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 …
The president yesterday transmitted to Congress for review a bilateral agreement for peaceful nuclear energy cooperation, known as a Section 123 Agreement, between the United States and United Kingdom. Following is a statement from Dan Lipman, vice president of suppliers, new reactors, and international programs at NEI. “We commend the Trump administration for submitting to …
The containment dome of unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province was installed on 5 May, marking the reactor’s entry into the equipment installation phase of construction, China Nuclear Engineering and Construction Corporation (CNECC) announced today. CNECC is a subsidiary of China National Nuclear Corporation (CNNC). Installation of the 148-tonne …
Hitachi Ltd’s Horizon Nuclear Power unit has received an assurance from the British government that it will guarantee loans for the construction of two reactors in Wales, the Mainichi newspaper reported on Wednesday. British Prime Minister Theresa May met Hitachi Chairman Hiroaki Nakanishi last week in London and asked him to go ahead the project, …
In EIA’s Annual Energy Outlook 2018 (AEO2018) Reference case, U.S. nuclear power generating capacity is projected to decline from 99.3 gigawatts (GW) to 79.1 GW over the projection period of 2017–50. To address some of the uncertainty surrounding this projection, this article presents sensitivity cases under different assumptions for oil and natural gas availability, nuclear power unit …
Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih, center, with Saudi and Korean engineers at the Korea Atomic Energy Research Institute (KAERI) in Seoul on Saturday. (SPA) Last year, KSA and South Korea entered into a joint venture to prepare engineering designs for the reactor with training programs in a range of …
NASA and the Department of Energy’s National Nuclear Security Administration (NNSA) have successfully demonstrated a new nuclear reactor power system that could enable long-duration crewed missions to the Moon, Mars, and destinations beyond. NASA announced the results of its Kilopower Reactor Using Stirling Technology (KRUSTY) experiment, during a news conference Wednesday at its Glenn Research Center in …
