Power market developments - Page 3
Stay up to date with the latest Power market developments updates from the global nuclear engineering international industry
Uganda plans to begin nuclear power generation by 2031
Ugandan Energy & Minerals Minister Ruth Nankabirwa Ssentamu said in a statement that Uganda expects to start generating at least 1000 MWe from nuclear power by 2031. This is part...
UK Chancellor reclassifies nuclear as environmentally sustainable
In his Spring Budget UK Chancellor Jeremy Hunt said the Government would class nuclear energy as environmentally sustainable in its green taxonomy, to give it access to the...
EU Commission rejects plans to sanction Russia’s nuclear industry
The European Commission (EC) has abandoned plans to sanction Russia's nuclear sector or its representatives in its next (10th) sanctions package, Politico reported citing...
EU classifies some nuclear-derived hydrogen as green
The European Commission (EC) has published new rules that could allow some hydrogen produced in nuclear-based energy systems to count towards European Union (EU) renewable energy...
France’s Nuclear Policy Council seeks to “remobilise” the nuclear sector
France’s Nuclear Policy Council (CPN - Conseil de Politique Nucléaire), headed by President Emmanuel Macron is making preparations to deal with winter 2023. At a recent meeting it...
European Parliament calls for Russia sanctions to include nuclear
The European Parliament has adopted a resolution urging European Union (EU) leaders to extend the sanctions against Russia introduced as a result of the war with Ukraine to...
Rosatom briefs Russian Prime Minister on nuclear industry progress
Rosatom Director General Alexei Likhachev, at a briefing with Russian Prime Minister Mikhail Mishustin, said 2022 was not an easy year. However, “we reached record results in almost...
Hungary will veto any EU sanctions against Russia's nuclear sector
Hungary will veto any EU sanctions imposed on Russian nuclear energy organisations and enterprises, Hungarian Prime Minister Viktor Orban told the morning programme one Kossuth radio.
French Senate considers nuclear acceleration bill
The French Senate has provisionally amended the government’s bill on nuclear energy by removing previous strategic undertakings such as reducing the nuclear share in the power mix to...
South Korea and UAE to expand nuclear co-operation
South Korea and the United Arab Emirates agreed to strengthen nuclear co-operation during a four-day state visit to the UAE by South Korean President Yoon Seok-yeol. Following talks...
Saudi Arabia to use domestic uranium for nuclear development
Saudi Arabian Energy Minister Prince Abdulaziz Bin Salman says Saudi Arabia plans to use domestically-sourced uranium to develop its nuclear power industry. “We have large quantities...
US Professor Thane Gustafson: Russia’s nuclear industry is unique
As the Western nuclear industry flounders, Russia’s Rosatom is building nuclear power plants (NPPs) on time and under budget around the world, while selling uranium to the US,...
South Korea to increase nuclear share to more than 34% by 2036
South Korea will increase the share of nuclear in total energy sources to 34.6% by 2036 from 23.4% in 2018, the Minister of Trade, Industry & Energy, Lee Chang-yang has said,...
Atomexpo attracts 65 countries
The XII International Forum Atomexpo-2022 was held in Sochi (Russia) on November 21-22, attracting the heads of key companies in the global nuclear industry, government...
Nuclear industry promises action in the wake of COP27
On his return from COP27, International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi has told the Agency’s Board of Governors: “At a time of great uncertainty...
EU Energy Commissioner looks at challenges facing nuclear
Addressing the European Commission’s 15th European Nuclear Energy Forum (ENEF) in Prague on 10 November, EU Commissioner for Energy, Kadri Simson, said the conversation...
US supports clean hydrogen production at four NPPs
The US Department of Energy (DOE) has said that hydrogen has the potential to play a significant role in the transition to 100% clean energy. DOE estimates that a single 1,000MWe...
Jamaica to include nuclear power in its energy mix
The Jamaican Government is looking to incorporate nuclear power in the country’s energy mix according to Minister of Science, Energy & Technology, Daryl Vaz. He added that it will be...
Canada’s tax credit for clean technologies includes nuclear
Canada’s 2022 Fall Economic Statement, released on 3 November by Deputy Prime Minister and Minister of Finance Chrystia Freeland, focused on "building an economy that works for everyone...
