The International Energy Agency’s (IEA) World Energy Outlook 2014 (WEO-2014) launched in London yesterday has warned that current events could distract decision makers from recognising and tackling the longer-term signs of stress that are emerging in the energy system.
Two reactors at Japan’s Sendai nuclear plant are due to become the first to be restarted in the country since the 2011 meltdown at the Fukushima Daiichi facility, after regional authorities approved the restart of the plant owned by Kyushu Electric Power Co.
French state-owned utility Eléctricité de France (EDF) is facing a major shake-up. According to Dow Jones newswire, the French government is likely to sell shares in as part of a broader objective to raise several billion euros of the French state’s asset portfolio in the coming year and a half.
The European Union has voted to back the UK’s plan to guarantee the price of power from Hinkley Point C, the country’s first new nuclear project in decades.
President Evo Morales has announced that Bolivia will launch its civilian nuclear energy programme this year with the construction of plants in the western province of La Paz and an investment outlay of more than $2 billion through 2025.
Daniel Benes, Chairman and Chief Executive of Czech utility CEZ AS, has said that Brussels’ approval of the contract for difference (CFD) at the planned Hinkley Point C nuclear power plant in the UK “without question” establishes a European-wide precedent that could make other envisaged nuclear power projects profitable.
A shortage of nuclear capacity could cause power shortages this winter in Belgium.
Egypt is set to launch a tender as it restarts plans to build its first nuclear power plant, according to state-owned Al Ahram Newspaper reports.