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Published: Wed, 07 Dec 2016 16:03:50 GMT
Media coverage of Hinkley Point C has tended to focus on EDF Energy’s financial agreement with the UK government and is only now being recognised for the economic benefits it will bring to the local economy, Nigel Knee, head of the company's nuclear policy, said yesterday. EDF Energy's updated analysis shows that almost £4 billion ($5 billion) will go into the regional economy of the South West of England over the lifetime of the project, Knee told delegates at the Budapest Energy Summit.
Published: Wed, 07 Dec 2016 16:04:42 GMT
The USA has asked the International Atomic Energy Agency to monitor and verify the disposition of surplus plutonium in South Carolina, US energy secretary Ernest Moniz said on 5 December. Moniz's announcement was made at an IAEA conference which aims to strengthen global nuclear security.
Published: Tue, 06 Dec 2016 16:44:57 GMT
The French nuclear safety authority has accepted analyses submitted by EDF on the serviceability of ten of its 900 MWe reactors in which some steam generator parts were found to contain high concentrations of carbon. The utility will soon submit analyses for two 1450 MWe units.
Published: Tue, 06 Dec 2016 16:48:16 GMT
Germany's Federal Constitutional Court today ruled that, although the country's 2011 phase-out legislation is essentially in compliance with the constitution, power utilities are entitled to "reasonable" compensation for the early shut down of their nuclear power reactors.
Published: Tue, 06 Dec 2016 16:13:24 GMT
Wind and solar power are transforming the electricity industry, but not fast enough to put the world on track for the UNFCCC's Paris Agreement target to hold the global temperature increase well below 2°C, according to László Varró, chief economist of the International Energy Agency. This "climate stabilisation" target needs nuclear power to play a significant role in the low-carbon power mix, Varró told delegates at the Budapest Energy Summit yesterday.
Published: Mon, 05 Dec 2016 16:26:05 GMT
Toro Energy has redesigned the process flow sheet for its Wiluna uranium project in Western Australia to reduce the cost and size of the project's processing facility, following successful beneficiation and process design studies, the company announced today.
Published: Mon, 05 Dec 2016 16:51:41 GMT
Developing production capacity to meet the world's uranium needs, rather than the availability of uranium resources, is a likely challenge over coming years according to the latest edition of the OECD Nuclear Energy Agency and International Atomic Energy Agency joint report on uranium resources, production and demand.
Published: Mon, 05 Dec 2016 14:52:03 GMT
Italy is committed to effective nuclear regulatory oversight, but it faces challenges related to resources and needs to further develop policies for nuclear safety, decommissioning and radioactive waste management, an International Atomic Energy Agency peer review mission has concluded.
Published: Fri, 02 Dec 2016 15:54:20 GMT
Legislators in the US state of Illinois yesterday passed a bill recognising the contribution of nuclear energy to the state's clean energy efforts and ensuring the continued operation of the state's nuclear power plants. The Future Energy Jobs Bill will also advance renewable energy and expand energy efficiency initiatives.
Published: Fri, 02 Dec 2016 14:54:03 GMT
With the final investment decision to build the Hinkley Point C nuclear power plant in Somerset, together with progress in other planned new nuclear projects, 2016 has been a "momentous" year for the UK, delegates at the Nuclear Industry Association's Nuclear2016 conference in London heard yesterday.