TOKYO — The British government has proposed to arrange all 2 trillion yen ($18.2 billion) in lending that Hitachi says is needed to build a nuclear power plant in Wales, as the Japanese side seeks to reduce its risk and encourage the U.K. to put more skin in the game. London had previously suggested that it guarantee …
A senior executive at engineering giant Bechtel told CNBC on Thursday that U.S. businesses should be involved in Saudi Arabia’s civilian nuclear energy ambitions. The presence of American firms would likely be welcomed by the Saudis and should also be welcomed by the U.S. government, according to Stuart Jones, regional president for Europe and Middle …
The president yesterday transmitted to Congress for review a bilateral agreement for peaceful nuclear energy cooperation, known as a Section 123 Agreement, between the United States and United Kingdom. Following is a statement from Dan Lipman, vice president of suppliers, new reactors, and international programs at NEI. “We commend the Trump administration for submitting to …
Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih, center, with Saudi and Korean engineers at the Korea Atomic Energy Research Institute (KAERI) in Seoul on Saturday. (SPA) Last year, KSA and South Korea entered into a joint venture to prepare engineering designs for the reactor with training programs in a range of …
The end of 2017 and early 2018 have seen a series of landmark events as several of the region’s countries have made major steps towards realizing their nuclear programmes. In December 2017, Egypt and Russia signed into effect notices to proceed with the contracts for Egypt’s first nuclear power plant at El Dabaa; in March …
WASHINGTON, D.C. – U.S. Secretary of Energy Rick Perry announced today that the U.S. Department of Energy (DOE) has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies. These selections are the first under DOE’s Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced …
Thomas Duesterberg , Contributor to Forbes Using Section 232 of U.S. trade law to apply tariffs on steel and aluminum imports was a questionable use of this tool. Those tariffs did get the attention of exporting nations, but also needlessly irritated both domestic and international allies. A clearer and more compelling case for Section 232 …
The European Union must ensure it retains sovereignty over energy and climate, French President Emmanuel Macron told the European Parliament last week. Reducing emissions must remain a priority for Europe, and replacing phased-out nuclear plants with coal would not achieve this, he warned. In an introductory address to a debate on the future of Europe, …
Russia slowed moves on a sweeping proposal for anti-American economic retaliation unveiled by lawmakers last week, even as the U.S. plans another round of sanctions over the Kremlin’s backing of the Syrian government. “We will organize meetings with the business community, with companies,” Vyacheslav Volodin, speaker of the lower house of parliament, told reporters Monday, announcing the …
Prague has always been big on upping the Czech Republic’s nuclear power capacity, but less so on how to finance it. As Brussels looks on with dread, Moscow may be about to ferment more discord on the EU’s eastern edges. Bucking trends in much of Europe, the Czech government has said recently it will announce within …
