While the opposition insists on keeping the power plants open beyond the scheduled timeline, the government closes ranks around renewables The unprecedented blackout that struck mainland Spain and Portugal earlier this week has reignited the cultural and political battle over the future of nuclear energy. Spain’s current energy roadmap — endorsed by the European Commission — outlines …
The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units. Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read …
A third round of federal loans has been approved to support the restart of the Palisades Nuclear Plant in Van Buren County, Michigan. U.S. Department of Energy Secretary Chris Wright made the disbursement announcement Wednesday, releasing $46,709,358 from a total $1.52 billion loan guarantee to Holtec International. The federal loan with the Loan Programs Office …
On March 24, the Nuclear Energy Subcommittee held its first meeting since the Cabinet approved the 7th Strategic Energy Plan on February 18. The subcommittee—part of the Japanese government’s Advisory Committee for Natural Resources and Energy—is chaired by Professor KUROSAKI Ken of Kyoto University’s Institute for Integrated Radiation and Nuclear Science (KURNS). The session began …
Brazil’s state-run nuclear company Eletronuclear would be able to complete its Angra 3 plant even after energy giant Eletrobras (ELET6.SA), opens new tab sells its minority stake in the firm, Eletronuclear CEO Raul Lycurgo told Reuters on Friday. The remarks come as formerly state-run Eletrobras moves to sell the 35% common-share stake it maintained in Eletronuclear after transferring control …
Japan should accelerate its efforts to revive some of the country’s dormant nuclear power plants to meet growing demand for electricity, according to the head of the International Energy Agency. “The restart of nuclear power plants is critical,” Fatih Birol, executive director of the Paris-based intergovernmental organization, said at an event in Tokyo on Thursday. …
Electricity restart for Germany with nuclear energy: Safe. Affordable. Always available. Now! Germany has voted – and is now facing another decisive election. It is time to make the right decision now for a stable and sustainable energy policy. Because deindustrialization, excessively high electricity prices, dependence on electricity imports and the uncertain supply situation must …
Fukui Gov. Tatsuji Sugimoto on Monday effectively gave the green light for the continued operations of three aging nuclear reactors in the prefecture from next fiscal year. Sugimoto approved Kansai Electric Power’s revised road map for shipping spent nuclear fuel from the No. 3 reactor at the Mihama nuclear plant and the No. 1 and …
New nuclear power production capacity is not commercially viable to build for now, based on the current Nordic power market outlook of low prices, Finnish utility Fortum (FORTUM.HE), opens new tab said on Monday. The company on Monday concluded a two-year study into the feasibility of new nuclear power but said it would focus on renewable energy …
U.S. Department of Energy Secretary Chris Wright today announced the release of the second loan disbursement to Holtec for the Palisades Nuclear Plant. U.S. Department of Energy (DOE) Secretary Chris Wright today announced the release of the second loan disbursement to Holtec for the Palisades Nuclear Plant. Today’s action releases $56,787,300 of the up to …
