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
South Korea’s Ministry of Trade, Industry & Energy (MOTIE) and the...
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EU Parliament includes nuclear in Net-Zero Industry Act
Members of the European Parliament (MEPs) have voted to include 17 technologies in the EU’s Net-Zero Industry Act (NZIA), including nuclear energy. The MEPs led by the...
French government and EDF reach agreement on nuclear electricity pricing
Following several months of negotiations, the French government and EDF have agreed a price for nuclear electricity. Economy Minister Bruno Le Maire told a press conference that...
Switzerland to extend use of nuclear
Switzerland plans to use its nuclear plants longer than previously expected in face of possible electricity shortages, Bloomberg has reported.
European Commission plans SMR industrial alliance
European Commissioner for Energy Kadri Simson says the European Commission (EC) is to establish an Industrial Alliance focusing on small modular reactors (SMRs) in early 2024. In...
Nuclear plays minor role in IEA World Energy Outlook 2023
IEA’s new World Energy Outlook 2023 sees a phenomenal rise of clean energy technologies. It describes an energy system in 2030 in which clean technologies play a significantly...
France and Germany move towards resolving nuclear differences
The European Union (EU) Energy Council, meeting in Luxembourg, have reached agreement on reforming the EU electricity market, resolving the long-running dispute between France and...
IAEA annual projections for nuclear increase
The International Atomic Energy Agency (IAEA) has released its annual outlook for nuclear power in the coming decades, increasing its global growth projections for a third year....
German-French disagreements block EU power market reforms
European Union (EU) countries may delete a key part of planned reforms to Europe's electricity market in the face of continued disagreements between France and Germany, Reuters has reported.
Duke Energy files resource plan for South Carolina
US utilities, Duke Energy Carolinas and Duke Energy Progress have filed their Integrated Resource Plan (IRP) with the Public Service Commission of South Carolina (PSCSC) aiming to...
Small and Advanced Reactors 2024 Call for Papers
The fourth annual Small and Advanced Reactors conference is going live! Hosted by Nuclear Engineering International, the event will take place on 7th March 2024 at the Hilton Garden...
South Korea launches SMR alliance
South Korea’s Ministry of Trade, Industry & Energy (MOTIE) is establishing a private-public partnership with major corporations including SK and GS Energy to drive the small...
IEA report on clean energy investments says little about nuclear
"A new clean energy economy is emerging - and emerging much faster than many realise," International Energy Agency (IEA) Executive Director Fatih Birol said at the launch of the...
India’s NPCIL and NTPC strengthen co-operation
The Anushakti Vidhyut Nigam Limited, an atomic power joint venture (JV) between Nuclear Power Corporation of India Ltd (NPCIL) and National Thermal Power Corporation (NTPC) is...
Nigeria to formalise legal status of Atomic Energy Commission
Nigeria’s Senate is taking steps to update legislation relating to the 46-year-old Atomic Energy Commission to bring it in line with present day requirements. The process began with...
South Korea and USA boost in high-tech and energy cooperation including nuclear
South Korea and the USA have signed 23 business agreements to boost bilateral cooperation on advanced industries and energy during a business partnership event in Washington. Some...
Five G7 nations aim to cut dependence on Russian nuclear technology
Japan, the UK, Canada, the US and France have agreed to co-operate to reduce dependence on Russia as a supplier of nuclear materials and technology. Their statement was issued at...
Nuclear industry calls on G7 to support development
During a Nuclear Energy Forum, held in Sapporo, Japan, alongside the meeting of G7 ministers on climate, energy and environment, a declaration was issued by nuclear trade...
G7 ministers reaffirm net zero targets, condemn Russia, and offer only qualified support for nuclear
Group of Seven (G7) energy and environment ministers, following a two-day meeting in the northern Japanese city of Sapporo, issued a 36-page communique laying out their commitments...
Belarus and Hungary to co-operate on nuclear energy
Hungary is interested in using the experience and knowledge of Belarus in the field of nuclear energy, Hungarian Foreign Minister Péter Szijjártó told reporters following a meeting of...