Renewables windfall tax ‘would skew investment towards fossil fuels’
Renewable energy generators have hit out at a new UK Government bill which they said would impose a “windfall tax” on the sector and “skew investment towards fossil fuels”.
Nuclear
All Nuclear Posts
Nuclear plant braces as super typhoon barrels toward South Korea
A nuclear plant and industrial giants in South Korea began taking precautions with the most powerful storm in the nation’s history poised to make landfall early Tuesday, after disrupting ports and air traffic across China and Japan.
Newly elected Philippines President eyes renewables and nuclear as LNG prices soar
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
Nuclear and renewables to edge out LNG in South Korea
A potential resurgence in nuclear power combined with increasing renewable energy capacity could see less liquefied natural gas (LNG) fueled power projects built in South Korea than previously anticipated.
EDF reports $1.3bn loss as France prepares nationalisation
Electricite de France (EDF) reported a historic loss for the first half of 2022 as it suffered a slump in nuclear output in the midst of a severe European energy crisis.
Coal plus renewables will shape energy transition in Asia as $2.9tn in power investment eyed
The coal plus renewables energy transition led by Asia Pacific’s largest growth markets – China and India – is gathering speed. Significantly, it is a lot cheaper than the natural gas plus renewables path followed by the EU and US to lower emissions.
Government go-ahead for new nuclear power station
A multibillion-pound project to build a new nuclear power station has been given the go-ahead, more than two years after plans were first submitted.
Scotland’s nuclear debate lacks ‘detailed facts’ needed to ensure energy security
Obsolete and bad information is plaguing the debate around new nuclear power developments in Scotland, according to one of the UK’s leading energy lawyers.
Transition needs set to energise China’s nuclear power sector
Nuclear power will play a crucial role in China’s decarbonisation drive with capacity set to expand 7% every year to 2035, according to S&P Global Ratings.
Norwegian designer makes bold move into nuclear shipping
More than six decades since the idea of building nuclear-powered merchant ships hit the headlines, the concept is back, radically revamped by Norwegian ship designed and builder Ulstein.
Unions left frustrated after motion to back nuclear in Scotland fails to gain traction
A pair of trade unions have been left exasperated after a planned debate around the future of nuclear energy in Scotland faltered.
Investigation launched after emergency response to chemical leak at Dounreay
A formal investigation is under way following a chemical leak at Dounreay on Wednesday night.
UK energy strategy to ‘breathe new life’ into North Sea and Net Zero
A commitment to North Sea oil and gas while ramping up nuclear, hydrogen and offshore wind, is at the heart of a new UK strategy to protect consumers from future surges in energy bills.
How ESG, and the wider energy industry, is being challenged by Russia’s invasion of Ukraine
The definitions of Environmental, social and corporate governance (ESG) have been challenged by Russia’s invasion of Ukraine, nowhere more so than in the energy sector, where companies have been forced by events to exit Russia abruptly and energy prices have soared to record levels.
Uncertainty for South Korea LNG imports as nuclear energy embraced
Following presidential elections earlier this month, energy-short South Korea looks set to pivot back towards nuclear power, leaving the outlook for liquefied natural gas (LNG) imports less certain.
Westminster aiming to ramp up renewables targets in energy security push
The UK Government is poised to drastically ramp up its renewables targets, according to reports.
Most Japanese back nuclear for first time since Fukushima
For the first time in more than a decade, a narrow majority of Japanese now support restarting idled nuclear reactors, according to a poll in the country’s top business newspaper.
Energy reality bites as Ukraine crisis unfolds
The madness in Ukraine has dramatically fast-forwarded issues that were already in the making. Soaring energy prices, over-reliance on imported gas, storage which is essential to facilitate the growth of renewables … the list goes on and on.
European Commission backs gas, nuclear for energy transition
The European Commission has confirmed that some gas and nuclear resources will be acceptable in the energy transition.
Global nuclear investments on the rise: $91 billion to be spent in next two years
Nuclear power can be a polarising energy source, but as countries seek cleaner, low-carbon alternatives to fossil fuels, investments in nuclear are projected to soar in the coming years, particularly in China, India and Russia, the latest research from Rystad Energy shows. The consultancy estimates $91 billion will be invested in the global nuclear sector by the end of next year.
Hunterston B nuclear plant shut down after powering homes for four decades
One of Scotland's two nuclear power plants is being permanently shut down, almost 46 years after it started generating electricity.
If time is our enemy, then technology is our friend
The Climate Change Committee (CCC) has stated that the UK is "nowhere near" meeting emissions targets enshrined in the Glasgow Climate Pact.
Europe power crunch shuts down factories as prices hit record
European power climbed to a fresh record as France faces a winter supply crunch, with heavy industries forced to curb production across the region.
Qatar takes Rolls-Royce small nuclear plans over the line
The Qatar Investment Authority (QIA) has reached a deal with Rolls-Royce to invest in new small-scale nuclear power.
Researchers from Bristol Uni given unprecedented access to Chernobyl to deploy mapping equipment
A team of scientists from Bristol University have been given unprecedented access to the infamous Chernobyl Nuclear Power Plant.