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atw 2018-03v6


atw Vol. 63 (2018) | Issue 3 ı March 198 NEWS Framatome and the AREVA Group, MHI will promote the development of global markets for a broad range of nuclear power generation-related technologies. In this way, MHI will contribute to the formation of a worldwide structure enabling stable acquisition and supply of energy with low emission. MHI is also scheduled to acquire a 5 percent equity stake in New AREVA Holding (formerly referred to as “NewCo”), a company primarily focused on the fuel cycle field business. The investment is due to be completed by the end of January 2018. | | (18501525), USA: Framatome to acquire Instrumentation and Control nuclear business of Schneider Electric (framatome) Framatome announced an agreement with Schneider Electric to acquire its nuclear automation business. The two companies recently signed an asset purchase agreement that outlines the terms of the sale, which is expected to close before the end of the first quarter of 2018. The acquisition expands Framatome’s instrumentation and control (I&C) offerings. These systems are the central nervous system of a nuclear power plant allowing operators to control reactor operations. Modernizations, upgrades and ongoing support, are vital to manage economic long-term operation of nuclear power. More than 80 safety I&C systems have been installed by Framatome on 44 reactors in 17 countries across the world, and approximately 250 automation systems have been installed or are being installed by Schneider Electric. The agreement between Framatome and Schneider Electric also creates a long-term manufacturing partnership, which gives customers I&C options based on a comprehensive global technical expertise and market knowledge. “This is an exciting time of growth for our company, and the acquisition and partnership with Schneider Electric build on our long history of providing nuclear operators with both digital and analog I&C solutions,” said Gary Mignogna, president and CEO of Framatome Inc. “With this acqui sition, we will provide long-term support for our customers’ systems and serve as the original equipment manufacturer for their I&C upgrades and modernizations.” | | (18501526), Lightbridge and Framatome launch Enfission to commercialize innovative nuclear fuel (framatome) Lightbridge Corporation (NASDAQ: LTBR) and Framatome finalized and launched Enfission, a 50-50 joint venture company to develop, license and sell nuclear fuel assemblies based on Lightbridgedesigned metallic fuel technology and other advanced nuclear fuel intellectual property. Lightbridge is a U.S. nuclear fuel development company and Framatome is a leader in designing, building, servicing, and fueling today’s reactor fleet and advancing nuclear energy. The two companies already began joint fuel development and regulatory licensing work under previously signed agreements initiated in March 2016. The joint venture is a Delawarebased limited liability company. Bernard Fontana, Chairman of the Managing Board and CEO of Framatome, said: “This is an exciting time of growth for Framatome and we are proud to work with Lightbridge on Enfission. Together, we are developing an innovative fuel technology that will provide significant benefits for our customers, helping them to generate more electricity from their nuclear power plants and better compete in the marketplace. Framatome provides its next generation of fuel assembly designs to more than 100 of the approximately 260 light water reactors worldwide. Through this work, we help our customers to meet their operational goals with a high level of safety. We are confident that our strategic partnership with Lightbridge on Enfission will strengthen our position as a key international reference in the global fuel market.” Seth Grae, Lightbridge president and CEO, said: “With the world calling for more reliable, economic and carbon- free baseload power, Lightbridge’s innovative metallic fuel technology will help both existing and new nuclear plants fill that need. Framatome is the ideal partner with established manufacturing | | Joint Venture Negotiation Team Lightbridge and Framatome capabilities, an impeccable reputation as a nuclear fuel supplier and a large global footprint. We appreciate the strong support we have already received from the leading nuclear operators, both in the U.S. and around the world. The world’s energy and climate needs can only be met if nuclear power grows as a part of the energy-generating mix. We are honored to work with Framatome on this important project and believe the economic and safety benefits of our fuel will encourage greater use of nuclear power.” | | (18501527), Lightbridge awarded key patents in Europe and China for innovative metallic fuel design (lightbridge) Lightbridge Corporation (NASDAQ:LTBR), a nuclear fuel technology company, today announced it has been awarded key patents in both Europe and China related to Lightbridge’s innovative metallic fuel design that each extend through 2034. These patents follow Notices of Allowances that were issued by the European Patent Office and the State Intellectual Property Office of the People’s Republic of China, as reported in October 2017. The newly issued patents cover an alternative embodiment of a multilobe fuel rod design; an all-metal pressurized water reactor (PWR) fuel assembly design incorporating multilobe fuel rods based on the alternative embodiment; and an all-metal PWR fuel assembly design incorporating multi-lobe fuel rods arranged into a mixed grid pattern, thereby covering the all-metal fuel assembly design after the most recent optimization. Seth Grae, President and CEO of Lightbridge, said: “These latest patents are a critical step in solidifying our intellectual protection around the world as we gear up for commercialization through Enfission, our newly formed joint venture with Framatome. Our fuel is ideally suited for the European and Chinese markets, as it is designed to significantly enhance both the economics and safety of existing and planned nuclear reactors. With 181 operating nuclear power plants across Europe, and China poised to become the largest market for nuclear, these patents provide us a crucial and defensible foothold in each of these markets for years to come.” Lightbridge has patents pending in various countries around the world, News

