Nuclear

France accelerating shift from nuclear power

France accelerating shift from nuclear power

French junior environment minister, Brune Poirson, has said France will decrease the share of nuclear energy in its electricity mix as soon as possible. In November, the French government withdrew its legal target to decrease the share of nuclear to 50% by 2025 from 75% today, set by the previous […]

UK academic: reliance on nuclear would be “reckless”

UK academic: reliance on nuclear would be “reckless”

Professor Steve Thomas, a well-known energy economist in the UK, has joined calls to cancel the Hinkley Point nuclear programme. The UK government first announced its plan to build five nuclear generators as part of its nuclear expansion programme in 2006. The generating stations, one of which would be Hinkley, would […]

Mismanagement of Hinkley project means UK must pay more

Mismanagement of Hinkley project means UK must pay more

MPs have urged UK government to reassess the case for future nuclear power projects after it made “grave strategic errors” in the economic planning of Hinkley Point. A report published on Wednesday has revealed that during negotiations over the construction of Hinkley Point, the government failed to protect the interests […]

US grid regulator could reward coal power plants

US grid regulator could reward coal power plants

The top US grid regulator wants to assist coal and nuclear while it determines whether it provides vital services to the grid, which could take up to two years. Acting head of Federal Energy Regulatory Commission (FERC), Neil Chatterjee, said the plan would allow power plants to recuperate costs through […]

EDF shares drop 6% after cut in profit forecasts

EDF shares drop 6% after cut in profit forecasts

Shares in the French state owned EDF have fallen by more than 6% after profit forecasts were cut for 2018. Earnings before interest, tax, depreciation and amortisation are now expected to be in the range of €14.6 billion to €15.3 billion, compared to its previous estimates of at least €15.2 […]

Concerns over nuclear energy costs in Indonesia

Concerns over nuclear energy costs in Indonesia

Nuclear energy is the most expensive form of energy, according to Indonesia’s Deputy Energy and Mineral Resources Minister Arcandra Tahar. When talking to nuclear energy stakeholders, he said: “The price range of nuclear energy all over the world is between 7.7 and 13.6 US cents per kilowatts per hour, while […]

US to promote coal, gas, nuclear at Bonn climate talks

US to promote coal, gas, nuclear at Bonn climate talks

The Trump administration plans to promote the use of coal, natural gas and nuclear energy as a solution to climate change in a presentation at a United Nations global warming conference. In the programme, The Role of Cleaner and More Efficient Fossil Fuels and Nuclear Power in Climate Mitigation, speakers from […]

Russia to build nuclear power station in Nigeria

Russia to build nuclear power station in Nigeria

A nuclear power plant and research centre are to be constructed and operated by Russia in Nigeria under an agreement signed by the two countries as the former looks to expand its operations across the continent. The oil rich nation in West Africa has faced a number of difficulties in […]