Nuclear costs must fall to be competitive, says NEA’s Magwood

If countries are serious about combatting climate change, then they will reform their electricity markets, William Magwood, director general of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London last week. Magwood highlighted one of the three objectives of the Harmony initiative – a level playing …

Had They Bet On Nuclear, Not Renewables, Germany & California Would Already Have 100% Clean Power

Had California and Germany invested $680 billion into new nuclear power plants instead of renewables like solar and wind farms, the two would already be generating 100 percent or more of their electricity from clean (low-emissions) energy sources, according to a new analysis by Environmental Progress. The analysis comes the day before California plays host to …

Murkowski, Booker, and Colleagues Introduce the Nuclear Energy Leadership Act

U.S. Sens. Lisa Murkowski, R-Alaska, Cory Booker, D-N.J., James Risch, R-Idaho, Shelley Moore Capito, R-W.Va., Mike Crapo, R-Idaho, Richard Durbin, D-Ill., Joe Manchin, D-W.Va., Sheldon Whitehouse, D-R.I., and Chris Coons, D-Del., today introduced bipartisan legislation to boost nuclear energy innovation and ensure advanced reactors can provide clean, safe, affordable, and reliable power to meet national …

Challenges and changes at Kazatomprom

NAC Kazatomprom has changed its strategy to be more responsive to prevailing market conditions, CEO Galymzhan Pirmatov told delegates attending the World Nuclear Association Symposium 2018 in London today. Over the past 20 years the Kazakh uranium producer has transformed from a small uranium company to the largest uranium producer in the world, and diversified …

Japan’s Kyushu Electric may restrict renewable energy supplies after nuclear ramp-up

Kyushu Electric Power Co may start restricting third-party supplies of solar energy after it restarts a fourth nuclear reactor, the company said on Wednesday, underscoring the risks to a government push to boost renewable energy. Japan’s fifth-biggest utility by sales plans to restart the No. 2 reactor at its Sendai station later on Wednesday, giving …

Japanese nuclear power companies in talks over alliance

Four of Japan’s biggest nuclear operators and plant builders have started talks on a potential partnership in atomic energy, as the sector struggles to reboot in the wake of the Fukushima disaster seven years ago, a source said on Wednesday. Tokyo Electric Power Company Holdings Inc (Tepco) (9501.T), Hitachi Ltd (6501.T), Toshiba (6502.T) and Chubu …

Are Environmentalist Stunts Obfuscating A Serious Nuclear Debate?

The Greenpeace activists who crashed a Superman-styled drone into an EDF facility near Lyon, France on July 3 pulled off the latest of several stunts designed to highlight the vulnerability of France’s ageing nuclear reactors. In a country whose energy mix is built on nuclear power, the strategy is working: the Superman incident came just before a French parliamentary report called …

2017 “exceptional” for India Department of Atomic Energy

The public sector undertakings and industrial units of India’s Department of Atomic Energy (DAE) performed “exceptionally well” in 2017, DAE chairman and secretary Sekhar Basu said at celebrations marking the 71st anniversary of Indian independence on 15 August. Nuclear generator Nuclear Power Corporation of India Ltd’s (NPCIL’s) 2017 profit of INR3367 crore (USD482 million) was …