The energy market has changed as attention shifts to renewable sources and companies are faced with a balancing act of affordability and carbon footprint. Some predict we are set for a turbulent year of energy pricing and supply security.
By Andrew King, Founder of SGT
EDF and Centrica, operators of four UK nuclear reactors, have announced that these will continue to operate beyond their original shutdown date.
Westinghouse Electric Company and CORE POWER have announced they have signed an agreement for the design and development of a floating nuclear power plant (FNPP) using the eVinci microreactor.
A court in Sweden has approved the start of construction for a nuclear waste disposal site in Forsmark, 130 km north of Stockholm.
Doosan Enerbility signed an MOU on 23 October with the Ministry of Energy of Kazakhstan to cooperate in the development of the country’s power industry.
The Canadian Nuclear Safety Commission has approved a short extension to operate the Pickering Nuclear Generating Station until the end of 2026.
Ali Zaidi, Climate Advisor to the White House, said that the current US government is working on plans to bring additional decommissioned nuclear power reactors back online to help meet rising electricity demand.
Kazakhstan has voted in a referendum on 6 October on whether to build its first nuclear power plant as the country seeks to phase out coal-fired plants.
The US Department of Energy (DOE) has announced closure of a loan guarantee of up to $1.52 billion to Holtec Palisades to help finance the reopening of the 800 MW Palisades nuclear power plant in Michigan, USA.
Gnel Sanosyan, Armenia’s Minister of Territorial Administration and Infrastructure, has announced plans to construct a new nuclear power plant in the country with a capacity of 400-600 MW.