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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

Automatic Shutdown of Unit 3 at Oi Nuclear Power Plant During Operation; Kansai Electric Power to Investigate Cause from the 12th

Unit 3 of the Oi Nuclear Power Plant in Fukui Prefecture, Japan, experienced an automatic shutdown during operation in the early hours of the 9th. Operator Kansai Electric Power stated that the fault is related to an internal abnormality in the generator and plans to formally begin a cause investigation from the 12th. Currently, there is no clear timeline for when the unit can resume operation. According to reports, an alarm related to loss of magnetic field occurred inside the generator used for power generation at the time of the incident, after which the generator stopped, and the reactor in operation also automatically shut down. On the 10th, Kansai Electric Power visited the Fukui Prefectural Government to apologize for the fault and report on subsequent response measures. Yuichiro Sakamoto, head of the Fukui Prefecture Disaster Prevention and Safety Division, pointed out that following a steam leak fault at Mihama Nuclear Power Plant Unit 3 in May this year, an unexpected emergency shutdown of a reactor in operation occurring within a short period may undermine public trust in nuclear safety. Local government authorities have demanded that the operator promptly identify the cause and implement measures to prevent similar issues from recurring.

2026-08-11

Linn County, Iowa, rejects rezoning application for data center site near nuclear power plant

The Linn County Board of Supervisors in Iowa said Monday it will not proceed with amendments to the EU-2 zoning district. This decision means that large data centers will not be permitted to be built near nuclear facilities through this zoning rule for the time being. The current EU-2 zoning primarily allows for nuclear power generation facilities, nuclear waste storage facilities, and natural gas power generation facilities, and does not list large data centers as permitted uses. The zoning adjustment drew attention due to the potential restart of the Duane Arnold Energy Center near Palo. If the nuclear facility were to resume operations, it could provide a stable power source for energy-intensive data centers, prompting interest from data center companies in surrounding...

2026-08-11

South Korea's semiconductor cluster adds about 21 GW of new power demand; government to study whether to build new nuclear units

South Korea's Minister of Climate, Energy and Environment, Kim Sung-hwan, said on the 10th that the new electricity demand from the Yongin—Hoseon semiconductor industry cluster is approximately 21 GW, equivalent to the power supply capacity of about 15 nuclear units based on an estimate of 1.4 GW per unit. The Ministry of Climate, Energy and Environment plans to seek expert and public opinions before announcing the 12th Basic Plan for Electricity Supply and Demand in October, and will decide accordingly whether to push for the construction of new nuclear units. Kim Sung-hwan stated that the electricity demand of the semiconductor industry has increased significantly compared to the past. The South Korean government has decided to raise renewable energy capacity from 78 GW to 100 GW by 2030, but whether the increase in renewable energy alone can meet the new demand still requires further assessment.

2026-08-11

TAF-ID database 22nd edition released, expanding advanced nuclear fuel thermodynamic evaluation data

The International Thermodynamic Database for Advanced Fuels (TAF-ID) project has been running for over a decade. The project employs the CALPHAD (Calculation of Phase Diagrams) method to develop a thermodynamic database that supports computational analysis of advanced nuclear fuel materials, enabling prediction of phase diagrams and thermodynamic properties of relevant systems. According to project documentation, Version 22 of the TAF-ID database has been released. This update adds and revises assessment data for material systems including Na-U, Na-O, Na-UO₂, U-Ru, U-Si, Al-Si-U, Fe-Pu-U, and O-N-U, and updates gas-phase data based on the latest publicly available information. The database assessment scope has been expanded to 44 elements, 272 binary systems, 151 ternary systems, and 3...

2026-08-11

Unit 2 of Romania's Cernavoda Nuclear Power Plant Still at Risk of Shutdown

Ionel Scrioșteanu, State Secretary of Romania's Ministry of Transport and Infrastructure, stated that Unit 2 of the Cernavoda Nuclear Power Plant is currently still in operation, but the risk of shutdown has not been eliminated. On August 8, Romanian authorities took emergency measures by sinking four fully loaded barges into the Danube River to raise local water levels, increasing the water intake into the plant's cooling water system to ensure the cooling needs of the reactor units. Scrioșteanu said on social media that the related actions have achieved positive results, allowing Unit 2 of the Cernavoda Nuclear Power Plant to continue operating...

