March 23, 2022, 3:00PMNuclear NewsHaving made significant investments in nuclear energy over the past year and a half (including C$27.2 million announced just last week), the Canadian government bewildered nuclear advocates earlier this month with its Green Bond Framework.Released on March 3, the framework specifically excludes nuclear energy, along with the transportation, exploration, and production of fossil fuels, arms manufacturing, gambling, the manufacture and production of tobacco products, and the manufacture and production of alcoholic beverages.Read more...
March 23, 2022, 9:30AMNuclear NewsThe Canadian government has announced an investment of C$27.2 million (about $21.6 million) in Westinghouse Electric Canada to support the development of the company’s eVinci microreactor technology.François-Philippe Champagne, Canada’s minister of Innovation, Science, and Industry, made the announcement on March 17 during a visit to the company’s Burlington, Ontario, facility.Read more...
March 15, 2022, 3:10PMANS Nuclear CafeThe election last week of Yoon Suk Yeol as president of South Korea has provided a big boost for that nation’s nuclear energy-related stocks. Yoon, of the conservative People Power Party, defeated Lee Jae-myung, of the incumbent liberal Democratic Party, on a pro-nuclear platform. As reported by marketwatch.com, Yoon has promised to “reinvigorate the nuclear-energy industry by reactivating suspended atomic power plants and resuming building new ones.”Read more...
March 14, 2022, 9:30AMANS Nuclear CafeThe European Union could reduce imports of Russian natural gas by more than a third within a year through a combination of measures that would support energy security and affordability and would be consistent with the European Green Deal, according to a new report from the International Energy Agency.“Nobody is under any illusions anymore,” said IEA executive director Fatih Birol on announcing the release of the report, A 10-Point Plan to Reduce the European Union’s Reliance on Russian Natural Gas. “Russia’s use of its natural gas resources as an economic and political weapon shows Europe needs to act quickly to be ready to face considerable uncertainty over Russian gas supplies next winter. . . . Europe needs to rapidly reduce the dominant role of Russia in its energy markets and ramp up the alternatives as quickly as possible.”Read more...
March 11, 2022, 7:00AMANS Nuclear CafeAfter offering a small shred of hope that it might be persuaded to keep its remaining power reactors in operation a bit longer to reduce its dependence on Russia for energy, Germany has opted to continue with its nuclear phaseout. The last three operating German reactors, Neckarwestheim-2, Isar-2, and Emsland, are slated for shutdown later this year.Read more...
