General Electric (GE) is to sign a $1 billion agreement with the Iraqi Ministry of Electricity (MoE) that will see the US-based company deliver critical electricity generation and maintenance projects across the country.
EDF has postponed giving final approval to construction of the £18 billion nuclear power plant planned for Hinkley Point C.
The UK faces a 40-55 per cent electricity supply gap if the UK Government implements its plans to close all coal-fired power stations and retire aging nuclear power stations by 2025, according to a report from the Institution of Mechanical Engineers (IME).
Xu Dazhe, Chairman of the China Atomic Energy Authority , said that China will be increasing nuclear cooperation with Iran with a view towards economic gains.
In 2015, China’s electric power generation fell for the first time since 1968, as the country’s economic slowdown hit major industrial consumers, according to official data. China generated 5,628 TWh of power in 2015, down 0.2 per cent from the previous year, according to data from China’s National Bureau of Statistics .