Power market developments - Page 4
Stay up to date with the latest Power market developments updates from the global nuclear engineering international industry
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...
IAEA International Ministerial Conference concludes in Washington
IAEA Director General Rafael Mariano Grossi and US Energy Secretary Jennifer Granholm closed the IAEA International Ministerial Conference on Nuclear Power in the 21st Century which...
IAEA releases annual report on country nuclear power profiles
The International Atomic Energy Agenry (IAEA) has announced the release of the 2022 edition of Country Nuclear Power Profiles (CNPP), marking more than two decades since the...
South Korea includes nuclear in its K-Taxonomy
South Korea’s Ministry of Environment has released a revised draft of its K-Taxonomy including nuclear power. The ministry had excluded nuclear power generation in its draft released...
EDF says nuclear output fell in August but forecasts increase in 2024
EDF says that nuclear power generation at its French reactors in August fell by 37.6% year on year to 18.1TWh, mainly due to the impact of the discovery of stress corrosion at some plants.
Temporary reprieve for two German NPPs
Germany’s Federal Ministry of Economics and Climate Protection (Bundesministerium für Wirtschaft und Klimaschutz - BMWK) has announced that it will extend the possible operation of two...
Ghana includes nuclear in its energy mix
Ghana’s President, Nana Addo Dankwa Akufo-Addo, has approved the inclusion of nuclear power into the country’s power generation mix. The statement said the decision was in line...
France aims to restart all its reactors this winter
French state-owned utility EDF will restart all its nuclear reactors this winter, despite the fact that 32 of its 56 units are closed for maintenance or technical issues, according...
South Korean conference seeks nuclear industry revival
South Korean Trade, Industry and Energy Minister Lee Chang-yang has visited Changwon in South Gyeongsang Province to attend a Nuclear Energy Industry Business Conference and to give...
Global nuclear industry submits statement to NPT Review Conference
The global nuclear industry on 12 August submitted a statement to the Tenth Review Conference of the Parties to the Treaty on the Non-proliferation of Nuclear Weapons (NPT),...
NEA report looks at nuclear cogeneration
A new report by the OECD Nuclear Energy Agency (NEA), “Beyond Electricity: The Economics of Nuclear Cogeneration”, published on 22 July says: “Nuclear energy is an important source...
South Korea to include nuclear in its taxonomy
The Korean Ministry of Environment announced that nuclear power will be included in the K-Taxonomy in September, and the 2030 Nationally Determined Contributions would be reset so...
Kazakhstan to generate 12% of electricity from nuclear by 2035
The Ministry of Energy of Kazakhstan expects that by 2035 the share of its future nuclear power plant (NPP) in electricity generation will be 12%. This was announced by Deputy...
South Korea plans 30% nuclear share by 2030
South Korea will expand its generation of nuclear power to more than 30% of total energy by 2030, up from 27.4% in 2021, in order to boost energy security and better meet...
EU parliament supports 'green' label for gas, nuclear investments
The European Parliament has voted in favour of European Union (EU) rules labelling investments in gas and nuclear power as climate-friendly. Of the 639 lawmakers that voted, 278...
South Korean President affirms support for nuclear
South Korea’s new president, Yoon Suk-yeol, said on 22 June that in order to rebuild the nuclear industry that was “devastated by the previous administration”, the government...
Two European Parliament committees oppose taxonomy plans
Lawmakers in the European Parliament have formed a cross-party coalition, which aims to block nuclear energy and fossil gas from receiving a green investment label under the EU’s...
CNNC and China Datang Group sign strategic cooperation agreement
China National Nuclear Corporation (CNNC) has signed a strategic cooperation agreement with China Datang Group covering nuclear energy, new energy, technological innovation,...
US DOE Launches $8 billion programme for clean hydrogen hubs
The US Department of Energy (DOE) has released a Notice of Intent (NOI) to fund the Bipartisan Infrastructure Law’s $8 billion programme to develop regional clean hydrogen hubs...
