Tuesday, November 5, 2024

Nuclear Energy News

Sweden rejects 13 Baltic Sea Wind Farms, citing defense concerns

The Swedish government announced on Monday that it has rejected 13 applications for offshore wind farms to be built in the Baltic Sea because of defence concerns. However, it…

TerraPower has held informal discussions with Turkey and other countries about small reactors

TerraPower, the Bill Gates backed company that is looking to build small modules reactors for nuclear power, has held informal discussions with several countries in Europe including Turkey.

Chubu Electric, Japan, plans to increase its investment in renewable energy and SMR overseas

A company executive revealed that Chubu Electric Power, Japan, plans to invest further in overseas decarbonisation projects, such as renewable energy, small-modular reactors (SMRs)…

Prompt prices jump on declining wind, nuclear output

The wholesale European spot electricity price soared on Thursday due to a decline in the supply of wind and nuclear energy in the days ahead. LSEG data shows that the French…

France will stick to its wind energy development targets

The French government is targeting a growth rate in onshore wind energy of 1.5 gigawatts per year, said Energy Minister Olga Givernet on Wednesday. This would be in line the…

New Industry Minister: Japan will keep nuclear but boost renewables as part of its energy mix

Japan will continue to restart nuclear power plants safely and use as much renewable electricity as possible, said Industry Minister Yojimuto on Wednesday. This indicates that…

El Pais: Incoming EU Antitrust Chief Ribera plans on relaxing antitrust laws

According to a Thursday interview with the Spanish newspaper El Pais, Europe's new antitrust chief Teresa Ribera intends to relax competition rules in order to strengthen European industries.

Lower renewables output lifts spot prices

German renewable energy generation is expected to fall on Wednesday. Marcus Eriksson, LSEG analyst, says that residual load will increase in Germany Wednesday. Exports are expected to peak at mid-morning…

Best estimate of the new Swiss nuclear dawn is decades away

Energy experts and politicians warned that bringing new nuclear power plants online in Switzerland would take decades because of the many political and financial obstacles.

Lobby says proposed price for Polish offshore Wind auctions is too low

The wind lobby in Poland said that the proposed price of wind power for new Baltic Sea projects was too low, and could undermine development and government goals. The climate…

Deese, a Harris advisor, calls for a Marshall Plan on clean energies

Brian Deese is an adviser to Vice President Kamala's presidential campaign. He called for a program that would lend money to allies to purchase green energy technologies in…

Pakistan and China Sign $4.8 Billion Nuclear Power Plant Deal

© Oleksii / Adobe Stock

Pakistan and China signed a $4.8 billion deal on Tuesday to build a 1,200-megawatt nuclear power plant, Prime Minister Shehbaz Sharif said, hailing the investment by a country…

Molten Salt Reactors: Maritime’s Nuclear Option

Multipurpose: an illustration of Ulstein International’s nuclear-powered Thor showing its ship-to-ship resupply boom and passenger transfer, and below a close-up of a replenishment operation. Image courtesy Ulstein International

A race is being run by nuclear scientists and ship designers. The prize? “Decarbonization’s” holy grail — believed to be a “small” thorium-fueled, molten-salt rector’s unlimited power to propel sea trade.

Xodus: A Rapid Pivot to Gas Needed

Photo: Xodus

Xodus Group launched a new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.In contrast to some recent future energy scenarios…

Russia's Floating Power Plant Plugged In

Russia’s state-owned nuclear company Rosatom said its floating nuclear power plant has been connected to the grid and has commenced electricity production for the first time…

France Plans 1 GW Offshore Wind Farm

© Fokke / Adobe Stock

France wants to construct a wind farm off the coast of Normandy as the nuclear-dependent nation moves to expand power generation from renewable sources, the energy ministry…

Seaborne Nuclear Power Plant Docks in Russia

(Photo: Rosatom)

Russia's first-floating nuclear power plant has arrived to its permanent base near an isolated Russian town across the Bering Strait from Alaska, Russian state nuclear energy…

Wood Sells Nuclear Unit for $305 Million

© verve / Adobe Stock

British oilfield services provider Wood Plc said on Tuesday it would sell its nuclear energy business for about $305 million to Jacob Engineering, acting to reduce its debt…

DAVOS: Oil Majors Huddle in DAVOS to Mull Future

© Mike Mareen/Adobe Stock

When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics -…

IMO2020: The Rise of Bulk Liquid Hydrogen in Norway

Imagine a power distribution network where excess renewable energy from hydropower, wind, solar, and nuclear energy is converted to hydrogen and used as transportation fuel in the maritime industry.