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Bechtel and Westinghouse Consortium Formally Signs EPC Turnkey Contract for Poland's First Nuclear Power Plant, Construction Scheduled to Begin in 2027

A consortium comprising U.S. engineering giant Bechtel and nuclear technology supplier Westinghouse Electric Company has formally signed an Engineering, Procurement, and Construction (EPC) contract with Poland's state-owned nuclear power company Polskie Elektrownie Jądrowe (PEJ) to advance the construction of Poland's first-ever commercial nuclear power plant. The nuclear project is located in Choczewo on the Baltic Sea coast in the Pomerania province of northern Poland. PEJ officially stated that the site is planned to host 3 Westinghouse AP1000 Generation III+ advanced pressurized water reactor units, with a designed total installed capacity of 3750 megawatts (3750 MWe), and the first unit is expected...

2026-09-30

Polish Nuclear Power Company and U.S. Consortium Reach Agreement on Key Commercial Terms for EPC Contract of First Commercial Nuclear Power Plant

Polskie Elektrownie Jądrowe (PEJ), the Polish state-owned nuclear power engineering company responsible for the construction and operation of Poland's first nuclear power plant, announced that it has reached agreement with the nuclear power consortium (Bechtel-Westinghouse Consortium) formed by Westinghouse Electric Company and Bechtel on the core commercial and legal terms of the Engineering, Procurement and Construction (EPC) contract for Poland's first commercial nuclear power plant. Polskie Elektrownie Jądrowe stated that the core terms finalized by both parties cover the key commercial rules and legal...

2026-09-24

Chubu Electric Power considers withdrawing Hamaoka nuclear plant restart review application

Chubu Electric Power Company (CEPCO) is considering withdrawing its restart review application for Units 3 and 4 of the Hamaoka Nuclear Power Plant. The plant is located in Omaezaki City, Shizuoka Prefecture, Japan, and it was previously revealed that seismic design data related to the restart review was suspected of falsifying "design basis ground motion" data, making the ground motion amplitude in the submitted materials lower than originally expected. On the morning of the 11th, Chubu Electric Power announced that it had received a report submitted by an investigation committee composed of external lawyers. The committee was commissioned by Chubu Electric Power to investigate the causes and process of the seismic design data issue at the Hamaoka Nuclear Power Plant. Chubu Electric Power President Shingo Hayashi and others plan to hold a press...

2026-09-11

Kansai Electric Revises Site Survey Plan for Additional Units at Mihama Nuclear Power Station

On September 9, 2026, Kansai Electric Power Company (KEPCO) announced a revision to its voluntary site survey plan for additional units at the Mihama Nuclear Power Station, extending the completion of the preliminary survey from March 2027 to March 2028, while the detailed survey remains scheduled for completion in 2030. Kansai Electric stated that it resumed the voluntary site survey, which had been suspended since March 12, 2011, on November 5, 2025, for the potential additional units at the Mihama site. Under the original plan announced on September 17, 2025, Kansai Electric first conducted a broad preliminary survey both inside and outside the plant site, then selected a more advantageous area based on geological conditions, and carried out a detailed survey in that area...

2026-09-09

KEPCO Nuclear Fuel and On-Site Partners Advance Full-Cycle Resource Circulation

On September 9, 2026, KEPCO Nuclear Fuel (KNF) announced that it has signed a business agreement on the practice of full-scope resource circulation with its on-site partner companies, jointly promoting waste reduction initiatives and the implementation of a resource circulation culture across relevant business processes. The agreement aims to support the Korean government's plan to promote the transition to a plastic-free circular economy, strengthen the management of the entire waste process from generation, sorting, to recycling, and establish a resource circulation system covering both employees and on-site partner companies. Under the agreement, all parties will focus on three areas: source reduction, recycling, and the conversion to reusable products, including reducing packaging materials and single-use items...

