By 1130 GMT, the February contract, called baseload for 24-hour supply in that month TRFRBMG2, hit 375 euros ($422.55) a megawatt hour (MWh) and Germany’s January contract was 5.4% higher at 246 euros TRDEBMF2. Elevated electricity costs caused by a wholesale power crunch this year have forced industries to curtail production and European consumers are paying more …
Financial, contractual details of partnership will be announced next February: Al-Dahshoury Egypt’s leading engineering, construction, and infrastructure company Hassan Allam Holding has partnered with the Russian company Titan Holding to launch a joint company to carry out construction works of the El-Dabaa nuclear power plant. Mohamed Al-Dahshoury, CEO of Hassan Allam Construction (HAC), told Daily …
Today, U.S. Representatives Anthony Gonzalez (OH-16) and Elaine Luria (VA-02) introduced the Accelerating Nuclear Innovation through Fee Reform Act, legislation designed to accelerate innovation and catalyze private sector investment in advanced nuclear reactor technologies by eliminating Nuclear Regulatory Commission (NRC) review fees for advanced reactor license applications. Currently, advanced nuclear companies face onerous application costs that can …
Southern China’s first nuclear heating phase-one demonstration project was put into operation on December 3 to provide winter heating service to about 460,000 square meters of residential property and benefit nearly 4,000 people in Haiyan county of Zhejiang province. Using residual thermal power from the Qinshan Nuclear Power plant of the China National Nuclear Corporation …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that it has closed its previously announced “bought deal” private placement (the “Offering”) for gross proceeds of C$35.0 million. Due to significant investor demand, the Offering was upsized from its original gross proceeds of C$25.0 million. Under …
The chairman of the U.S. Nuclear Regulatory Commission said he’s intrigued by the kind of small nuclear power plant the military wants to install at Eielson Air Force Base near Fairbanks. “The safety features that they have …(are) kind of passive safety features, right?” Chairman Christopher Hanson said at a U.S. Senate hearing last week. “It doesn’t …
The Bataan Nuclear Power Plant (BNPP) is seen during a tour around the BNPP compound in Morong town, Bataan province.(Reuters file) The offer of South Korea to rehabilitate the mothballed Bataan Nuclear Power Plant (BNPP) still stands, the Philippine Nuclear Research Institute of the Department of Science and Technology (DOST-PNRI) said Monday, Dec. 6. DOST-PNRI …
The new German government’s coalition treaty avoided references to nuclear energy and the EU’s green finance taxonomy in order to preserve Franco-German relations, a senior Green negotiator in Berlin told EURACTIV. As Germany was in the midst of negotiating its first-ever three-way government, the two biggest parties in the new “traffic light” coalition, the SPD …
The future Czech government wants to speed up the country’s energy transition and phase out coal earlier. “It would be the best success to do it (coal phase-out) by 2030, 2033 at the latest,” environment minister candidate Anna Hubáčkova (KDU-ČSL, EPP) said. The outgoing government of Prime Minister Andrej Babiš has not decided the exact …
Shikoku Electric Power Co restarted a nuclear reactor in Ehime Prefecture, western Japan, on Thursday that had been offline since December 2019 due to regular checks and a subsequent court injunction. The utility rebooted the No. 3 reactor at the Ikata nuclear power plant after the reversal in March of an injunction handed down by …