France is working up to fully nationalizing the currently 84% state-owned nuclear energy company Électricité de France (EDF) at the same time that the company is anticipating a massive downturn in profits. EDF had already warned investors that its core profits would take a considerable hit this year, but just …
Read More »German Nuclear Power Plant to Shut down after Reported Leak
As Germany desperately attempts to stave off a winter energy crisis, most recently seizing Rosneft refinery assets, a leak at a nuclear plant reported by the country’s Environment Ministry adds to the pressure, with operations now set to be shut in for a week as repairs get underway. Germany’s Isar …
Read More »Russia Ready to Cooperate with IAEA in Provision of Zaporizhzhya NPP Security
Russia is ready to cooperate with the International Atomic Energy Agency (IAEA) in the provision of the security of the Zaporizhzhya Nuclear Power Plant, and permanent work of the IAEA mission at that site is important, head of the Russian Rosatom state nuclear energy corporation Alexei Likhachev told Interfax on …
Read More »French Energy Minister: All French Nuclear Reactors will be Restarted by Winter
French Energy Minister Agnes Pannier-Runacher said Friday that French electricity giant EDF has pledged to restart all of its nuclear reactors by this winter to help the country overcome a broad energy crisis exacerbated by the situation around Ukraine, AP reported. Pannier-Runacher said the government is taking steps to avoid …
Read More »Germany is Finally Rethinking its Position on Nuclear Power
It sure looks as though momentum is all of a sudden getting behind nuclear power, with even NPR coming out and writing yesterday that “resistance to nuclear power is on the decline worldwide — and environmentalists helped lead the push.” Now, with energy prices going parabolic in his country, German …
Read More »S. Korea to Expand Nuclear Power Generation to about 33 pct of Total by 2030
South Korea seeks to expand its generation of nuclear power to nearly 33 percent of its total energy creation by 2030 in a move to boost energy security and to better meet net-zero goals, the industry ministry said Tuesday. Under the blueprint for the country’s electricity supply through 2036, the …
Read More »IAEA Mission to Visit Zaporizhzhya NPP this
An International Atomic Energy Agency (IAEA) mission will visit the Zaporizhzhya Nuclear Power Plant this week, IAEA Director General Rafael Grossi said. “Proud to lead this mission which will be in the Zaporizhzhya Nuclear Power Plant later this week,” Grossi said on a social network. He said the mission, which …
Read More »Iraqi Company Buys a Romanian Power Plant
Iraq’s Mass Group Holding has bought Romania’s Mintia thermal power plant (TPP) from Hunedoara Energy Complex (CEH) for 91.2 million euro ($91 million) in a public auction, and plans to invest over 1 billion euro in the plant in the coming years, the company’s judicial administrator Expert Insolventa said on …
Read More »Global Energy Crisis Spurs a Revival of Nuclear Power in Asia
Asia is giving the once-shunned nuclear power industry a second lease on life, thanks to the global energy crisis. Governments in Japan and South Korea are removing anti-nuclear policies, while China and India are looking to build more reactors to avoid future supply shortages and curb emissions. Even developing nations …
Read More »IAEA Close to Deal with Russia, Ukraine to Inspect Shelled Nuclear Plant
International Atomic Energy Agency (IAEA) chief Rafael Grossi says Kyiv and Moscow agree that the UN watchdog’s personnel need to inspect the situation at Ukraine’s Zaporizhzhya nuclear power plant, which has been caught in the crossfire of fighting between Russian and Ukrainian troops. Speaking to France 24 TV on August …
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