Six years after freezing the construction of a second nuclear power plant, Bulgarian Prime Minister Boyko Borissov announced on Saturday (12 May) he intends to restart the project. Chinese investors have already expressed interest. Bulgaria, which joined the European Union in 2007, has closed four 440 megawatt Soviet-era reactors at the Kozloduy nuclear plant for …
Credit ratings giant Moody’s is warning that a big chunk of the nation’s electric utilities are at risk of closing because of the transition toward renewable energy, which is occurring despite President Trump’s decision to pull the U.S. out of the Paris climate change agreement. The report, issued Tuesday, says not-for-profit public power and cooperative …
The Atomic Energy Council (AEC) gave the go-ahead to restart one of the reactors at the Third Nuclear Power Plant in southern Taiwan on Monday, after final review of an application to resume the reactor’s operations. The number one reactor at the third power plant in Pingtung County was shut down to undergo an overhaul …
China is on course to lead the world in the deployment of nuclear power technology by 2030. Should it succeed, China will assume global leadership in nuclear technology development, industrial capacity, and nuclear energy governance. SUMMARY China is on course to lead the world in the deployment of nuclear power technology by 2030. Should …
EXCLUSIVE TO SIGHTLINEU3O8 – In response to numerous requests, we are pleased to launch a new section of research focused on those public companies operating in the uranium supply space. UComparables will provide metrics and data gathered across the entire spectrum of uranium exploration companies and uranium development companies. Who is Included For the …
The big picture of power availability in India stresses the importance of urgent action. The growing per capita power consumption along with high population growth rate, urbanisation and rising middle class emphasises the critical importance of improving new power generation capacity. The Central Electricity Authority estimates the requirement of energy generating capacity to increase from the current 43 GW to 640 GW by 2026-27. …
With no price on carbon, here’s how states are keeping nuclear power plants open. Nuclear power currently provides about 20 percent of US electricity — and 50 percent of its carbon-free electricity. Insofar as the US economy has decarbonized (carbon emissions have been falling, fitfully, for more than a decade), nuclear power gave it a …
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 …
Kansai Electric Power Co. restarted Wednesday the No. 4 reactor at the Oi nuclear plant in central Japan, joining three other nearby units already online and raising safety concerns as well as expectations for lower electricity prices. On the Sea of Japan coast in Fukui Prefecture, the operator rebooted the reactor for the first time …
