The development of renewable energy, nuclear power and, to a smaller extent, oil shale is key to cutting energy and subsidy bills and meeting growing power demand. A major challenge facing Jordan in the coming months and years is reducing the country’s energy and subsidy bills while allaying public concerns over rising electricity costs. In …
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 …
The Digest of UK Energy Statistics (DUKEs), published today by the Department for Business, Energy and Industrial Strategy (BEIS), shows low-carbon sources of electricity accounted for a record 50.1% of power generated in the UK in 2017, which is up from 45.6% the previous year. This figure consists of 21.0% from nuclear, 14.8% wind (onshore …
The electricity sector attracted the largest share of energy investments in 2017, sustained by robust spending on grids, exceeding the oil and gas industry for the second year in row, as the energy sector moves toward greater electrification, according to the International Energy Agency’s latest review of global energy spending. Global energy investment totalled USD 1.8 trillion …
Japan confirms role of renewables and nuclear as the 5th Strategic Energy Plan is approved by the Japanese Cabinet. On July 3, the Cabinet of the Japanese government approved the country’s 5th Strategic Energy Plan after receiving the final draft the Ministry of Economy, Trade and Industry (METI). The plan is significant as it sets forth …
South Korean president Moon Jae-in (R) shakes hands with Khalid Al-Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources and chairman of Saudi Aramco, in their meeting at the Blue House in Seoul on May 4, 2018, in this photo provided by the presidential office. (Yonhap) South Korea’s government said Monday it will step …
Hitachi continues to search for ways to share the burdens of building a British nuclear power plant and now is sounding out the Development Bank of Japan and several Japanese power companies about taking stakes in the project, a high hurdle as many are still struggling with the heavy financial fallout from the 2011 meltdown at Fukushima. …
South Korea’s nuclear safety agency on Monday approved the restart of a nuclear power plant that was shut down five months ago. The Nuclear Safety and Security Commission made the decision after completing planned maintenance of the Shin-Kori No. 3 reactor near the southern port city of Busan, said Lee Enu-hong, an official of the …
A third generation EPR reactor in China carried out its first nuclear chain reaction on Wednesday, an initial start up which is a world first for the much-delayed European technology. The European Pressurised Reactor (EPR) in Taishan, southern China “carried out its first chain and therefore it has started,” tweeted Xavier Ursat, head of new …
The U.K. government wants to revamp how it finances nuclear power and is looking at how it drew in funds for a 25 kilometer (16-mile) sewage project in London as a model. The move announced by Business Secretary Greg Clark on Monday, would help reduce the cost of nuclear power by requiring the state to …