Tesla CEO Elon Musk called for Europe to increase its nuclear energy production by restarting dormant nuclear power stations on Monday, as Western government grapple with how they will potentially replace Russian energy exports in the event of a sweeping embargo on the country’s oil. “Hopefully, it is now extremely obvious that Europe should restart …
FILE PHOTO: The Bataan Nuclear Power Plant is seen during a media tour around the BNPP compound in Morong town, Bataan province, Philippines Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing out of coal-fired power plants and after earlier …
1. Brazilian officials want to finish construction of Angra 3, a nuclear power project stalled for several years. The reactor would join two older reactors at the Angra site that have operated since 1982 and 2000, respectively. Courtesy: Eletronuclear A government agency that supports research into Brazil’s energy sector has forecast a significant jump in …
Dive Brief: Public Service Enterprise Group (PSEG) has completed the sale of its fossil fuel generation portfolio, including 6,750 MW in New Jersey, Connecticut, Maryland and New York. That leaves the company more than 90% regulated and focused on reaching net-zero emissions by 2030, company leaders said Thursday during PSEG’s Q4 2021 earnings call with analysts. PSEG is now focused on “clean …
More than 230 “experts and concerned citizens” signed a letter written by advocacy group Protect Nuclear Now begging Michigan Gov. Gretchen Whitmer (D) not to close the state’s Palisades nuclear plant, according to a statement the group released Wednesday. Palisades is one of three nuclear plants in Michigan and provides enough carbon-free electricity to power 800,000 homes, according to the state’s energy …
– Main opposition presidential candidate Yoon Suk-yeol on Monday vowed to scrap the current Moon Jae-in government’s nuclear phase-out policy, saying he will make South Korea a powerhouse in nuclear power generation. “I will recover the ecosystem of nuclear power generation and advance safe nuclear technologies so that they can become a core engine to …
Company announces rights issue to plug balance sheet Nuclear outages seen reducing core profit by 11 bln euros Selling power below market prices means an 8 bln euro hit The French state said on Friday it will inject around 2.1 billion euros ($2.39 billion) into EDF (EDF.PA) to ease the financial pain inflicted by nuclear reactors going …
Brief: The Department of Energy (DOE) will spend $6 billion on a program designed to keep nuclear power plants from closing, according to a notice of intent published last week. The department’s Civil Nuclear Credit Program is backed by funding from the bipartisan Infrastructure Investment and Jobs Act signed into law in November. The program will …
Smoke rises from a chimney at the Bugey Nuclear Power Plant in Saint-Vulbas, France, on Jan. 25. A dispatch from a possible 2072. The year is 2072. Any hope of limiting global warming to 1.5 degrees Celsius is long dead. Earth’s mean temperature is about 2.1 degrees Celsius above preindustrial levels—and climbing still, with human …
The Government of the Russian Federation will allocate about RUB100 billion ($1.3bn) for new nuclear projects, Prime Minister Mikhail Mishustin announced on 11 February. Projects for the creation of new nuclear power facilities will receive about RUB56 billion from the National Wealth Fund (NWF), another RUB40 billion will be allocated from the budget. “We have …