The UK Government has announced that it has updated and revised Sizewell C’s funding model. This is in response to concerns over potential delays and cost overruns for the nuclear power plant.
Tokyo Electric Power Co (TEPCO) has applied for regulatory approval to load nuclear fuel into reactor 7 at its Kashiwazaki-Kariwa power station from April 15 as it seeks to restart the plant.
Kenya’s Nuclear Power and Energy Agency (NuPEA), the State agency responsible for the country’s nuclear power programme, has said that Kenya will require at least $83 million as the initial cost of developing the country’s first nuclear research reactor in the first step towards future nuclear power production.
Bruce Power is set to receive up to C$50 million from the Canadian government to explore building a new nuclear power plant on the site of its existing Ontario facility.
It is encouraging to see both the current government and the opposition include nuclear energy firmly at the centre of their net zero strategies But although the ambition is certainly there, the question that remains is whether the money is too.
By Vince Zabielski, Pillsbury Winthrop Shaw Pittman
Kenya has announced that it intends to begin construction of its first nuclear power plant in 2027, with operations due to commence by 2035.
Power sector emissions in the EU fell by a record 19 per cent in 2023 as a result of sharp falls in both coal- and gas-fired generation, according to a report from the climate think tank Ember.
The US Government is expected to announce $1.5 billion in funding to enable the 800 MW Palisades nuclear power plant in Michigan to be restarted.
Todd Smith, Ontario’s Energy Minister, is to announce a multi-billion dollar refurbishment of the four reactors at Ontario Power Generation’s (OPG’s) Pickering B power plant, east of Toronto.
The Hinkley Point C nuclear power project in the UK has been delayed by an estimated 2-4 years.