Power market developments - Page 1
Stay up to date with the latest Power market developments updates from the global nuclear engineering international industryLatest Power market developments Update
The International Energy Agency’s World Energy Outlook (WEO) 2020 focuses...
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Romanian signs nuclear agreement with the USA
US Secretary of Energy Dan Brouillette and Romania’s Minister of Economy, Energy and Business Development Virgil Popescu initialled a draft Intergovernmental Agreement to cooperate...
Ukraine’s Naftogaz and Energoatom co-operate on hydrogen production
Ukraine’s Naftogaz and Energoatom on 5 October signed a memorandum on joint work on the implementation of a hydrogen strategy for a climate neutral Europe. “We are seeing a rapid...
South Korea looks to floating NPPs
Korea Electric Power Technology (Kepco E&C) said CEO Bae-Soo Lee had signed a memorandum of understanding (MOU) for long-term cooperation with Daewoo Shipbuilding & Marine...
Canada’s OPG presses ahead with SMR development
Canada’s Ontario Power Generation (OPG) said on 6 October that it is advancing engineering and design work with three grid-scale Small Modular Reactor (SMR) developers: GE...
IEA Netherlands energy review focuses on renewables and hydrogen
The International Energy Agency (IEA), in its Netherlands 2020 Energy Policy Review said The Netherlands “is aiming for a rapid transition to a low-carbon economy and has placed...
IAEA sees continued role for nuclear
The International Atomic Energy Agency has released its latest projections for energy, electricity and nuclear power trends up to 2050. Compared with the previous year, the...
European Parliament committee seeks stringent emission reduction targets
European nuclear trade organisation FORATOM has welcomed the European Commission’s proposal to increase its 2030 CO2 emission reduction target to at least 55%.
Energoatom disputes new energy market pricing formula
Ukrainian nuclear utility Energoatom said on 13 August that it considers the pricing formula in the energy market of Ukraine to be discriminatory.
Alberta supports Canada’s SMR development plans
Jason Kenney, Premier of Alberta, Canada, on 7 August signalled the intent for Alberta to sign a memorandum of understanding with Ontario, Saskatchewan and New Brunswick to support...
UK National Grid to use new design pylons to link Hinkley Point C
The UK National Grid said on 29 July that 116 new-design T-pylons along 57km route from Hinkley to Seabank will connect six million homes and businesses to low carbon energy. The...
US study looks at nuclear export opportunities
A new report by US consulting firm UxC for US trade association the Nuclear Energy Institute (NEI) said exports of nuclear energy equipment and technology to 2050 required to meet...
Philippines sets up committee to consider nuclear power
Philippines Energy Ministry said on 29 July that President Rodrigo Duterte had created an inter-agency panel to study the adoption of a national nuclear energy policy. Energy...
US removes restrictions on nuclear financing
The US International Development Finance Corporation (DFC) has announced a change to its Environmental and Social Policy and Procedures (ESPP) to enable support for nuclear power...
New EC 'Green Deal' strategies ignore nuclear power
The European Commission (EC) on 8 July presented two strategies as part of its Green Deal – “An EU Strategy for Energy System Integration”, and “A hydrogen strategy for a...
US report recognises nuclear as zero-carbon energy source
The US House Select Committee on the Climate Crisis has released a majority staff report “Solving the Climate Crisis: The Congressional Action Plan for a Clean Energy Economy and...
Foratom welcomes EC decision to assess nuclear’s eligibility for green finance
The European Atomic Forum (Foratom) has welcomed the European Commission’s decision to appoint the Joint Research Centre (JRC) as the group of experts which will assess nuclear under...
IAEA reports on nuclear plant operation and safeguards
The International Atomic Energy Agency (IAEA) has released its annual nuclear power status data for 2019 collected by the Power Reactor Information System (PRIS) and issued its...
Saskatchewan to establish an office to coordinate nuclear policy
The Government of Saskatchewan has announced plans to establish an office to coordinate nuclear policy and programme work within the Climate Change & Adaptation Division in the...
IEA urges EU to financially support nuclear
Ambassadors from the European Union’s 27 member states agreed on 24 June that the fund to wean regions off fossil fuels should not finance nuclear or natural gas projects.
