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Energy Net

GERMANY: Nuclear Power Fails, And Nobody Notices - IPS ipsnews.net - 0 views

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    Seven German nuclear plants have failed to generate any electricity this month due to technical breakdowns. They have about half the production capacity of Germany's 17 nuclear reactors, but Germany did not suffer any power shortages. The plants have between them a 9,000 megawatt (MW) capacity, but Germany generates more electricity than it consumes, and has been exporting some of the surplus to France, which is heavily dependent on nuclear power. Early this month, three plants shut down automatically due to failures in their transformers. The other four have been out of service for months, and are undergoing expensive repairs. The breakdowns come at a time when the planned phasing out of nuclear power is under attack. In 2002, the coalition government of the Social Democratic Party (SPD) and the Greens decided that all nuclear reactors would be phased out by 2021. At the same time, the government launched a massive investment programme in renewable energy, making Germany the leading country in Europe in use of the sun and wind as energy sources. According to official figures, Germany generates 15 percent of the electricity it consumes from renewable sources. A law passed in 2008 sets a target of generating at least 30 percent of electricity through renewables by 2020. Additionally, on Jul. 13, a group of large German companies announced a joint investment of 400 billion euros (560 billion dollars) in setting up solar thermal plants in the Sahara, to generate at least 15 percent of all electricity needed in Europe by the year 2020. But Chancellor Angela Merkel announced Jul. 1 that she would reverse the phasing out of nuclear power if her Christian Democratic Party wins the general election in September, and can form a coalition with the right-wing Liberal Democratic Party. Merkel presently rules in coalition with the SPD. "Nuclear power remains an indispensable component of the German energy mix," Merkel told the annual meeting of Atomforum, a group represe
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    Seven German nuclear plants have failed to generate any electricity this month due to technical breakdowns. They have about half the production capacity of Germany's 17 nuclear reactors, but Germany did not suffer any power shortages. The plants have between them a 9,000 megawatt (MW) capacity, but Germany generates more electricity than it consumes, and has been exporting some of the surplus to France, which is heavily dependent on nuclear power. Early this month, three plants shut down automatically due to failures in their transformers. The other four have been out of service for months, and are undergoing expensive repairs. The breakdowns come at a time when the planned phasing out of nuclear power is under attack. In 2002, the coalition government of the Social Democratic Party (SPD) and the Greens decided that all nuclear reactors would be phased out by 2021. At the same time, the government launched a massive investment programme in renewable energy, making Germany the leading country in Europe in use of the sun and wind as energy sources. According to official figures, Germany generates 15 percent of the electricity it consumes from renewable sources. A law passed in 2008 sets a target of generating at least 30 percent of electricity through renewables by 2020. Additionally, on Jul. 13, a group of large German companies announced a joint investment of 400 billion euros (560 billion dollars) in setting up solar thermal plants in the Sahara, to generate at least 15 percent of all electricity needed in Europe by the year 2020. But Chancellor Angela Merkel announced Jul. 1 that she would reverse the phasing out of nuclear power if her Christian Democratic Party wins the general election in September, and can form a coalition with the right-wing Liberal Democratic Party. Merkel presently rules in coalition with the SPD. "Nuclear power remains an indispensable component of the German energy mix," Merkel told the annual meeting of Atomforum, a group represe
Energy Net

Business Report - Cost of nuclear demo plant soars to R31bn - 0 views

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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
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    The cost of Pebble Bed Modular Reactor's (PBMR's) demonstration plant and pilot fuel plant had almost doubled to R31-billion as a result of inflation and higher materials costs, company chief executive Jaco Kriek said last week. Kriek said the demonstration reactor, which would generate 200 megawatts of heat and 80MW of electricity, was now expected to be commissioned by 2018 - four years later than previously expected. The plant has yet to receive environmental clearance.
Energy Net

BYU NewsNet - Local Scientists Discuss the Future of Nuclear Power in Utah, Nationally - 0 views

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    The future of electricity production is being questioned as advances in nuclear power technology are being more widely researched. While the ability to produce electricity cleanly and inexpensively is becoming difficult, alternatives to traditional electricity production are being examined. Currently coal is Utah's most used resource for electricity generation. As of 2005, the U.S. Department of Energy stated that 93 percent of Utah's electricity comes from coal. At a recent conference local scientists constructed a strong case for using nuclear power to meet Utah and the country's future electricity needs. The following advantages and disadvantages of nuclear power were discussed:
Energy Net

Bill Grant: Nuclear power revisited: The elephant in the room | StarTribune.com - 0 views