atw Vol. 63 (2018) | Issue 3 ı March including the United States, South Korea, Canada, Japan, Eurasia, and Australia, as well as additional patents pending in Europe and China. | | (18501531), Rosatom: RITM-200 installed at Sibir Icebreaker (rosatom) In Saint Petersburg, the Baltic Shipyard completed the installation of the second RITM-200 reactor on the new generation Sibir nuclear icebreaker. Installation of the first reactor was completed earlier, on 14 December. RITM-200 is an innovative pressurized water reactor developed and manufactured for the icebreaker fleet by AtomEnergoMash, Rosatom’s engineering division. The new reactor unit is unparalleled for its compact size and cost efficiency. Its integrated design provides for the placement of core equipment inside the steam generator shell and makes the unit twice as light, half more compact and 25 MW more powerful than the existing icebreaker reactors of the KLT series. The reactor design enables the icebreaker to be used both in deep Arctic waters and river estuaries and improves its icebreaking speed and other performance indicators. The reactors have a service life of 40 years and are protected by a containment made of steel, water and concrete. | | (18501539), Westinghouse to continue nuclear fuel delivery to Ukraine through 2025 (westinghouse) Westinghouse Electric Company announced that it has signed a nuclear fuel contract extension with Ukraine’s State Enterprise National Nuclear Energy Generation Company (SE NNEGC) Energoatom. The contract includes nuclear fuel deliveries to seven of Ukraine’s 15 nuclear power reactors between 2021 and 2025, expanding and extending the existing contract for six reactors that was set to expire in 2020. “This contract extension solidifies Westinghouse’s role as a strategic partner for Energoatom and demonstrates our ability to support Ukraine with their energy diversification. Under the terms of the new contract, our relation ship with Ukraine will be strengthened through our plan to source some of the fuel components from a Ukrainian manufacturer,” said José Emeterio Gutiérrez, Westinghouse president and chief executive officer. While commenting on the agreement, Yurii Nedashkovskyi, President of SE NNEGC Energoatom, emphasized that Energoatom is the only operating utility of VVER-1000 reactors in the world that has fully diver sified sources of nuclear fuel supply. Mr. Nedashkovskyi com mented, “ Cooperation with Westinghouse was integral to achievement of this goal.” Nuclear fuel from Westinghouse has played an important role in Ukraine’s work for independence for more than a decade. Westinghouse began supplying fuel to Ukraine in 2005, when the first lead test assemblies were delivered to South-Ukraine NPP Unit 3. “We are pleased that Energoatom is continuing to trust Westinghouse as an alternative supplier of nuclear fuel to VVER reactors,” said Aziz Dag, Westinghouse vice president and managing director, Northern Europe. The manufacturing and assembly of the nuclear fuel will be performed by the Westinghouse fuel fabrication facility in Västerås, Sweden, where parts of the production lines are solely dedicated to VVER-1000 fuel. Deliveries against the contract will begin in 2021, immediately following the conclusion of existing contract. | | (18501538), Wood wins Hinkley Point C contract worth $16m (wood) Wood has won a contract as sole supplier of inspection qualification services to the Hinkley Point C nuclear power station. EDF Energy, the station developer, has commissioned Wood’s Inspection Validation Centre (IVC) to qualify ultrasonic inspections on high inte grity welds in primary circuit com ponents for the two 1.6GW reactors. The contract is effective immediately and the initial task order is worth $16m. Wood’s teams will assess the inspection procedures and their supporting technical justifications and will carry out practical trials to demonstrate that the procedures can be applied and meet their objectives. Using flaw implantation techniques, faults will be introduced into welded test pieces to test and ultimately assure that inspectors can identify them. The work will create a total of 35 new jobs at the IVC in Warrington, UK, which works with specialist suppliers across the world. | | (18501551), Forum Consumption in the EU above the energy efficiency target (eu) The European Union (EU) has committed itself to reducing energy consumption by 20 % by 2020 compared to projections. This objective is also known as the 20 % energy efficiency target. In other words, the EU has pledged to attaining a primary energy consumption of no more than 1 483 million tonnes of oil equivalent (Mtoe) and a final energy consumption of no more than 1 086 Mtoe in 2020. In 2016, primary energy consumption in the EU was 4 % off the effi ciency target. Since 1990, the first 199 NEWS | | Primary energy consumption in the EU, 2016 | | Final energy consumption in the EU, 2016 News