2026-08-11

SPIC Nuclear Conventional Island Quality Supervision Sub-station Conducts Pre-FCD Supervision and Inspection on Unit 2 of Guangxi Bailong Nuclear Power Plant

Recently, the Nuclear Conventional Island Engineering Quality Supervision Sub-station of State Power Investment Corporation (hereinafter referred to as the SPIC Sub-station) completed the first and pre-FCD quality supervision and inspection of the conventional island of Unit 2 of Phase I of the Guangxi Bailong Nuclear Power Plant. The inspection adopted a cross-supervision model, coordinated by the Nuclear Conventional Island Engineering Quality Supervision Station, with the directly affiliated project station organizing a supervision team of senior industry experts, and the SPIC Sub-station providing full coordination and support throughout the process. This initiative aims to break long-standing inertial thinking and leverage external perspectives to identify management blind spots and quality hazards that may have been overlooked. Yin Jingfeng, Executive Deputy Director of the Nuclear Conventional Island Engineering Quality Supervision Group, attended the event and made work arrangements, with project leaders from the construction unit and all participating units fully involved in the supervision and inspection.

2026-08-11

Taishan Nuclear Power Holds 2026 Mid-Year Work Conference and First-Half Business Operation Analysis Meeting

On August 5, Taishan Nuclear Power held its 2026 Mid-Year Work Conference and First-Half Business Operation Analysis Meeting to thoroughly study and implement the spirit of General Secretary Xi Jinping's important instructions, convey and implement the spirit of CGN Group's Mid-Year Work Conference and First-Half Business Operation Analysis Meeting, summarize the company's first-half business performance, analyze the current situation and challenges, and arrange key tasks for the second half of the year. Liu Dan, Secretary of the Company Party Committee and Chairman of the Board, attended and delivered a speech. Shu Liang, Deputy Secretary of the Company Party Committee, Director, and General Manager, presided over the meeting. Members of the company's leadership team reported on their progress in leading key initiatives. Shu Liang conveyed the spirit of the Group's Mid-Year Work Conference and First-Half Business Operation Analysis Meeting and reported on the first-half business performance...

2026-08-10

Unit 2 of Leningrad Nuclear Power Plant Phase II automatically shut down for equipment maintenance

At 21:45 local time on August 8, 2026, Unit 2 of Leningrad Nuclear Power Plant Phase II was shut down by the automatic system due to the need for thermal-mechanical equipment maintenance. After the maintenance work is completed, the unit will be reconnected to the grid. The shutdown was carried out in accordance with established procedures and design logic. The plant reported no violations of safe operation limits or operating conditions for any of the units. Currently, RBMK-1000 Units 3 and 4 of Leningrad Nuclear Power Plant, as well as Unit 1 of Phase II, are operating normally and carrying electrical loads in accordance with the dispatch schedule. RBMK-1000 Units 1 and 2 are in the preparation stage for decommissioning...

2026-08-10

UK Sizewell C Nuclear Power Station Financing Finalized, Project Worth Over £26 Billion to Supply Power for 60 Years

The Sizewell C nuclear power station project in the UK has completed its final financing arrangements, marking the official entry into the definitive construction phase of this large-scale nuclear project with a total investment target of approximately £38 billion, equivalent to around RMB 261 billion. Located on the Suffolk coast of England, the project will feature two EPR Generation III pressurised water reactor units, with a total installed capacity of approximately 3.2 gigawatts and a design operational lifespan expected to reach 60 years. This project holds significant importance for the UK's energy system. In recent years, the UK has faced the dual pressures of accelerating the phase-out of ageing fossil fuel infrastructure on one hand, and managing the variability of renewable energy and growing electricity demand on the other. Once completed, Sizewell C will provide long...

