Electric utilities at risk from climate goals despite Paris exit, Moody’s says

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 Future of Nuclear Power in China

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 …

How to save the failing nuclear power plants that generate half of America’s clean electricity

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 …

Dome installed on Tianwan 6 containment building

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 …

Saudi energy minister visits South Korea’s Atomic Energy Research Institute

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 …

$60 Million for U.S. Industry Awards for Advanced Nuclear Technology Development

WASHINGTON, D.C. – U.S. Secretary of Energy Rick Perry announced today that the U.S. Department of Energy (DOE) has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies. These selections are the first under DOE’s Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced …