Tag: Nuclear Reactor

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EIB Invests in Finland’s Olkiluoto Nuclear Power Plant

Two nuclear power plants will get an upgrade for reactor 1 & 2 with a €90 million backing from the European Investment Bank (EIB).

Finnish energy supplier Teollisuuden Voima Oyj (TVO) will receive the funding which they will implement into a multi-year timeline.

The upgrades are required under Finnish and EU safety legislation to ensure continued safe and efficient operation.

“By supporting safety upgrades at Olkiluoto, we are helping Finland strengthen its energy mix with reliable, low-carbon power,” said EIB Vice-President Karl Nehammer. “This investment supports Finland’s energy independence and contributes to the EU’s goals of ensuring secure and clean electricity for homes and businesses.”

Olkiluoto is the construction site for the world’s first final nuclear waste disposal facility, and it also produces 28% of Finland’s electricity needs.

Read more; https://www.eib.org/en/press/all/2025-420-eib-backs-upgrades-of-finland-s-olkiluoto-nuclear-power-plant-with-eur90-million-in-financing

Picture: TVO

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Kansai Electric to Restart 44-year-old Reactor

A next generation reactor plan is underway by Kansai Electric Power to restart the 44-year-old Mihama reactor based in Fukui Prefecture, 300-miles west of Tokyo.

The site survey has begun analysing geological conditions to determine the feasibility of constructing a new power plant. Materials and equipment have been transported to the areas.

The survey will continue until circa 2030 with several stages: a boring survey, field examinations, collecting rock samples, and excavating tunnels.

Pictures: Kansai Electrical Power/Mihama Power Plant

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Nuclear Component Manufacturing MoU Signed

BWX Technologies and Rolls-Royce SMR announce MoU signing for the manufacture of key nuclear components.

BWXT is in a powerful global position when it comes to enabling advanced nuclear developers to fulfil their growing demands. The Canadian subsidiary has been producing steam generators for over 60-years and has already supplied 315 steam generators around the world.

Each RR SMR reactor uses 3 steam generators to generate 470 MWe while utilising its pressurised water system. This MoU could include supporting the global roll out of Rolls-Royce’s SMR technology worldwide.

Collaboration is key when it comes to advanced technology and the nuclear industry. The power of a strong manufacturing partnership cannot be understated and with the increased focus on clean, reliable energy, this announcement could prove to be a pivotal move for both companies.

Official release; https://www.bwxt.com/bwxt-and-rolls-royce-smr-sign-agreements-advancing-key-nuclear-component-manufacturing/

Picture: BWXT

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Tihange 3: Modernising for a Resilient Nuclear Future

Belgium’s energy strategy is evolving, and Tihange 3 is at the centre of this transformation. As part of a landmark 2023 agreement between Engie and the Belgian government, the 1,030 MWe pressurised water reactor (PWR) —commissioned in 1985—will undergo a major modernisation to extend its operational life by a decade.

Framatome has been entrusted with upgrading the reactor’s rod control system, a critical component for safe and precise power regulation. The project involves replacing legacy control cabinets with Framatome’s advanced Rodline technology, ensuring enhanced reliability and automatic failover capabilities. This upgrade is not just technical—it’s strategic. It reflects Belgium’s pivot from nuclear phase-out to long-term energy security, driven by geopolitical realities and the need for low-carbon baseload power.

The modernisation aligns with broader European trends: leveraging proven nuclear assets while integrating cutting-edge instrumentation and control systems. For professionals in the nuclear sector, this initiative underscores the growing demand for expertise in life extension programs, digital modernisation, and regulatory compliance.

As Laurent Thieffry of Framatome notes, this partnership is “part of a long-term vision,” signalling opportunities for engineers, project managers, and innovators committed to shaping a resilient, sustainable energy future.

Full press release: https://newsroom.engie.com/actualites/closing-de-laccord-entre-engie-et-le-gouvernement-belge-df4b7-ff316.html

Picture: enercore.global

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