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Wholesale Markets 'Rigged' Against Nuclear Power

2013-10-14 17:07:00| Transmission & Distribution World

As costs and competition from cheap natural gas force more old nuclear plants to shut down, their owners have a new complaint: The electricity market is rigged against them. read more

Tags: power markets wholesale nuclear

 

South Korea should lower reliance on nuclear: study

2013-10-13 04:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: South Korea should reduce its reliance on nuclear power in view of public discontent with corruption in the industry and Japan's difficulty tackling the aftermath of the Fukushima disaster, a group weighing up the problem said on Sunday. The Energy Ministry published the findings of a study group of 60 representatives from industry, academic institutions and civic bodies that recommended reducing to between 22 percent and 29 percent the portion of electricity that can be generated by nuclear power....

Tags: south study lower korea

 
 

Ontario abandons plan for new nuclear plants

2013-10-10 22:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Ontario government is dropping plans to build two new nuclear plants and will focus on refurbishing its aging facilities instead, the Canadian province's energy minister said on Thursday. Energy Minister Bob Chiarelli said new nuclear stations will not be part of Ontario's formal review of its long-term energy plan, which will be finalized before the end of the year. "Over the past few months, we have had extensive consultations for the review," said Chiarelli. "There is a strong consensus...

Tags: plan plants ontario nuclear

 

Government shutdown forces 90 percent staff cut at nuclear regulator. Don't panic.

2013-10-10 21:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: There's no short-term threat to public safety, officials at the Nuclear Regulatory Commission and other analysts said. On-site inspectors will remain on the job and employees will be called out of furlough in the case of an emergency. But non-emergency reactor licensing, emergency preparedness exercises, and inspection of nuclear materials are among the day-to-day operations put on hold amid the lapse in appropriations. The cutback significantly crimps the agency's ability to lend oversight and...

Tags: staff government cut dont

 

US signs nuclear technology deal with Vietnam

2013-10-10 13:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The United States and Vietnam have signed a pact allowing the transfer of nuclear technology to the south-east Asian country, opening the way for US investment in the burgeoning industry. US secretary of state John Kerry said the US-Vietnam Civil Nuclear Co-operation Agreement would allow US firms to tap Vietnam's future nuclear power market, although the state department said the deal would not allow Vietnam to enrich or reprocess US-origin nuclear materials. The deal will be submitted to...

Tags: technology deal signs vietnam

 

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