uclear energy is suddenly fashionable -- as new companies are looking to supplant the world's large, uranium-fueled nuclear reactors with kinds that use different fuels and coolants or perhaps even replace fission with fusion.
The UAE energy minister Suhail Al Mazrouei said yesterday that the country’s nuclear power ambitions were on track even as global safety and security concerns hamper the outlook for the sector.
“[Pursuing nuclear power] doesn’t mean that we didn’t take some of the accidents — like Japan’s Fukushima — seriously,” said the minister. He added that to build nuclear power plants,
Nuclear power has long been a contentious topic. It generates huge amounts of electricity with zero carbon emissions, and thus is held up as a solution to global energy woes. But it also entails several risks, including weapons development, meltdown, and the hazards of disposing of its waste products.
China is expected to start building at least five nuclear reactors in 2015 while facing a further delay at a plant that had been slated to start this year.
The Sanmen project in the eastern province of Zhejiang is expected to come online at the beginning of 2016 after problems
* First time minister clearly approved new nuclear plants
* Says some of EDF's plants can operate more than 40 years
* EDF shares climb more than 5 percent (Adds shares, trader comment)
By Michel Rose
PARIS, Jan 13 (Reuters) - France should build a new generation of nuclear reactors to
"There are too many ugly balance sheets," warns one energy industry analyst, adding simply that "the group is not positioned for this downturn." While the mainstream media continues to chant the happy-clappy side of lower oil prices, spewing various 'statistics' about how the down-side of low oil prices is 'contained' and the huge colossal massive tax cut means 'everything is awesome' for America, the data - and now actions - do not bear this out.
Government wanted new gas-fired power stations to be built but 68% of the capacity is to be provided by existing power stations
Consumers will need to stump an extra £1bn a year in 2018 to encourage power stations to stay open and keep the lights on, the government confirmed on Friday.
Warning over the future of North Sea oil comes as Iran and Saudi Arabia bicker over the falling price of crude
The North Sea oil industry is “close to collapse”, an expert has warned, as a slump in prices piles pressure on drillers to cut back investing in the region.