Maybe not given the the cancellation of the V C Summer Plant and the bankruptcy of Westinghouse There is a strong likelihood that future plans by U.S. electric utilities to build full size nuclear reactors are now being put on indefinite hold. Even though the NRC has issued licenses, investors may not see a reason …
On Tuesday (Aug. 15) evening at 5pm local time, millions of households and businesses across Taiwan suddenly went dark. For some, phone lines and TVs went dead for a few hours. For others, entire production lines came to a halt. Taiwan’s state-backed power monopoly Taipower said that the blackout was caused by human error. But it’s nevertheless …
SHANGHAI, Aug 14 (Reuters) – China has approved a plan from its two state nuclear developers to promote a single integrated nuclear reactor brand that will help speed up construction and strengthen their ability to compete in markets overseas. China is in the middle of an ambitious nuclear programme that could bring total capacity to …
Nuclear power’s long-term potential remains high, although its global expansion is projected to slow down in coming years, according to a new IAEA report on International Status and Prospects for Nuclear Power 2017. The decline compared to previous projections is mainly on account of early retirement or lack of interest in extending life of nuclear power …
China and Pakistan have agreed to cooperate in uranium exploration and mining. China National Nuclear Corporation (CNNC) said it had signed a framework agreement with the Pakistan Atomic Energy Commission yesterday for technical cooperation in the exploration and development of uranium resources. China signed a similar agreement with Saudi Arabia earlier this year. Under the new agreement, …
Orders for a wave of new reactors to be constructed in India will give a boost to the efficiency of the country’s nuclear supply chain, Atomic Energy Minister Jitendra Singh said yesterday. Ten indigenously designed pressurised heavy water reactors were recently approved, while construction has already started on two VVERs with Russian cooperation. In answer to …
PARIS (Reuters) – The French state has fully subscribed to a 2.5 billion euro ($2.92 billion) capital increase of nuclear fuel group Areva NewCo, completing one of the last stages of a complex state-funded restructuring of the company, Areva said on Thursday. Areva (AREVA.PA) said that the 500 million euros that Japanese companies Mitsubishi Heavy …
Tie-up to ensure energy security and clean power The landmark India-Japan civil nuclear agreement came into force on Thursday. Foreign Secretary S. Jaishankar exchanged the diplomatic notes with the Japanese envoy to India to formalise the completion of the process. “The India-Japan Agreement for Cooperation in the Peaceful Uses of Nuclear Energy entered into force …
In 2015, India communicated its intended nationally determined contribution (INDC) for the period 2021-30 consisting of eight elements. Of these, two have a direct relationship with nuclear energy: to achieve about 40% cumulative electric power installed capacity from nonfossil fuel-based energy resources by 2030, and to reduce the emissions intensity of its GDP by …
China is planning to transform Shanghai into world’s top nuclear energy innovation hub in the next five years. China is planning to transform Shanghai into world’s top nuclear energy innovation hub in the next five years. This is in accordance with the country’s ambitious plan to become the “global nuclear forerunner” in coming years, according …