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Bloomberg sees 60% rise in nuclear generating capacity by 2040
Nuclear generating capacity will grow by some 60% by 2040, but its share of total installed capacity will decrease from 5% in 2015 to 4%, according to the latest annual forecast by Bloomberg New Energy Finance. In its New Energy Outlook 2016, Bloomberg also says continued low gas and coal prices will not derail the advance of renewable energy sources and zero-emission energy sources will make up 60% of global installed generating capacity by 2040.
Energy & Environment
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Friday, 15 July 2016
UK Energy Minister underlines nuclear's role
The UK's decision to leave the European Union has not changed the country's commitment to investing in low-carbon energy, including new nuclear, nor its efforts to tackle climate change, Energy Minister Andrea Leadsom told members of parliament (MPs) today. Meanwhile, a report issued by the National Audit Office (NAO) says the UK "lacks a proven, skilled supply chain to support the construction of a new power station".
Nuclear Policies
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Thursday, 14 July 2016
Exelon ready to make investment in New York plants
Entergy is discussing a potential sale of the James A Fitzpatrick nuclear power plant to Exelon, offering the possibility of keeping the single-unit plant in operation beyond 2017. Exelon has confirmed that it will invest millions of dollars to keep Fitzpatrick and its other nuclear power plants in upstate New York in operation if a support mechanism proposed by the New York State Department of Public Service last week is approved.
Corporate
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Thursday, 14 July 2016
Energy harmony on a major scale
A diverse and balanced energy mix is best for people and the planet. Achieving this globally means nuclear energy should really expand more than most expect, but this requires a concerted effort by the entire nuclear community and its stakeholders to remove barriers to growth, writes Agneta Rising.
Podcasts & Features
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Tuesday, 12 July 2016
New York State sets out subsidy proposals
The New York Department of Public Service has put forward a proposal to help preserve New York's upstate nuclear power plants by valuing their zero-emissions attributes based on the social cost of carbon. The department estimates that the state will realize $5 billion in benefits in the first two years alone if the proposal is implemented.
Energy & Environment
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Tuesday, 12 July 2016
Nuclear is strategic imperative for USA, says NEI
Preserving existing nuclear capacity and preparing to build large amounts of new nuclear capacity in the next decade are strategic imperatives for the USA, the Nuclear Energy Institute has told the US Department of Energy.
Nuclear Policies
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Monday, 11 July 2016
IAEA team applauds Poland's progress with nuclear program
Poland is "taking all the necessary measures" to ensure its nuclear power program meets the highest standards of safety and security and best international practice, Józef Sobolewski, director of the nuclear energy department of the country's Ministry of Energy, has said. Sobolewski's comments followed the conclusion of the International Atomic Energy Agency that Poland has implemented all the recommendations and suggestions of a 2013 Integrated Nuclear Infrastructure Review mission.
Regulation & Safety
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Monday, 4 July 2016
North American leaders commit to 50% clean power goal
The leaders of Canada, Mexico and the USA pledged yesterday to generate 50% of their energy using clean power sources by 2025, using sources including nuclear, renewable and carbon capture and storage technologies.
Energy & Environment
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Thursday, 30 June 2016
UK sets fifth carbon budget
The UK government has set a fifth carbon budget aimed at cutting the country's carbon dioxide emissions by almost 57% by 2032 compared with 1990 levels. Legislation ultimately aims to cut the UK's emissions by 80% by 2050.
Energy & Environment
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Thursday, 30 June 2016
UK remains committed to low-carbon strategy
The UK's decision to leave the European Union has not changed the government's commitment to new nuclear power, or to its climate change goals, says Amber Rudd.
Podcasts & Features
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Wednesday, 29 June 2016
Horizon CEO outlines fresh challenge for nuclear
One of the nuclear industry's most experienced executives has postponed retirement from a 45-year-long career for a rare challenge - to deliver a privately backed new build project. As CEO of Horizon Nuclear Power - the UK subsidiary of Japan's Hitachi - Duncan Hawthorne aims to demonstrate that such a project is able not only to attract investors, but that it will be delivered on time and to budget.
Corporate
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Wednesday, 29 June 2016
Counting the cost of air pollution
Two recent publications have highlighted the issue of air pollution, including that from energy generation. The International Energy Agency today published a strategy for cutting premature deaths from air pollution, while the Organization for Economic Cooperation and Development has studied its economic costs.
Energy & Environment
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Monday, 27 June 2016
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