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Osborne agrees to China nuclear deal

2013-10-17 09:26:43| BBC News | Business | UK Edition

The Chancellor, George Osborne, announces that the UK will allow Chinese companies to take a stake in British nuclear power plants.

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Why the chancellor wants China to invest in UK nuclear

2013-10-17 08:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Part of what has been holding back the development of new nuclear power plants in the UK is their enormous cost. The government is refusing to finance these hugely pricey projects directly - although it will allow the owners of any new nuclear generators to charge well above the current market price for any power they produce in years and decades to come, so that the billions in development and construction costs can be recouped. The big attraction for the chancellor of allowing Chinese companies...

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Japan on gas, coal power building spree to fill nuclear void

2013-10-16 14:36:05| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Japan plans to start up 14 new gas and coal-fired power plants by the end of 2014, allowing a switch away from pricey oil, as Tokyo struggles with a shutdown of nuclear reactors and energy imports drive a record trade deficit. Regional power monopolies will construct 12 gas-fired units next year, while two new coal power plants will be completed by December 2013, according to a Reuters survey of utilities. The new power plants will buy liquefied natural gas (LNG) and coal to scale back on the...

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Operator of wrecked Japan nuclear plant pledges improvements

2013-10-15 13:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The operator of Japan's wrecked Fukushima nuclear plant, under fire to put right repeated contamination mishaps, promised on Tuesday to draft in extra workers and improve equipment as part of plans to make the site safe and keep the company solvent. Tokyo Electric Power Company, or Tepco, has been reprimanded twice in as many months by Japan's nuclear regulator for mismanagement in a cleanup operation more than 2 1/2 years after the Fukushima Daiichi plant was struck by an earthquake and tsunami....

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Today's oil prices dip before Iran's nuclear talks

2013-10-15 01:00:00| Offshore Technology

Oil prices slipped on Tuesday, ahead of proposed talks regarding Iran's nuclear programme, which is expected to create a weaker global demand for oil with the increase of crude supplies.

Tags: prices oil nuclear talks

 

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