Posts Tagged ‘nuclear’

Nuclear reactor contractors demand over 100 bln won in compensation

Contractors forced to temporarily halt work on the Shin-Kori 5 and 6 reactors have asked for 100.37 billion won in compensation from the state-run nuclear power company, an opposition lawmaker said Sunday. According to Rep. Kim Jung-hoon of the main opposition Liberty Korea Party, related companies are asking the Korea Hydro & Nuclear Power Co. […]

New nuclear power cannot rival windfarms on price, energy boss says

Innogy Renewables chief claims future reactors will not be competitive as offshore windfarms become even cheaper New nuclear power stations in the UK can no longer compete with windfarms on price, according to the boss of a German energy company’s green power arm. Hans Bunting, the chief operating officer of renewables at Innogy SE, part […]

Swedish utility to invest in nuclear reactors

Swedish utility Vattenfall will invest 900 million kronor to update two reactors at Sweden's largest nuclear plant, saying the Ringhals facility will continue to supply electricity into the 2040s. Torbjorn Wahlborg, a senior executive vice president at Vattenfall, said Friday that the company was “adding a further safety system to plants that are already safe.” […]

House tax bill trims wind tax credit; extends nuclear provision

Tax credits cherished by the wind and solar industry remain under a rewrite of the tax code revealed by House Republicans, but the measure would trim the wind energy's production tax credit by more than a third. The bill, unveiled by House GOP leaders Thursday, also extends an estimated $6 billion tax credit for the […]

Nuclear power plants in NJ – Arguments pro and con

In New Jersey, we continue to hear about expanding solar and wind power – but 50 percent of all of the energy currently used by Garden State residents and businesses comes from nuclear power plants. Three of the four plants that are operational – the Salem 1 and 2 plants and the Hope Creek plants […]

Fuss about nuclear reactors should educate government, people

The public deliberation commission's decision to recommend the resumption of the construction of two nuclear reactors should offer precious lessons to the government of President Moon Jae-in and the nation as a whole. Most of all, the panel's decision — by the larger-than-expected margin of 19 percentage points — shows that common sense prevails in […]

Perry pursuing policy on coal, nuclear power at odds with Texas record

An unusual coalition of fossil fuel interests, environmentalists and free-market adherents has criticized a proposal from U.S. Energy Secretary Rick Perry that would prop up coal and nuclear plants across the country. And some of those familiar with Texas politics are wondering if the Perry that served as governor for 14 years would have opposed […]

Wind power is now cheaper than nuclear – the energy revolution is happening | John Sauven

Far-sighted government policy means the cost of offshore wind energy has halved. The benefits in terms of climate change and UK jobs will be enormous In March I went to see Henrik Poulsen, the boss of Dong Energy, in Copenhagen. Never heard of him or his company? You are not alone, but the chances are […]

Nuclear must be part of the low-carbon mix | Letters

Agneta Rising of the World Nuclear Association and Dr Alexander Bannara reply to criticisms of the industry Re David Lowry’s criticisms of nuclear energy (Letters, 17 September), it is true that nuclear plants stop generating temporarily for maintenance and repair, but the same is true for most other forms of electricity generation. However, on average […]

Beware nuclear industry’s fake news on being emissions free | Letters

David Blackburn says we need decentralised energy sources; David Lowry on nuclear not being zero-carbon technology; plus letters from David Hayes and Fred Starr I wholeheartedly agree with much of your editorial (14 September), as the economics of new nuclear is weaker than ever at a time when renewables are coming in cheaper year on […]