Energy Secretary Rick Perry will fly to London this week to discuss a nuclear cooperation agreement with senior officials from Saudi Arabia, which is planning to build two reactors along the Persian Gulf, according to an administration official. Perry was originally scheduled to take part in meetings with Mexican officials, but Mexico’s president, Enrique Peña Nieto, canceled …
SEOUL, Feb. 27 (Yonhap) — South Korea will closely work with the United Arab Emirates (UAE) to begin operation of the Middle Eastern nation’s first nuclear power plant and seek ways to enter new markets, Seoul’s energy ministry said Tuesday. As part of a joint venture between state-run Korea Electric Power Corp. and the Emirates …
NEW DELHI: India and France are likely to sign a framework agreement for expediting the Jaitapur nuclear power plant project during French President Emmanuel Macron’s visit next month, sources from the Indian side have said. The six-reactor project with a capacity of 1650-MW each will be the largest nuclear power park in the country. Talks between the two countries are …
Nuclear power currently provides a third of energy demand in South Korea, but opinions are shifting. In 2017, President Moon launched government polls to gauge support for a phase out plan, but with results seemingly showing both a desire to reduce dependence and a will to press on with current builds, the question of whether …
The head of the State Office for Nuclear Safety, Dana Drábová, gave this rather blunt warning at a Prague energy conference this week attended by most of the country’s top energy executives and the Minister for Industry and Trade: ʺThere is immense pressure developing that the operating life of nuclear reactors will be limited to …
Next month, Saudi Arabia will announce the finalists of a sweepstakes. The prize? Multibillion-dollar contracts to build a pair of nuclear power reactors in desolate stretches of desert along the Persian Gulf. For Saudi Arabia’s crown prince Mohammed bin Salman, the reactors are a matter of international prestige and power, a step toward matching the …
Saudi Arabia could look to adopt nuclear energy as a way to move domestic energy consumption away from oil, the country’s foreign minister told CNBC Sunday. “We are looking at a number of countries that have nuclear technology for peaceful purposes,” Al-Jubeir said, speaking to CNBC from the Munich Security Conference. Saudi Arabia’s foreign minister …
HONG KONG, Feb 11 (Reuters) – Chinese state-owned nuclear company CGN Power Co Ltd said Sunday it plans to raise up to $794 million in a domestic listing on the Shenzhen stock exchange. The firm said in a Hong Kong stock exchange filing it plans to offer no more than 5,049,861,100 new shares at 1 …
Tax credits that would benefit biofuel producers and a nuclear reactor project being constructed by Southern Co. are among the energy incentives in a budget deal that Congress must pass by midnight to keep the government open. The tax incentives, which were left out of the broad package of tax cuts passed by Congress in December, were …
China’s state asset regulator has been driving consolidation of businesses it supervises to help the economy grow at a slower but more sustainable pace Beijing has given the green light to the merger between two nuclear giants as it continues to pursue further consolidation of state-owned industrial juggernauts to enhance operating efficiency. China National Nuclear …