2026-09-09

Vietnam's Petrovietnam and Korea Electric Power Corporation Advance Cooperation on Ninh Thuan 2 Nuclear Power Project

On September 7, 2026, Vietnam's National Industry and Energy Group (Petrovietnam) and Korea Electric Power Corporation (KEPCO) are accelerating cooperation in nuclear power research and development. On September 8, a delegation led by Petrovietnam General Director Le Manh Cuong held a working meeting in Seoul, South Korea with a delegation led by KEPCO Chairman and CEO Kim Dong-cheol, with both sides focusing on the implementation of the cooperation agreement in the nuclear power sector. Le Manh Cuong stated that Vietnam is taking measures to create conditions for the implementation of nuclear power projects. Previously, Petrovietnam and KEPCO signed a cooperation agreement witnessed by high-level leaders of both countries, demonstrating that nuclear power has become a key area of Vietnam-Korea cooperation...

2026-09-09

Two South Korean companies to collaborate on expanding fusion energy projects

KEPCO Engineering & Construction (KEPCO E&C) signed a Memorandum of Understanding (MOU) with Enable Fusion on September 7 at the Daejeon Science Center to establish a cooperation framework for participation in fusion energy projects, technology sharing, and joint business development. Kim Tae-kyun, President of KEPCO E&C, and Lee Kyung-soo, CEO of Enable Fusion, attended the signing ceremony. Under the MOU, the two parties will provide each other with technical and commercial information required for participation in the construction of fusion power facilities and jointly develop fusion energy projects both domestically and overseas. KEPCO E&C plans to...

2026-09-08

Japan's Fukui Prefecture Approves KEPCO's Construction of Dry Cask Storage Facilities for Spent Fuel

Fukui Prefecture Governor Tatsuji Sugimoto announced on August 28 that he approved Kansai Electric Power Company's (KEPCO) plan to construct dry cask storage facilities for spent fuel within the premises of the Mihama and Takahama nuclear power plants in Fukui Prefecture. The decision was made in accordance with the safety agreement between Fukui Prefecture and KEPCO. KEPCO plans to apply to the Nuclear Regulation Authority (NRA) for approval of the relevant design and construction plans as early as August 31. KEPCO plans to build dry cask storage facilities at three nuclear power plants in Fukui Prefecture to temporarily store spent fuel and prepare for future transport to an interim storage facility outside Fukui Prefecture. Among these, the plans for the Mihama and Takahama nuclear power plants...

2026-08-29

TEPCO replaces faulty motor of robotic arm at Fukushima Daiichi Unit 2

Tokyo Electric Power Company (TEPCO) began replacing the faulty motor of the robotic arm used for fuel debris retrieval trials at Unit 2 of the Fukushima Daiichi Nuclear Power Station on August 26. The robotic arm, approximately 22 meters long, is planned for use in the third fuel debris retrieval trial. During a previous operational inspection inside the reactor building of Unit 2, TEPCO found that the motor driving the robotic arm had malfunctioned, preventing the brake from releasing and the arm from extending. As the robotic arm is already installed on site, workers will enter the "front chamber" in front of the containment vessel to perform the replacement manually. The company stated that radiation levels in the work area will be strictly controlled to prevent workers from receiving excessive exposure. After this replacement, TEPCO will...

2026-08-27

Fukui Prefecture in Japan Likely to Approve KEPCO's Dry Storage Facility for Spent Nuclear Fuel

According to multiple officials of Fukui Prefecture, Japan, Governor Takato Ishida of Fukui Prefecture is expected to approve Kansai Electric Power Company's (KEPCO) construction of a dry storage facility for spent nuclear fuel at its nuclear power plants within the prefecture. If completed, this would mark the first adoption of such an on-site interim storage facility at KEPCO's nuclear power plants. A dry storage facility is used to store spent nuclear fuel discharged from reactors. The basic approach involves placing spent fuel into dedicated metal containers and cooling them naturally through air circulation, without relying on electrical systems. Since the containers themselves can be transported by ship or trailer, subsequent off-site transfer is relatively convenient; even in the event of a power outage, the associated accident risk is considered low. Japan Atomic Power Company (JAPC) and Shikoku Electric Power Company operate nuclear power plants that have already adopted this storage method.

