coal in<br />

[€/t TCE] and orders in [t TCE] for<br />

use in power plants (TCE: tonnes of<br />

coal equivalent, German border):<br />

2012: 93.02; 27,453,635<br />

2013: 79.12, 31,637,166<br />

2014: 72.94, 30,591,663<br />

2015: 67.90; 28,919,230<br />

2016: 67.<strong>07</strong>; 29,787,178<br />

I. quarter: 56.87; 8,627,347<br />

II. quarter: 56.12; 5,970,240<br />

III. quarter: 65.03, 7.257.041<br />

IV. quarter: 88.28; 7,932,550<br />

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