Urenco inks Ukrainian agreement

22/08/2016 11:33 Electricity Market


Urenco, manufacturer of enriched uranium for the nuclear power utilities worldwide, should supply uranium enrichment to Ukraine under an agreement inked last week by the country's national nuclear firm Energoatom and the enrichment company possessed by Germany, the Netherlands and the UK.

Earlier this year, the Ukrainian company invited Urenco to present an offer to provide enriched uranium as part of a competitive procurement exercise. The material supplied by Urenco will be employed to produce nuclear fuel for Ukraine's nuclear power plants at Westinghouse's fabrication facility at Västerås, Sweden. Energoatom president Yuriy Nedashkovskyi declared that the accord was part of the company's efforts to reinforce the country's energy security. According to him, the agreement is another important step by Energoatom to expand nuclear materials and fuel supply in order to satisfy the needs of Ukrainian nuclear power plants. URENCO runs plants in Germany, the Netherlands, the UK and the US, employing URENCO's world-leading centrifuge technology to enrich uranium for the utilisation as a nuclear fuel for civil power generation. URENCO concentrates on providing safe, cost effective and reliable uranium enrichment services within a framework of environmental, social and corporate responsibility. URENCO's capacity attained 19,000 tonnes of separative work per year (tSW/a) at the end of December 2015.

Ireland to open 1st renewables auction in early 2020

03/12/2019 09:36:00

The Irish government on Monday gave the green light to the country’s first auction under its new Renewable Electricity Support Scheme (RESS) that is seen to pave the way towards a 70% renewables share by 2030.


Novatek $4.8 bln Yamal LNG fleet complete. Yakov Gakkel expected to load next week

03/12/2019 09:33:00

Russia’s largest independent natural gas producer and LNG exporting player, Novatek has completed the $4.8 billion, 15-vessel strong fleet of Arc7 liquefied natural gas carriers set to serve its giant Yamal LNG project in the Arctic.


Growth 'soars' in UK energy storage

03/12/2019 09:18:00

Over 10,500MW of battery storage planning applications have been made in the UK, compared with 6900MW a year ago, according to new research from RenewableUK (R-UK).