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Tag: Fuel

Financial Analyst Cover Letter Example to Fuel Your Creative Writing

February 6, 2022
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| Resumes

Financial analysts supply businesses and individuals with the insights they need to make better decisions. They carefully analyze market data and other information to predict the outcome of investments and other financial decisions. 

Most of the time, you are focused on generating wealth for others. But you should also think about your prospects too. Confident progression over the career ladder is key to improving your financial prospects. 

To make this happen, you have to sell yourself to potential employers. You begin that task with a great financial analyst cover letter. 

Cover Letter Example for a Financial Analyst (Word version)

Here is a detailed sample letter to use as a reference for writing your cover letter. In this case, the letter is written by someone in search of an entry-level job upon graduating from college. However, the content here does a great job of exemplifying what should be included in a cover letter for professionals at any stage of their career. …

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SMRs May Replace Polish Coal; GE Hitachi in Fuel Supply Pact

September 27, 2021
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Poland’s push for nuclear power could include repurposing of coal-fired power plants with small modular reactor (SMR) technology from NuScale Power. NuScale on Sept. 23 announced it had signed a memorandum of understanding (MOU) with two Polish companies, KGHM Polska Miedź S.A. (KGHM), and Piela Business Engineering (PBE), to explore how NuScale’s technology could be used to provide electricity and heat for KGHM’s industrial processes along with cleaner power for the country.

NuScale then later Thursday said it had signed an MOU with Oklahoma-based energy company Getka Group (Getka) and Poland’s UNIMOT S.A. (UNIMOT) that also looks at deploying NuScale’s SMRs, again to repurpose Polish coal-fired power plants. Getka is an integrated energy company providing construction, and delivery of petroleum, refined products, and alternative energy. UNIMOT is a multi-energy capital group that offers its wholesale and retail customers fuel products, gas and electricity, including renewable energy. 

Poland, which relies heavily on coal, was the only member of the European Union not to commit to climate neutrality by 2050 when the EU set the target in 2019.…

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Fuel Loading Only Major Milestone Left for Vogtle Unit 3 Nuclear Project

July 30, 2021
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The post Fuel Loading Only Major Milestone Left for Vogtle Unit 3 Nuclear Project appeared first on POWER Magazine.

Tom Fanning, CEO of Southern Company, reported during the company’s earnings call on July 29 that hot functional testing (HFT) had been completed on Vogtle Unit 3, and that the “next and final major milestone” is fuel load. “We project fuel load to occur sometime near year-end 2021 or early in 2022,” he said.

The Vogtle nuclear power plant expansion project includes the addition of two new Westinghouse AP1000 reactors—Units 3 and 4 at a site near Waynesboro, Georgia, that has two existing units. (Unit 1 began operation in 1987 and Unit 2 began operation in 1989.) The project is owned by four partners—Southern Company subsidiary Georgia Power (45.7%), Oglethorpe Power Corp. (30%), Municipal Electric Authority of Georgia (MEAG Power, 22.7%), and Dalton Utilities (1.6%).

Construction on Unit 3 and 4 has been a long, drawn-out process. Southern Nuclear (a subsidiary of Southern Company) filed for an early site permit (ESP) application with the Nuclear Regulatory Commission (NRC) in August 2006.…

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Key Pre-Demolition Considerations for Fossil Fuel Power Plants

March 31, 2021
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The post Key Pre-Demolition Considerations for Fossil Fuel Power Plants appeared first on POWER Magazine.

As the existing electric generation infrastructure matures, electric generation system owners are looking to the future for newer and greener technologies to meet the demands of electric consumption. An important part of this future perspective may include the demolition and removal of older generation plants and facilities to free up land resources for new development. 

Prior to the physical work of demolition, there are a number of key considerations that need to be addressed to enable the closeout of one chapter to facilitate the emergence of a new chapter. 

It can be safely assumed that all fossil-fueled plants maintained a requisite host of permits, licenses, and regulatory requirements that need to be properly closed out prior to filing for a demolition permit and initiation of physical work. All of these have a variety of lead times that may precede the actual demolition permit or are coincident with it.…

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Centrus on Track to Produce HALEU Nuclear Fuel Material by Early 2022

March 27, 2021
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The post Centrus on Track to Produce HALEU Nuclear Fuel Material by Early 2022 appeared first on POWER Magazine.

Centrus Energy, a firm under contract with the U.S. Department of Energy (DOE) to demonstrate production of high-assay low-enriched uranium (HALEU) with domestic technology, says it expects to begin producing the advanced nuclear fuel material by June 2022 at the American Centrifuge Plant in Piketon, Ohio.

Centrus President and CEO Daniel Poneman said on March 23 that the company has kept construction of a cascade of 16 AC100M centrifuges on track despite the pandemic. The facility is being built and licensed under $ 115 million, cost-shared contract with the DOE that runs through May 2022. If completed as planned, Centrus expects its Piketon, Ohio, facility will “become the first plant in the nation licensed to produce HALEU, with enrichment levels up to a U-235 concentration just below 20%.” 

The Urgency for HALEU

As POWER has reported, HALEU—a nuclear fuel material that is enriched to a higher degree (of between 5% and 20%) in the fissile isotope U-235—is not commercially available in the U.S.…

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Vogtle Receives First Shipment of Nuclear Fuel

December 11, 2020
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The post Vogtle Receives First Shipment of Nuclear Fuel appeared first on POWER Magazine.

The two-unit expansion of the Vogtle nuclear power plant in Georgia reached another milestone as Georgia Power received the first shipment of nuclear fuel for Unit 3 of the project.

The utility on Dec. 9 said receipt of the fuel follows completion and inspection of several construction areas at the site in Waynesboro, Georgia. Those areas included the fuel vault and spent fuel pool. The fuel handling area of Unit 3 has been turned over to the operations staff; Georgia Power said the Vogtle site has “implemented specific and comprehensive policies, procedures and security measures to safely receive, handle and store the nuclear fuel.”

The Vogtle expansion is adding two, 1,100-MW AP1000 reactors to the nuclear plant, where two other reactors—Units 1 and 2—have operated since 1987 and 1989, respectively. The team leading the expansion, a project which would provide the U.S. with the country’s first new large-scale nuclear reactors in more than 30 years, earlier this year successfully completed the pre-startup review process conducted by the World Association of Nuclear Operators.…

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