UK to fund new nuclear power station as part of net zero drive

The UK government will announce plans to fund a new nuclear power plant before the 2024 election as part of its Net Zero strategy, The Telegraph reported https://www.telegraph.co.uk/news/2021/10/17/exclusive-government-fund-new-nuclear-power-station-part-net late on Sunday. “We are seeking to approve at least one more large-scale nuclear project in the next few years to strengthen energy security and create thousands …

Energy crisis sparks divide in Europe over nuclear power

The ongoing energy crisis has spurred division between France and Germany over expanding nuclear power. As energy prices continue to surge and shortages place energy infrastructure under increasing pressure, France is considering a new tack to shore up its energy mix. Per The Financial Times, President Emmanuel Macron is expected to soon approve the development of six small modular …

Will Boris fire up a new generation of nuclear power stations to finally fix Britain’s long-term energy needs?

Soaring gas prices, worldwide energy shortages, fears for energy security and an ambition to have net zero carbon by 2050 have put nuclear power back on the map after a decade in the cold. In the space of just a couple of weeks, the threat of rocketing gas bills and a winter of discontent with …

Nuclear power crucial to Japan’s net-zero goal: industry minister

Koichi Hagiuda, Japan’s new minister for economy, trade and industry, touched on the importance of nuclear power and Japanese chip production. (Photo by Tomohiro Ebuchi) Hagiuda plans to seek funding to invite TSMC chip plant TOKYO — Nuclear power is “indispensable” to decarbonizing Japan, industry minister Koichi Hagiuda said Tuesday, a sign that the new government under …

Boris Johnson pledges all UK electricity will be renewable or nuclear by 2035

The Prime Minister confirmed he plans to announce a commitment to scale back fossil fuels at the Tory conference in Manchester Boris Johnson has confirmed plans for all of Britain’s electricity to come from renewable sources by 2035 as he seeks to reduce the country’s dependence on gas and other fossil fuels. The Prime Minister …

France pushing to strengthen EU’s energy independence as gas prices soar

KEY POINTS “It is crucial to diversify energy supply and reduce European dependency on gas-exporting countries as fast as possible,” Le Maire said in a letter last week. Some national EU governments, namely Spain, have asked for a European response to the spike in energy prices. The European Commission, the executive arm of the EU, …