Legislation lowers costs for working families, creates good-paying jobs, invests in clean energy, and rebuilds water infrastructure WASHINGTON — The House Appropriations Committee today released the draft fiscal year 2023 Energy and Water Development and Related Agencies funding bill, which will be considered in subcommittee tomorrow. The legislation funds agencies and programs in the Department …
The US Department of Energy is proposing changes requested by California Governor Gavin Newsom that will allow the state’s last nuclear power plant to qualify for federal financial assistance. The Energy Department proposed removing a requirement that would have prevented PG&E Corp.’s Diablo Canyon nuclear power plant from getting a portion of $6 billion in …
South Korea will expand the role of nuclear energy in order to meet its climate target. President Yoon Suk Yeol’s new government will increase the portion of atomic power in the energy mix to meet its emissions reductions goal, or Nationally Determined Contribution (NDC). It will maintain the target set by the previous administration to cut …
Firms welcome resumed entry of tourists as growth booster – poll They want tourist numbers at pre-COVID level in 2023 Many firms expect moderate or flat economic growth this FY Most seek another stimulus package Bulk of firms back nuclear power restart if safety guaranteed A large majority of Japanese companies support both restarting idled …
California is a global model in the fight against climate change, but the balance necessary to achieve carbon neutrality is delicate and the obstacles many. Longer, hotter summers mean more electricity use, while worsening droughts limit hydropower. With the Diablo Canyon nuclear power plant scheduled to close, state regulators project years of electricity shortfalls. As …
A renationalization of Electricite de France SA could be decided in the coming months if the current government wins a majority in the country’s National Assembly, a minister has said. If the coalition backing re-elected President Emmanuel Macron wins a governing majority in second-round voting this weekend, the minister for energy transition, Agnes Pannier-Runacher, will …
Significant progress towards implementing a new funding model which will give nuclear projects the financial support they need and attract private investment. Progress made towards securing finance for proposed Sizewell C nuclear power station in Suffolk government publishes case for company operating Sizewell C to receive funding under Regulated Asset Base (RAB) model, bringing new …
Turkish Minister of Electricity and Natural Resources Fatih Donmez said on Tuesday that Turkey’s first nuclear reactor and newly found Black Sea gas deposits will begin producing energy next year. Donmez made the statements while in Istanbul for the NATO Parliamentary Assembly’s Mediterranean and Middle East Special Group conference. Donmez was cited as speaking by …
The Dutch government is “taking steps” towards the construction of two new nuclear power plants, according to a national energy system plan outlined last week. According to the outline published on Friday, a scenario study is being conducted into the relationship between various types of CO2-free capacity and how nuclear energy can be integrated into …
SK, Samsung see opportunities in President Yoon’s pro-nuclear pivot South Korean industrial giants like SK and Samsung are stepping up operations in nuclear power, zeroing in on small, easier-to-build reactors, as the country pivots back to nuclear energy under a new president. SK announced in May a wide-ranging partnership with Bill Gates-founded startup TerraPower with a …
