Politics rss

The Brexit effect on UK nuclear

Nuclear Policies

24 June 2016

EDF Energy, NuGeneration and Horizon Nuclear Power have all stressed their commitment to the UK's nuclear new build program, despite the country's decision to leave the European Union. Nevertheless, the majority vote in favour of 'Brexit' - decided in a national referendum held yesterday - may have implications for investment in new reactors and nuclear research, as well for the UK's future role in meeting climate change targets, industry participants said.

US-India deal helps pave way for new nuclear in India

Nuclear Policies

08 June 2016

Modi-Obama June 2016 - 48Westinghouse can start building six AP1000s in India following an agreement signed yesterday during talks at the White House between Indian Prime Minister Narendra Modi and US President Barack Obama. It is the first such opportunity for a US company since the countries signed a civil nuclear deal in 2008.

Markets and the future of nuclear power

Energy and Environment

19 May 2016

The design of European wholesale electricity markets and the emissions trading system will be improved to help - and no longer hinder - nuclear energy as a low-carbon source of electricity, a European Commission official assured delegates at a nuclear financing conference held in Paris last week. The conference, titled Nuclear energy's role in the 21st century: addressing the challenge of financing, was jointly organised by the OECD Nuclear Energy Agency and the International Framework for Nuclear Energy Cooperation.

Russia wins 'half' of compensation claimed in Belene lawsuit

Corporate

16 June 2016

The International Court of Arbitration has ruled in favour of Russia's Atomstroyexport over its claim for compensation after Bulgaria cancelled the Belene nuclear power plant it had been contracted to build. The Bulgarian Energy Ministry has stressed however that the Court ordered the payment of half of the total sum the Rosatom subsidiary had sought to receive.

IAEA fuel 'bank' on target for September 2017 launch

Uranium and Fuel

02 June 2016

IAEA-UMP - LEU bank - 48The IAEA Low Enriched Uranium Storage Facility - or 'bank' - is scheduled to be ready for operations by September 2017, following the conclusion of a partnership agreement between the International Atomic Energy Agency and the Ulba Metallurgical Plant in Kazakhstan this week.

US organizations' plea to keep nuclear 'czar'

Nuclear Policies

10 May 2016

Four US organizations have urged the US administration to keep the position of director of nuclear energy policy at the National Security Council, saying that the so-called 'nuclear energy policy czar' is crucial to the coordination of US nuclear trade, security and climate policy.