South Korea’s SK Group has signed a Memorandum of Understanding (MoU) with TerraPower of the USA to jointly develop “next-generational technologies” needed for small modular reactors (SMRs). The MoU was signed on 17 May in Seoul by SK Inc Vice Chairman Jang Dong-hyun, SK Innovation Vice Chairman Kim Jun and TerraPower CEO Chris Levesque. SK said …
Dive Brief: Duke Energy has identified two potential pathways, including four final portfolios, that would enable the 70% carbon reduction required by state law in North Carolina by 2030. Each of the plans would see all coal power plants retired by 2035, add 3,700-5,900 MW in new renewable energy resources, and lay the groundwork for the eventual dispatch of …
Manchin: It’s imperative that America increases responsible energy production to contribute to a strong North American Energy Alliance Today, U.S. Senator Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, delivered the following remarks during a full committee hearing to examine ways to strengthen the energy and mineral partnership between the U.S. …
Two utility industry trade groups have asked for more time for their members to consider applying for funds under a new federal program to stop nuclear generators from shutting down. Edison Electric Institute and Nuclear Energy Institute made the request to Energy Secretary Jennifer Granholm in a letter sent on Monday. Under the program, which …
The French energy firm has issued a statement following comments by the business secretary over the cost to consumers of building more nuclear plants in the UK French energy giant EDF claims its Somerset nuclear power plant would be able to save UK consumers more than £1bn on energy bills this year alone if it …
The support for nuclear power in Finland is higher than ever. This is the result from a survey carried out by Kantar Public for Finnish Energy. According to Finnish Energy’s press release, 60% of respondents have a positive attitude towards nuclear power, while only 11% take a negative stance. The survey material was collected in …
The invasion of Ukraine has triggered countries worldwide to end their dependency on Russian gas supplies. And while for some like the US, this means at least temporarily increasing national oil and gas outputs, global leaders must not forget their climate pledges in a bid to halt global warming. For many, achieving carbon neutrality means diversifying …
The South Korean government announced on May 11 that the construction of Shin Hanul Nuclear Power Plant Units 3 and 4 would start in 2025 and an application would be made next year so that Kori Units 2 can be operated beyond its service life. In the same context, it is going to change laws …
A major Japanese steel-maker is calling for a quicker restart of nuclear reactors that were idled after the Fukushima disaster more than a decade ago as it grapples with soaring energy costs. Tokyo Steel Manufacturing Co., Japan’s biggest producer of steel made from scrap, said more nuclear power generation was essential to revive the competitiveness …
Russia’s invasion of Ukraine on 24 February 2022 shook the world to its core. Unsurprisingly, the vast majority of states didn’t hesitate to publicly condemn Russia’s unilateral aggression and express solidarity with Ukraine. Japan was no exception. Tokyo has joined the international response to Putin’s aggression by imposing sanctions on Russia on an unprecedented scale. The impact …
