China to start building 6-8 new reactors this year -govt

BEIJING, March 7 (Reuters) – China plans to start construction on six to eight nuclear reactors this year and raise its total nuclear generating capacity by as much as 6 gigawatts, the country’s energy administration said on Wednesday. The National Energy Administration said China also aimed to complete two long-delayed, foreign-designed third-generation reactor projects this …

Five reasons nuclear energy will rebound in 2018

Nuclear energy has faced serious challenges in recent years because of several factors: competition from low gas prices, subsidised renewables and slow growth in electricity demand in certain markets. But because of several powerful forces we are seeing signs that this year nuclear energy will come roaring back, writes Jarret Adams. Several nuclear plants have …

Taipower request to restart nuclear plant reactor approved

Taipei, March 5 (CNA) Taiwan Power Co.’s (Taipower’s) application to restart the second reactor at its No. 2 nuclear plant in New Taipei’s Wanli District has gained approval from the Atomic Energy Council (AEC) following a 30-day safety review, according to the results of the AEC safety review released Monday. Taipower’s application will now proceed …

China remains guaranteed uranium market for Kazakhstan

Kazakhstan, the world’s leading uranium producer, and China, the prospective global leader in nuclear-based power generation, are looking to benefit from mutual energy cooperation in the foreseeable future. Air quality, especially in major industrial agglomerates, along with strong dependence on oil, and rapidly growing electricity consumption remain China’s formidable energy challenges. However, for the last …

PSEG to Wall Street: We’re serious about closing New Jersey’s nuclear power plants

Despite robust growth in earnings, the head of New Jersey’s largest power utility told Wall Street analysts he’d make good on his pledge to close the state’s remaining nuclear power plants unless lawmakers agree to a surcharge to keep them profitable. And that surcharge would come in the form of higher utility bills for customers …