Czech energy company CEZ is expected to move ahead with the Dukovany Nuclear Power Station construction project with either Korea Hydro & Nuclear Power or Rosatom of Russia. The Czech government is planning to send an invitation to bid within this year before the bidding scheduled for next year and partner selection in 2022. The …
Energy markets and sectors were quick to react to the news that Joe Biden was declared the winner of the 2020 race to the White House. After natural gas-rich Pennsylvania fell Biden’s way in ballot counting Nov. 7, media organizations The Associated Press, CNN and Fox, among others, declared Biden the winner of the election, …
TOKYO — Japan’s new prime minister, Yoshihide Suga, committed his country on Monday to reaching a target of zero emissions of greenhouse gases and achieving a carbon-neutral society by 2050, with a “fundamental shift” in policy on coal use. Suga outlined the major move in his country’s attitude toward climate change in his first policy …
The solar panels outside the visitor’s center in Blanding, Utah produce enough electricity that the city can sell some of that power back to the grid, according to City Manager Jeremy Redd. But that’s only when the sun is shining. “You have intermittent sources of power and I think those are super important, and I …
The US Department of Energy has approved a cost-share award of more than USD1 billion for the construction of the first NuScale small modular reactor power plant in the USA. Meanwhile, the US International Development Finance Corporation has signed a Letter of Intent to support NuScale in the development of nuclear generating capacity in South …
Nuclear energy could help the UK achieve net-zero carbon emissions by 2050, not only through the generation of low-carbon electricity but also by fully utilising the generated heat, according to a policy briefing published yesterday by the Royal Society. This heat could be used to heat homes, produce hydrogen and decarbonise industry, it says. The …
Most respondents to UxC’s annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said. UxC’s biannual survey asks utilities and …
The U.K. government is considering taking an equity stake in new nuclear stations as part of the financing measures being put forward to try to get at least one more project built. The U.K. Treasury is looking at having “a portion of equity from the government being invested” as a way of backing nuclear energy, …
US President Donald Trump has declared a “national emergency” to deal with the threat to the USA’s security, foreign policy and economy from its “undue reliance” on supplies of critical minerals from “foreign adversaries”. The country must also expand and strengthen domestic mining and processing capacity for all minerals to guard against the possibility of …
Nuclear power must have a seat at the table in global discussions over energy policies to curb emissions and meet climate goals, as technical and scientific advances open the door to better economics and greater public acceptance of this low carbon source of energy. These are some of the conclusions of this year’s IAEA Scientific …