2026-08-10

Grand Pharma's FAP-targeted diagnostic radiopharmaceutical GPN01530-2 receives FDA Fast Track designation

On August 9, 2026, Grand Pharmaceutical issued a voluntary announcement stating that its self-developed global innovative radionuclide drug conjugate GPN01530-2 has recently been granted Fast Track designation by the U.S. Food and Drug Administration (FDA) for the diagnosis of solid tumors. Previously, the product had already been approved by the FDA to conduct Phase I/II clinical studies for the diagnosis of solid tumors. GPN01530-2 is a small-molecule radionuclide drug conjugate (RDC) targeting fibroblast activation protein (FAP). Data shows that FAP is not expressed or is lowly expressed in normal tissues, but is highly expressed in tumor-associated fibroblasts within the tumor microenvironment of various cancers, and is considered a novel specific target in the field of tumor diagnosis and treatment...

2026-08-10

Belarusian NPP safe operation period may be extended to 100 years, with first spent fuel to be shipped to Russia for reprocessing in 2034

Stanislav Levitsky, head of the Rosatom representative office in Belarus, stated on the "Economic Environment" program of Belarusian TV Channel One that Belarusian nuclear energy development is backed by comprehensive safety assurances. He emphasized that while nuclear facilities can indeed have serious consequences if mismanaged, under the existing risk control system and modern technological support at the Belarusian NPP, nuclear power can become a low-cost, stable, and safe energy source. Levitsky believes that amid intense competition in the energy sector, some irresponsible players may use information tactics to create anxiety and attempt to provoke panic among the public...

2026-08-10

South Korea to Resume Actinium-225 Production Next Year to Ease Shortage of Raw Materials for Anti-Cancer Radiopharmaceuticals

South Korea's domestic production project for actinium-225 (Ac-225), a radioisotope used in next-generation cancer treatment, is expected to resume next year after being stalled for more than a year. Funding was secured in the first half of this year, and the Korea Institute of Radiological & Medical Sciences (KIRAMS) plans to complete facility construction and trial production before launching full-scale production in the second half of next year, aiming to alleviate the raw material shortage facing domestic clinical research and radiopharmaceutical development. KIRAMS is affiliated with the Ministry of Science and ICT. The institute received approval from the Nuclear Safety and Security Commission in May last year to produce Ac-225 using a cyclotron. The project first entered the review process in 2018 and took seven years to gain approval, with initial production originally planned by the end of last year. However, work on upgrading production facilities and procuring equipment was suspended after approximately 2 billion KRW in budget was not approved during parliamentary review.

2026-08-10

Hanford Site Completes Radioactive Waste Removal from 24th Underground Tank

The Hanford team under the U.S. Department of Energy Office of Environmental Management recently continued its tank cleanup mission, removing radioactive waste from the 24th underground single-shell tank. The cleanup targeted the A-106 single-shell tank. In less than seven months, Hanford Tank Waste Treatment and Storage Project workers transferred approximately 79,000 gallons of waste that had been stored for decades into a double-shell tank for continued safe storage. During operations, the contractor first used water to dissolve salt-based waste on the tank surfaces, then reused the transferred liquid waste to mobilize sludge. This method had last been used nearly a decade ago. The Hanford Site produced plutonium for U.S. nuclear weapons programs between 1944 and 1989...

2026-08-10

Vietnam's Nuclear and Radiation Safety Inspectorate Accelerates Year-End Efforts: Surprise Inspections + 20 National Standards + Institutional Closure

Vietnam's Radiation Protection and Nuclear Safety Inspectorate (ATBXHN) entered an accelerated implementation phase for key tasks in the final months of 2026, with work priorities including completing the annual inspection plan, strengthening surprise inspections of facilities showing signs of violations, strictly handling violations in accordance with the law, and promptly completing the legal framework for inspection, review, and supervision in the field of radiation protection and nuclear safety. Pham Xuan Linh, Chief Inspector of Nuclear Safety and Security of Vietnam, stated that the relevant inspections are not only aimed at detecting and handling violations but also at enhancing legal compliance awareness among organizations and individuals engaged in atomic energy activities, ensuring nuclear and radiation safety, and protecting public health and the environment. According to the year-end work arrangements, the inspectorate will concentrate...

2026-08-10