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
IAEA climate conference gets off to a good start
Some 550 participants from 79 countries and 18 international organisations took part in the International Atomic Energy Agency’s (IAEA’s) Conference in Vienna on Climate Change and...
UAE signs MOUs with French and South Korean companies
The UAE’s Barakah One Company (BOC), a subsidiary of the Emirates Nuclear Energy Corporation (Enec), on 25 September signed a memorandum of understanding (MOU) with Korea Electric...
South Korea looks to the Middle East
Korea Atomic Energy Research Institute has signed an agreement with Saudi Arabia's King Abdullah City for Atomic and Renewable Energy to establish and operate a joint research...
Belgium’s Elia warns of capacity gap as IAEA assesses long-term safety
Belgian grid operator Elia said in its “Adequacy and flexibility study for Belgium 2020-2030”, that around 3.9GWe of new power generating capacity will be needed to withstand...
Nuclear companies sign manifesto for a decarbonised Europe
Representatives from the nuclear industry meeting at the Nuclear in a Changing World conference in Bucharest, Romania, on 26 June issued a manifesto outlining the steps needed to...
Finland’s new government goes for carbon neutrality
Finland’s new centre-left coalition government on 4 June said Finland plans to be carbon-neutral by 2035 and to achieve negative carbon dioxide emissions shortly after, with nuclear...
IEA calls for investment in nuclear to achieve climate goals
The International Energy Agency (IEA), in a report published on 28 May, warned that a decline in nuclear energy capacity would threaten climate goals and supply security unless...
UK releases report on micro reactors after three year delay
The UK Department for Business, Energy & Industrial Strategy on 22 March published a report on Micro Nuclear Reactors (MNRs) produced for the Department by Nuvia, WSP and...
Joi Scientific and NB Power to develop hydrogen powered grid
US-based Joi Scientific will partner with Canada’s New Brunswick Power to develop a hydrogen production system to make possible the world’s first electricity grid that uses hydrogen as...
Japan reduces its dependence on LNG
Japan’s imports of liquefied natural gas (LNG) are likely to decrease by up to 10% in 2019 after five nuclear reactors returned to service in 2018, the US Energy...
Spanish electricity companies agree on scaled closure of nuclear plants
Spain’s three main electricity companies (Endesa, Iberdrola and Naturgy) on 30 January reached agreement in principle with the Ministry of Ecological Transition to scale the closure ...
Taipower rules out operation of Lungmen
State-run Taiwan Power Co (Taipower) on 31 January ruled out starting up the Lungmen nuclear power plant, dismissing suggestions that it would take only three years.
France’s nuclear industry signs strategic contract for future projects
The French nuclear industry on 28 January signed a strategic contract with the government and unions for 2019-2022, proposing an action plan for the industry to push ahead...
IAEA announced major conference on climate change
The International Atomic Energy Agency (IAEA) has issued an announcement and call for papers for a Conference on Climate Change and the Role of Nuclear Power to be held in Vienna from...
Russia signs cooperation agreement with Serbia
Russian President Vladimir Putin on 17 January signed a package of agreements with the Republic of Serbia, which creates a legal basis for the practical implementation of joint...
NuScale eyes the Jordanian SMR market
US-based NuScale Power has signed a memorandum of understanding with the Jordan Atomic Energy Commission (JAEC), to evaluate NuScale’s small modular reactor (SMR) for use in Jordan.
Rwanda signs inter-governmental agreement with Russia
Russia and Rwanda on December 5 signed an Intergovernmental Agreement on Cooperation in the Use of Atomic Energy for Peaceful Purposes.
Poland looks to nuclear
Poland’s Ministry of Energy on 23 November published its draft Polish Energy Policy until 2040 (PEP2040). The document will be subject to public consultations until 15 January 2019,...
Taiwan closes Chinshan
Taiwan’s oldest operating nuclear plant, Chinshan 1 (a 636MWe boiling water reactor), ceased operations on 5 December and has officially entered decommissioning.
