Archive for the ‘Nuclear’ Category

China climate pledge would require 50,000 solar farms.

November 21, 2014 Clean Energy, Climate, Nuclear

Bloomberg: China, which does nothing in small doses, will need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it takes up the fight against climate change.”
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Areva financial crisis means Hinckley Point may never happen.

November 19, 2014 Nuclear

Guardian: “The future of the Hinkley Point C nuclear plant in Somerset is under a cloud amid a financial crisis at Areva, a shareholder in the project and the designer of the proposed reactors.
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French government ousts pro-nuclear boss of EDF.

October 15, 2014 Nuclear

Reuters: “President Francois Hollande ousted the pro-nuclear boss of France’s main power utility EDF on Wednesday, replacing him with the head of defence electronics firm Thales a day after a new pro-renewables policy became law.”
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UK renewables companies consider Hinkley EC legal challenge.

October 12, 2014 Commentaries, Finance, Nuclear

Guardian: “Independent energy supplier Ecotricity is among companies and organisations considering a legal challenge against the European commission decision to give the approval for the Hinkley Point C nuclear plant.”
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France to cut nuclear’s share of power market to 50% by 2025.

October 10, 2014 Nuclear

Platts: “France’s lower house of Parliament voted Friday to cut nuclear’s share of the power generation market to 50% by 2025, from 75%, the AFP Parliamentary newswire reported.”
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Japan’s utilities turn on solar, threatening industry’s prospects.

October 9, 2014 Clean Energy, Coal, Gas, Nuclear

Bloomberg: “After spending almost $30 billion on solar energy in a single year and installing as many panels as exist in the whole of Spain, Japan is preparing to ratchet back its boom in photovoltaic power. At least five of the nation’s utilities are restricting the access of new solar farms to their grids.”
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Drilling rig numbers hit in a new record in the US as oil search spreads.

October 8, 2014 Nuclear, Oil

Bloomberg: “Rigs targeting oil in the U.S. surged to a record as drillers ventured outside the nation’s biggest basins to search for crude in developing plays such as the South-Central Oklahoma Oil Province, known as SCOOP.”
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EU approves Hinkley Point nuclear power station, now >£24bn to build.

October 8, 2014 Nuclear

Guardian: “The European commission on Wednesday gave Britain the green light for a huge government subsidy that will open the way for the first atomic power stations to be built for nearly 20 years.”
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Big Six energy giants ‘will lose a quarter of their customers’ by 2020.

October 1, 2014 Clean Energy, Coal, Finance, Gas, Nuclear

Telegraph:  ”The Big Six energy suppliers will lose a quarter of their customers by 2020 as millions of households switch to cheaper rivals, leading analysts have forecast. The least competitive of the major suppliers are likely to quit the market altogether in a radical shake-up of the energy sector, according to analysts at Citigroup.”
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Renewable energy curb by Japanese utilities could force a nuclear restart.

September 29, 2014 Clean Energy, Nuclear

FT: “Two Japanese utilities, responsible for about a fifth of the nation’s power, say they have had their fill of renewable energy, in a move that could add pressure on community leaders to allow idled nuclear reactors back on line.”
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Officials clear British EDF nuclear project, immediately face legal challenge.

September 22, 2014 Nuclear

Reuters: “European Union state aid regulators will clear Britain’s plan to build a 16 billion-pound ($26.15 billion) nuclear plant with French utility EDF, a European Commission official said on Monday.”
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EDF’s four-reactor nuclear outage heightens UK energy supply fears.

September 4, 2014 Nuclear

FT: “Concerns over Britain’s energy capacity shortage deepened on Thursday when EDF Energy warned that the impact of shutting four nuclear reactors for safety reasons would be greater than expected.”
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EDF shuts nuclear reactors in northern England due to faults.

August 11, 2014 Nuclear

Guardian: “Four nuclear reactors at two large power plants in the north of England are to be shut down temporarily, after inspectors discovered a fault with a boiler unit.”
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Collective energy switching auction in UK saves £232 per household.

August 6, 2014 Clean Energy, Coal, Gas, Nuclear

Guardian: “Consumers who took part in the most recent council-led collective switching auction to get cheaper gas and electricity bills saved an average of £232 per household, the Local Government Assocation (LGA) has revealed.”
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Big 6 face criminal prosecution if suspected of price fixing.

August 5, 2014 Clean Energy, Coal, Finance, Gas, Nuclear

FT: “UK regulators will be given powers to prosecute anyone suspected of rigging the energy market, under proposals being put forward by the government.”
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Areva closes its solar business.

August 5, 2014 Clean Energy, Nuclear

Power Engineering: ‘Shares in Areva closed 20 percent lower on Friday as the French nuclear group posted a first-half loss and announced it was dropping its solar business.”
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The Energy of Nations: “thriller-like”, “fast-paced”, “wonderful anecdotes”.

July 24, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Nuclear, Oil

Germana Canzi: “It was with a bit of trepidation that I started to read Jeremy Leggett’s most recent book,The Energy of Nations: Risk Blindness and the Road to Renaissance (Routledge, 2013). Last time I read one of Leggett’s books – The Carbon Wars – it had such an impact on me that it contributed heavily to my decision to leave a promising job as a financial journalist to pursue a fascinating but less linear career in climate change policy.”
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Will the micro-grid put major power companies out of business?

July 23, 2014 Change for Good, Clean Energy, Coal, Gas, Nuclear

Guardian: “For the last century, the power created by large power generators (hydro, nuclear, coal and gas) has been brought to consumers via a grid comprised of transmission lines and cables with varying voltages.”
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Customer complaints about the Big 6 are at an all time high.

July 14, 2014 Coal, Gas, Nuclear

Guardian: “The number of customers complaining to the independent ombudsman about their energy bills has soared with more people making official complaints in the first six months of this year than the whole of last year put together.”
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“EDF nuclear deal is a bad economic bet.”

July 11, 2014 Nuclear

Tom Burke in the Guardian: “It has always been difficult to see what was attractive about theproposed deal with EDF to build a nuclear reactor at Hinkley Point in Somerset. To bring this off the government is offering to sell 35 years of index-linked tax receipts to the French government to buy electricity at twice its current price.”
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