2026-08-25

Japan's TEPCO Receives 4.8 Billion Yen in Nuclear Damage Compensation Funds

Tokyo Electric Power Company Holdings (TEPCO Holdings) announced on August 24 that it received a fund disbursement of 4.8 billion yen from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation (NDF) on the same day. The disbursement was made in accordance with the revised Special Business Plan approved on March 31, 2026. TEPCO stated that, to date, it has received 188.9 billion yen in compensation under the Act on Compensation for Nuclear Damage, and a cumulative total of 11.5524 trillion yen in fund disbursements from the NDF. As the total compensation payments expected by the end of September 2026 are projected to exceed the combined amount of the above funds, the company applied for the 172nd fund disbursement. TEPCO said that while receiving institutional financial support, it will continue to advance compensation efforts for nuclear accident victims and meet related compensation demands. Information on claims and payment status, changes in cumulative total payments, and agreement amounts by category is available through the company's public channels.

2026-08-24

Fire alarm triggered for sixth time in August at Japan's Fukushima Daiichi Nuclear Power Station; fire department confirms no fire occurred

At approximately 3:54 a.m. on August 21, a fire alarm was triggered on the first floor of the access control building at the Fukushima Daiichi Nuclear Power Station. Tokyo Electric Power Company (TEPCO) stated that no open flames or smoke were found near the site; shortly after 5:00 a.m., the fire department confirmed that the alarm was not caused by a fire. Readings from radiation monitoring stations around the plant also showed no significant fluctuations. This was the sixth fire alarm at the Fukushima Daiichi Nuclear Power Station since the beginning of August. Previously, the maintenance building for Units 5 and 6 triggered a fire alarm on August 8; the emergency diesel generator room for the high-pressure core spray system of Unit 6 triggered a fire alarm on August 12; the main administration building triggered a fire alarm on August 13...

2026-08-21

TEPCO and JAPC invite eight power companies to participate in spent fuel transport

August 12 news, Tokyo Electric Power Company (TEPCO) and Japan Atomic Power Company (JAPC) invited eight other Japanese power companies that own nuclear power plants on the 10th to consider participating in the transport of spent fuel to the Mutsu City interim storage facility in Aomori Prefecture. Mutsu City has agreed to expand the scope of operating entities involved in the transport. The interim storage facility is operated by Recyclable-Fuel Storage Company (RFS), jointly established by TEPCO and JAPC, and is primarily used for temporary storage of spent fuel generated from nuclear power plants before reprocessing. The eight invited companies are Hokkaido Electric Power Company (Hokkai...

2026-08-13

Japan's Mutsu Spent Fuel Interim Storage Facility May Expand Participants; KEPCO and Hokuriku Electric Power Say They Are Considering

Tokyo Electric Power Company (TEPCO) and Japan Atomic Power Company (JAPC) began contacting eight other domestic electric power companies that own nuclear power plants on August 10, asking whether they would be interested in participating in the expansion of the entities responsible for transporting spent fuel to the interim storage facility in Mutsu City, Aomori Prefecture. Among the eight companies contacted, Kansai Electric Power Company (KEPCO) and Hokuriku Electric Power Company indicated in response to the inquiries that they are considering whether to participate. In December 2025, TEPCO and JAPC had submitted a proposal to Aomori Prefecture and Mutsu City regarding the expansion of operating entities, and at that time they had also sought the intentions of these eight companies...

2026-08-12

KEPCO KPS Q2 Results Miss Expectations; Nuclear Maintenance Demand Expected to Drive Recovery in H2

KEPCO KPS's Q2 results significantly missed market expectations, mainly due to factors such as extended long-term planned preventive maintenance cycles for nuclear power plants and a reduction in external and overseas variable works. Data shows that the company's preliminary Q2 sales stood at KRW 437.9 billion, down 3.5% year-on-year; operating profit was KRW 43.6 billion, down 33.6% year-on-year, approximately 30.1% below market consensus; net profit attributable to controlling shareholders was KRW 38.3 billion, down 24.8% year-on-year. The operating margin fell to 10.0%, down 4.5 percentage points from the same period last year, indicating pressure on both the revenue side and, to some extent, the cost side. The nuclear maintenance business was one of the key factors dragging down Q2 performance. In Q2...

2026-08-11