Wholesale Gas Prices See Little Change as Low Wind and Nuclear Boost Demand
Dutch and British wholesale gas prices were little changed on Tuesday morning as demand for gas for power was boosted by low wind and nuclear output amid a heatwave in much of Europe.The benchmark Dutch front-month contract at the TTF hub was down 0.2 euro at 32.80 euros per megawatt hour (MWh) or $11.17/mmBtu…
EDF Appoints Several Directors to Board Ahead of New Nuclear and Hydropower Projects
France's state-owned EDF has appointed several new directors to its board and will reorganise the group's operations in anticipation of its plans to build six new nuclear reactors and increase investments in hydropower, it said on Tuesday."This evolution aims to strengthen…
ABS AIP for Floating Offshore Nuclear Power Barge
A design for a floating offshore nuclear power barge from HD Korea Shipbuilding & Offshore Engineering (KSOE) and KEPCO Engineering and Construction Company, Inc. (KEPCO E&C) received approval in principle (AIP) from ABS.Project collaborators include ABS, HD KSOE, KEPCO E&C…
Pakistan and China Sign $4.8 Billion Nuclear Power Plant Deal
Pakistan and China signed a $4.8 billion deal on Tuesday to build a 1,200-megawatt nuclear power plant, Prime Minister Shehbaz Sharif said, hailing the investment by a country that Pakistan views as its most dependable ally.Work on the Chashma 5 project would begin immediately…
Floating Nuclear Power Consortium Takes Shape
Korea Hydro & Nuclear Power (KHNP), Samsung Heavy Industries (SHI) and Seaborg Technologies have announced a consortium to develop floating nuclear power plants with Seaborg Technologies' molten salt reactor technology. The power plants will be installed on barges with a modular design able to deliver from 200MWe to 800MWe…
Floating Power Plants: Is Nuclear the Key in the Net-zero Energy Transition?
Floating nuclear power plants (FNPPs) may not immediately spring to mind as providing a solution to several of today’s key global challenges – but FNPP development is emerging as a means of decentralized stand-alone production of cost competitive hydrogen-based fuels and clean electricity and water…
Japan: Ocean Release for Fukushima Water
A panel of experts advising Japan's government on a disposal method for radioactive water from the destroyed Fukushima nuclear plant on Friday recommended releasing it into the ocean, a move likely to alarm neighboring countries.The panel under the industry ministry came to…
Russia's Floating Power Plant Plugged In
Russia’s state-owned nuclear company Rosatom said its floating nuclear power plant has been connected to the grid and has commenced electricity production for the first time in a remote region of Russia.The floating power unit (FPU) Akademik Lomonosov has been connected to the grid…
Seaborne Nuclear Power Plant Docks in Russia
Russia's first-floating nuclear power plant has arrived to its permanent base near an isolated Russian town across the Bering Strait from Alaska, Russian state nuclear energy company Rosatom said on Saturday.Developed by Rosatom, the plant, known as "Akademik Lomonosov", set off on a 5,000 km (3,100 mile) journey on Aug.