EU states delay green finance guide, leave it open to nuclear power

A set of European Union standards to determine which financial products qualify as “green” should be delayed until the end of 2022, EU governments agreed on Wednesday, stirring concern because the guidelines might end up including investments in nuclear power. The delay, if confirmed by EU lawmakers, could slow the growth of the $200 billion …

Energy is the new bridge in US-India relationship

With state-run Petronet LNG Ltd announcing its plans to invest in Tellurian Inc’s US Gulf Coast project, energy has cemented its place as the new bridge in the India-US bilateral relationship. Given that defence partnership was the cornerstone around New Delhi’s engagement with Washington, the LNG sourcing announcement and the CEO’s roundtable held during Indian …

S. Korean Gov’t to Revamps Nuclear Power Export Strategy

The South Korean government has decided to promote nuclear technology exports to revive the domestic nuclear power industry, which is having difficulty due to the nuclear phase-out policy. For starters, the focus of the nuclear export strategy will shift from construction of nuclear power plants overseas to the full cycle of nuclear power generation ranging …

CGN releases sustainable development report in France

CGN released a 2018 Global Sustainable Development Report in Paris, capital of France, on Sept 3 to detail its actions and contributions to economic, environmental, and societal sustainable development. It is the first time that a Chinese enterprise released a sustainable development report in France. More than 150 people, including Lu Shaye, Chinese ambassador to …

Uganda to use its uranium deposits for nuclear power

Russia and Uganda have agreed to work together in the field of nuclear energy, the Russian nuclear agency Rosatom said Wednesday. This comes as Moscow seeks to strengthen its influence in Africa. State-owned Russian companies have been key part of the strategy to bolster Moscow’s presence in Africa. President Yoweri Museveni is seeking to use …

Uranium Week: Ups And Downs

The importance of nuclear energy for the transition toward a clean and affordable energy system was highlighted at the 24th World Energy Congress in Abu Dhabi this week, industry consultant TradeTech reports. During a nuclear industry panel, Mohamed Al Hammadi, CEO of Emirates Nuclear Energy Corp, noted that nuclear technologies are “proven, economically viable, safe, …

Disputing colleague, new Japan minister calls no-nukes policy ‘unrealistic’

Ridding Japan of nuclear power completely is unrealistic, the new industry minister said on Thursday, toeing the government’s line but contradicting comments made a day earlier by the new environment minister. “There are risks and fears about nuclear power,” industry and trade minister Isshu Sugawara told reporters a day after his appointment by Prime Minister …