South Korean President Yoon Suk-yeol (right) and U.S. President Joe Biden hold a news conference after their summit in Seoul on May 21. South Korea and the United States officially declared their alliance in the nuclear power industry at the recent summit. Their cooperation is likely to revolve around advanced reactor and small modular reactor …
European countries have been scrambling to end their reliance on Russian gas since Vladimir Putin invaded Ukraine on February 24. Aside from exposing the EU’s dependence on Moscow’s energy exports, the war also aggravated an already crippling energy crisis as the wholesale costs of oil and gas skyrocketed. In a bid to slash electricity bills and boost energy security, European countries …
– Japan needs to make the best use of existing nuclear power capacity to defy soaring electricity prices, the head of the country’s utilities group said on Friday. Serious discussions are needed on nuclear power policy as the global liquefied natural gas (LNG) market may become even tighter in the event of disruption to Russian …
Newly released polling shows strong local support for extending the operations of the Diablo Canyon Nuclear Power Plant, California’s largest source of carbon free energy generation. Statewide support for extending operations of the plant was also strong, according to the poll conducted by FM3 Research. Gov. Gavin Newsom recently announced his intent to explore options to continue operations at the Diablo Canyon …
FINLAND’S government is under increasing pressure from its population to support nuclear power after agreeing to join NATO. Finland hails ‘historic day’ as it seeks to join Nato We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd …
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 …
