French presidential election: Future of nuclear power and EDF down to voters

Both Emmanuel Macron and Marine Le Pen, the candidates that qualified for the second round of the French presidential election, support the revival of nuclear energy. However, they differ in their ambitions, strategies and modus operandi. EURACTIV France reports. EDF, the French multinational electric utility company, is looking to diversify its energy sources – in particular, focusing …

South Korea signals nuclear fuel U-turn as global energy crisis looms

South Korea is the world’s fifth-largest nuclear power producer © SeongJoon Cho/Bloomberg Incoming administration cites rising greenhouse gas emissions and Russian invasion of Ukraine South Korea’s incoming government will reverse the country’s nuclear phaseout plan, which had been criticised for intensifying the east Asian country’s dependence on fossil fuels. Won Hee-ryong, policy chief on President-elect …

France’s EDF could sell renewables to focus on nuclear – BFM

France is considering restructuring plans for debt-laden power firm EDF (EDF.PA) that include full nationalisation followed by the sale of its renewables business to focus on nuclear energy, BFM Business reported, citing unidentified sources. The website said the government was working with investment bank Goldman Sachs on several restructuring scenarios. The sale of the renewables business could …

Manchin, Risch Introduce The International Nuclear Energy Act Of 2022

Bipartisan legislation will promote the safe, secure and peaceful use of civil nuclear energy by reducing China and Russia’s influence on other nations’ civil nuclear energy programs U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, and Jim Risch (R-ID), Ranking Member of the Senate Foreign Relations Committee, introduced the International …

MEPs demand full embargo on Russian imports of oil, coal, nuclear fuel and gas

Call for a special UN tribunal for war crimes in Ukraine Step up delivery of weapons to allow Ukraine to defend itself Use of weapons of mass destruction by Russia would be met with severest consequences Parliament expresses indignation over reported atrocities by the Russian armed forces and demands that perpetrators of war crimes be …

Indian minister provides uranium, construction updates

India has imported just over 7600 tonnes of uranium in the past three years, mostly from Kazakhstan and Canada, according to official figures released by the government. Minister of State Jitendra Singh provided the data, as well as figures for domestic uranium production, and updates on nuclear construction projects, in written answers to questions in …

Ministers confident of funding new nuclear power ‘considerably cheaper’ as part of energy strategy

Changes to nuclear funding model and desire for greater energy security behind big bet on nuclear Ministers are increasingly confident of being able to fund a set of new nuclear power stations at a fraction of previous costs as the Government prepares to make nuclear power the centre point of its energy strategy this week. …

Britain could build seven nuclear power stations, minister says

Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine, Business Secretary Kwasi Kwarteng told The Sunday Telegraph. “There is a world where we have six or seven sites in the UK” by 2050, Kwarteng told the newspaper. The Sunday Telegraph …

Nuclear Energy (Financing) Bill completes passage through Parliament

The Nuclear Energy (Financing) Bill had its third reading, a chance for members to make sure the eventual law is effective, workable and without loopholes, on Wednesday 30 March.  The Nuclear Energy (Financing) Bill will provide finances for new nuclear power stations by introducing a regulated asset base (RAB), which empowers the economic regulator to levy charges on …