THE nuclear power industry, which had been in the doldrums since the 1980s, suffered a devastating blow in 2011 when a tsunami engulfed the Fukushima power plant in Japan, ultimately causing a meltdown. The amount of electricity generated by nuclear power worldwide plunged 11% in two years, and has not recovered since. Within this declining …
The Ontario Chamber of Commerce has issued a position paper urging Ontario’s new Minister of Energy, Northern Development and Mines Greg Rickford to continue the government’s support for nuclear power. The report, titled Blueprint for Making Ontario Open for Business, suggested the new Ontario government should leverage Ontario’s nuclear sector, “which gives the province key …
Nuclear power will be essential for meeting the UK’s greenhouse gas targets, concluded a new report by Imperial energy experts. The energy sector is one of the biggest culprits for greenhouse gas emissions in the UK due to its historical reliance on burning fossil fuels. Many experts believe that combining new, lower-cost renewable technologies with …
Approval of Chinese nuclear technology in the UK would act as a springboard to the rest of the world. China wants to become a global leader in nuclear power and the UK is crucial to realising its ambitions. While other countries have scaled back on atomic energy in the wake of the Fukushima disaster, state-backed Chinese …
South Korea will have enough capacity to deal with the peak summer energy demands with increased operations of nuclear reactors and new thermal power plants set to come online next month, the industry minister said Wednesday. Paik Un-gyu, minister of trade, industry and energy, refuted claims that the government is turning to nuclear power to …
The developer of Britain’s first nuclear power station in more than three decades has approached 12 pension funds about helping finance a sister plant on the other side of the country. Electricite de France SA is working on ways to pay for its Sizewell C project in East Anglia that will make it cheaper than …
It starts when state-sponsored nuclear-power companies underbid Western competitors. Russia and China are using nuclear power projects to build spheres of energy dependence, and the United States is unprepared to respond. In April, Turkey broke ground on its first nuclear power plant, which the government says will help meet the country’s rapidly growing demand for electricity and increase …
Japan will launch a public-private initiative to develop next-generation nuclear reactors that are safer and less expensive, hoping to spur a renewal of aging plants and keep atomic power as a viable energy source. The Ministry of Economy, Trade and Industry is in talks to create a forum within fiscal 2018 that will include power companies and reactor …
The punitive tariffs imposed by Washington and Beijing last Friday have sparked widespread fears that a trade war will severely damage the global economy and could have a predominantly negative effect on several aspects of the US market itself. Both countries have imposed a 25% tax on $34bn worth of goods produced by the other, …
A consortium of countries spearheaded by the United States has just formed an international pact to explore new ways to promote the responsible growth of nuclear energy. According to Deputy Secretary of Energy Dan Brouillette, the initiative seeks to “highlight the value of nuclear energy as a clean, reliable energy source.” This new alliance was …