Global energy investment in 2017

The electricity sector attracted the largest share of energy investments in 2017, sustained by robust spending on grids, exceeding the oil and gas industry for the second year in row, as the energy sector moves toward greater electrification, according to the International Energy Agency’s latest review of global energy spending. Global energy investment totalled USD 1.8 trillion …

Bangladesh: Nod for Bangladesh’s second 1,200 Megawatt nuclear power plant

Construction work for Bangladesh’s second nuclear power plant will start soon with the Bangladesh Atomic Energy Regulatory Authority (BAERA) granting licence to the Bangladesh Atomic Energy Commission, said ASE Group of Companies, a part of Rosatom State Atomic Energy Corp (Rosatom). India will also participate in the Bangladesh nuclear power project in construction and installation work and supply …

New Brunswick should have second nuclear reactor: energy minister

New Brunswick’s energy minister says he’d like to see another nuclear reactor built in the Maritime province. Rick Doucet said the development of small modular reactors could present a significant economic and export opportunity. “Canada and New Brunswick have an opportunity to become world leaders in the SMR technology and into bringing a clean, new …

A Double First in China for Advanced Nuclear Reactors

Safer reactors designed in the U.S. and Europe make their power grid debuts in China Nine years after construction began at China’s Sanmen nuclear power plant, the world’s first AP1000 unit has connected to the grid. Call it the world’s slowest photo finish. After several decades of engineering, construction flaws and delays, and cost overruns—a …

Turkey’s Erdogan, Japanese PM discuss speeding up nuclear plant construction

ANKARA, June 28 (Reuters) – Turkish President Tayyip Erdogan and Japanese Prime Minister Shinzo Abe discussed speeding up construction of a nuclear power plant in the Black Sea province of Sinop in a telephone call on Thursday, a Turkish presidential source said. Ankara signed an agreement in 2013 with a Japanese-French consortium to build the …