Related Topic: Politics

Inflation Reduction Act passed by the US House

Inflation Reduction Act passed by the US House

The US House of Representatives has voted to pass the Inflation Reduction Act, which now heads to President Joe Biden to be signed into law. The passing of the wide-ranging bill, which includes support for existing and new nuclear, was welcomed by the nuclear industry.

Energy & Environment 15 August 2022


Agreement to bolster Korean nuclear industry

Agreement to bolster Korean nuclear industry

South Korea's Ministry of Trade, Industry and Energy has signed a Memorandum of Understanding with Korea Hydro & Nuclear Power, Doosan Enerbility and nuclear energy equipment and materials manufacturers with the aim of revitalising the country's nuclear industry.

Nuclear Policies 11 August 2022


EDF sues French government over electricity sales

EDF sues French government over electricity sales

The state-controlled nuclear giant EDF has launched a legal claim against the French government for more than EUR8.0 billion (USD8.2 billion) in lost earnings resulting from the order to sell more nuclear electricity at below market-level prices this year.

Corporate 10 August 2022


US Senate passes 'single biggest climate investment'

US Senate passes 'single biggest climate investment'

The US Senate has voted to pass the Inflation Reduction Act. The wide-ranging bill includes support for existing and new nuclear, and according to the White House, marks the largest investment ever in combatting the "existential crisis" of climate change.
 

Energy & Environment 08 August 2022


Australian opposition launches nuclear policy review

Australian opposition launches nuclear policy review

The leader of Australia's opposition has launched a formal process to examine the potential for advanced and next-generation nuclear technologies to contribute to national energy security and reduce power prices. Peter Dutton said it is "high time" for an "honest and informed debate on the benefits and costs of nuclear energy".

Nuclear Policies 05 August 2022


European Parliament backs nuclear and gas in EU taxonomy

European Parliament backs nuclear and gas in EU taxonomy

The proposed inclusion of certain nuclear and gas activities within the European Union's list of officially approved "green" investments is set to become law after an attempt to block it fails in the European Parliament.

Nuclear Policies 06 July 2022


New energy policy reverses Korea's nuclear phase-out

New energy policy reverses Korea's nuclear phase-out

South Korea's government has laid out a new energy policy which aims to maintain nuclear's share of the country's energy mix at a minimum of 30% by 2030. It also calls for the construction of units 3 and 4 at the Shin Hanul nuclear power plant to resume after design work was suspended in 2017 due to uncertainties about government policy on the construction of new reactors.

Nuclear Policies 05 July 2022


G7 urged to back nuclear extensions to tackle climate, security issues

G7 urged to back nuclear extensions to tackle climate, security issues

The leaders of the Group of Seven large industrialised nations should incentivise the extension of the operating life of existing nuclear reactors and support the restart of others to help achieve the goal of achieving a low-carbon and secure energy supply, the nuclear industry has said.

Nuclear Policies 24 June 2022


New Australian PM makes climate pledge

New Australian PM makes climate pledge

Australia has formally pledged to reduce its greenhouse gas emissions by 43% below 2005 levels by 2030. Prime Minister Anthony Albanese said the government will support a transition to renewable energy, but members of the shadow cabinet are signalling a willingness to include nuclear in the energy debate and a recent poll has found widespread public support.

Energy & Environment 17 June 2022


UK government confirms Sizewell C eligible for RAB financing

UK government confirms Sizewell C eligible for RAB financing

The British government has published documents which show "significant progress" towards implementing a Regulated Asset Base funding model for new nuclear power projects. It has set out its case for the Sizewell C project to receive funding under the model and launched a consultation on how projects would receive RAB financing.

New Nuclear 14 June 2022