1. Unit 2 of the Changjiang nuclear power plant on China's southern island province of Hainan has entered commercial operation.
The 650 MWe CNP-600 pressurized water reactor met all the conditions for entering commercial operation at 5.00pm on 12 August, having completed a 168-hour continuous demonstration run.
In this Wednesday, July 20, 2016 file photo, Britain's Prime Minister Theresa May leaves 10 Downing street to attend her first Prime Ministers Questions at the House of Parliament in London. Prime Minister Theresa May is attempting to allay disquiet about her surprise delay to a Chinese-backed nuclear power plant by reassuring China's leader
FOR several years the British government has drummed its fingers waiting for EDF, a French state-run utility, to give the all-clear for an £18 billion ($24 billion) investment to build Hinkley Point C, a nuclear-power station in south-west England. The stakes couldn’t be higher.
By Justin Spittler
Editor's note: It's been a month since "Brexit"…the historic event that wiped out more than $3 trillion from the global stock market in two days.
But what happens now?
Today, Casey Research founder Doug Casey breaks down what the decision means for Britain…and how it foreshadows some big changes in the world at large.
On June 23, the UK had a referendum in which 52% of voters opted to leave the European Union. I applaud Britain for leaving the corrupt, costly, and dysfunctional EU. It may be the best thing that’s happened to Europe since the end of World War 2. And, I think, it signals the start of some major new trends.
By Justin Spittler
Editor's note: Yesterday, Casey Research founder Doug Casey shared his thoughts on the Brexit.
Today, in part two, he lays out the major trends the Brexit will accelerate…and explains how you can set yourself up to profit from them…
This has the makings of a classic speculative opportunity—one where politically caused distortions are liquidated and prices readjust. But a word of caution. It’s going to take place within the context of the Greater Depression. And, as Richard Russell, who lived through the last depression, observed: In a depression, nobody wins. The winner is just the person who loses the least.
Energy giant to hold board meeting on Thursday at which it is expected to approve the much-delayed decision on the £18bn project
Energy giant EDF will make its long-awaited final investment decision on the planned nuclear power station at Hinkley Point, ending doubts over the £18bn project.