– 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 …
New generation nuclear power stations might be crucial to achieving the target of zero emissions by mid-century and staving off the worst of the climate crisis, a new study published in the journal Nature Energy suggests. Solar power and wind are key to hitting this goal, but they might not be enough without major investments, or in places without …
KEY POINTS French Finance Minister Bruno Le Maire told CNBC on Friday that the country’s decision to bet big on nuclear power was driven by geopolitical concerns and the desire to achieve “total energy independence. The move controversially places atomic power at the center of France’s bid to achieve carbon neutrality by the middle of …
DOE Seeks Public Input on Executing the Bipartisan Infrastructure Law’s Civil Nuclear Credit Program to Ensure Continued Operation of Clean, Reliable Nuclear Energy WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today released a Notice of Intent (NOI) and Request for Information (RFI) on the implementation of the Bipartisan Infrastructure Law’s $6 billion Civil Nuclear Credit Program. The nuclear credit …
French President Emmanuel Macron visits a nuclear turbine factory in Belfort, eastern France, on February 10, 2022. © Jean-François Badias, AFP France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country’s drive for carbon neutrality by 2050 Macron said the new …
The cooling towers of the still-under-construction Plant Vogtle nuclear energy facility are seen, March 22, 2019 in Waynesboro, Ga. Nuclear power is getting a second look from congressional lawmakers as energy costs soar across the country, supply chain problems continue and President Biden pushes a robust climate change agenda to curb greenhouse gas emissions by …
