Nuclear power and the energy transition in Bulgaria

Brussels’ wish for ​​a relatively rapid decommissioning of the coal-fired power plants of European Union Member States has the potential to create huge imbalances in Bulgaria’s electricity system, writes Borislav Boev, a PhD student at D A Tsenov Academy of Economics.   “Over the last few years. the EU has made significant efforts to develop energy …

U.S. Department of Commerce Announces Draft Amendment to the Suspension Agreement on Uranium from the Russian Federation

Today, the U.S. Department of Commerce (Commerce) and the State Atomic Energy Corporation Rosatom (Rosatom), on behalf of the Government of the Russian Federation, initialed a draft amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation (Agreement), which was originally signed in 1992.  This amendment, if finalized, will extend the …

China ditches US nuclear technology in favour of home-grown alternative

The US-developed AP1000 technology was once the basis of China’s third-generation nuclear power But China’s Hualong One is now the preferred option China has switched from American nuclear power technology to a domestically developed alternative as worries over energy security and geopolitical uncertainties increase. The AP1000 technology, designed by America’s Westinghouse Electric Company, was once …

Duke Energy’s carbon reduction plans see ‘valuable’ role for nuclear

Integrated Resource Plans (IRPs) filed on 1 September by Duke Energy Carolinas and Duke Energy Progress demonstrate the valuable role nuclear and natural gas can play as part of a balanced portfolio, the two companies said. The plans outline a range of options to achieve varying levels of carbon reduction, including for the first time …

Working group: Comprehensive reform of nuclear energy legislation necessary

A working group that has examined the need to reform the nuclear energy legislation considers it necessary to launch a comprehensive legislative reform because of the ambiguity of the current legislation, changes in the operating environment of nuclear facilities and the expected developments. The working group submitted its final report to Minister of Economic Affairs …

What Will A Biden-Harris Administration Do For Nuclear Energy?

Probably more than the last five administrations, including the present one. That’s because nuclear energy can’t shine on the climate and low-carbon front until we actually have a climate plan we follow, something that has been lacking. As the Democratic Convention begins today, it is good to remember that all the leading climate scientists say we cannot …

Nuclear Energy for Non-Electric Applications Key for Climate Change Mitigation

Using nuclear energy to produce hydrogen, desalinate seawater and heat buildings can further enhance nuclear power’s contribution to climate action while also boosting its economic viability, speakers at a recent IAEA webinar said. Nuclear power accounts for around one-third of global low carbon electricity production. But in addition to powering millions of homes and businesses, …

Philippines takes ‘major step’ toward using nuclear power

The Philippines has taken a big step towards tapping nuclear power, its energy minister said on Wednesday, after President Rodrigo Duterte created an inter-agency panel to study the adoption of a national nuclear energy policy. As power demand soars in what has for years been among the world’s fastest-growing economies, Energy Secretary Alfonso Cusi has …

States are best-placed to value new nuclear, says lawyer

Only governments can properly value the benefits of nuclear power and their support is therefore necessary to secure financing for new-build projects, George Borovas, partner and head of nuclear at law firm Shearman & Sterling, said today. Borovas was speaking during an OECD-Nuclear Energy Agency webinar on its newly published Policy Brief, Unlocking financing for nuclear energy infrastructure …