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    There's still nowhere to put that toxic waste Nuclear electricity is affordable and emission free People opposed to nuclear energy applications point to the high initial price tag of enormous nuclear generating facilities that can … read more provide enough reliable electricity for several million people; they often overlook the resulting low cost per unit of power when spread over that large market. There are 104 nuclear plants operating in the US today. Many of us who are old enough to remember the controversies surrounding their construction can remember how many times we were told that nuclear power plants are frighteningly expensive and that they always cost more than predicted. We even remember that electrical power prices often increased immediately after the plants went into operation due to the effect of adding those big, expensive plants into the utility rate base. What many people who consider "news" media to be their only information sources rarely understand, however, is that the 104 plants currently operating provide the US with 20% of its electric power at an average production cost of about 1.8 cents per kilowatt hour. They also do not understand that after a few decades of operation and revenue production, the initial mortgages on those plants are largely paid off. The best information of all, which is not really "news" and does not get regularly published on the front page, is that the plants still have at least 20 years of life remaining during which they can produce emission free, low cost power. The companies that own the plants and their stock holders understand the economics pretty well; that is why 18 applications for 25 new plants have been turned into the Nuclear Regulatory Commission already with more in the pipeline. All of the used fuel - what some people call waste - is being carefully stored in a tiny corner of the existing sites, just waiting to be recycled into new fuel. It still contains 95% of its initial potential energy, but
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    There's still nowhere to put that toxic waste Nuclear electricity is affordable and emission free People opposed to nuclear energy applications point to the high initial price tag of enormous nuclear generating facilities that can … read more provide enough reliable electricity for several million people; they often overlook the resulting low cost per unit of power when spread over that large market. There are 104 nuclear plants operating in the US today. Many of us who are old enough to remember the controversies surrounding their construction can remember how many times we were told that nuclear power plants are frighteningly expensive and that they always cost more than predicted. We even remember that electrical power prices often increased immediately after the plants went into operation due to the effect of adding those big, expensive plants into the utility rate base. What many people who consider "news" media to be their only information sources rarely understand, however, is that the 104 plants currently operating provide the US with 20% of its electric power at an average production cost of about 1.8 cents per kilowatt hour. They also do not understand that after a few decades of operation and revenue production, the initial mortgages on those plants are largely paid off. The best information of all, which is not really "news" and does not get regularly published on the front page, is that the plants still have at least 20 years of life remaining during which they can produce emission free, low cost power. The companies that own the plants and their stock holders understand the economics pretty well; that is why 18 applications for 25 new plants have been turned into the Nuclear Regulatory Commission already with more in the pipeline. All of the used fuel - what some people call waste - is being carefully stored in a tiny corner of the existing sites, just waiting to be recycled into new fuel. It still contains 95% of its initial potential energy, but
Energy Net

Nuclear power plants get little state support | NewsOK.com - 0 views

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    "Nuclear power accounted for nearly 20 percent of the electricity generated in the United States in 2008. Oklahoman graphics illustration Multimedia Photoview all photos More Info By the numbers Nuclear power statistics * 19.6: Percentage of U.S. electric generation derived from nuclear reactors in 2008 * 14: Percentage of electricity generated by nuclear power worldwide in 2008 * 31: States with operational nuclear reactors * 6: States that derive the largest percentage of their electricity from nuclear power * 104: Number of operational nuclear reactors in the U.S. * 1982: Year Public Service Co. of Oklahoma canceled plans to build a nuclear plant near Inola Source: Nuclear Energy Institute, Oklahoman archives Advocates such as the Nuclear Energy Institute claim it is the country's "largest source of clean-air, carbon-free electricity, producing no greenhouse gases or air pollutants." Nuclear also has the lowest operations and maintenance costs of any fuel source, NEI spokesman Mitch Singer said. But none of that matters to Oklahoma's two largest power companies. "We have no plans to build or explore a nuclear option," Oklahoma Gas and Electric Co. spokesman Brian Alford said. "It's cost prohibitive for utilities of our size.""
Energy Net

Nanomaterial turns radiation directly into electricity - New Scientist - 0 views

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    Materials that directly convert radiation into electricity could produce a new era of spacecraft and even Earth-based vehicles powered by high-powered nuclear batteries, say US researchers. Electricity is usually made using nuclear power by heating steam to rotate turbines that generate electricity. But beginning in the 1960s, the US and Soviet Union used thermoelectric materials that convert heat into electricity to power spacecraft using nuclear fission or decaying radioactive material. The Pioneer missions were among those using the latter, "nuclear battery" approach.
Energy Net

Washington Public Power Supply System (WPPSS): Public Power at the Nuclear Frontier - W... - 0 views

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    The development of nuclear reactors on the Hanford Reservation in Central Washington during World War II encouraged electric utility planners to pursue the construction of nuclear reactors to satisfy rapidly escalating demands for electricity from both residential and industrial customers in the 1960s and 1970s. Public utility districts and municipal utilities throughout Washington joined in a cooperative named the Washington Public Power Supply System to finance the construction of three nuclear reactors to produce electricity for consumers throughout Washington State. Some historical questions: What impact has WPPSS had the electric power supply of the Pacific Northwest? The construction of WPPSS nuclear reactors was financed by the sale of bonds. What kind of return did WPPSS bond holders get on their investment?. Why wasn't system completed? What characteristics of nuclear energy caused trouble for the system? How were the increasing electricity needs of the State met without WPPSS's nuclear power plants? Be sure to consider other possibilities for historical questions as you analyze and interpret this topic.
Energy Net

Toshiba to buy stake in Japanese nuclear company: report | Deals | Reuters - 0 views

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    Toshiba Corp will take a 52 percent stake in a Japanese nuclear fuel producer for about 10 billion yen, the Nikkei business daily said without citing sources. Westinghouse Electric Co, a U.S. subsidiary of Toshiba will buy shares of Nuclear Fuel Industries Ltd from Furukawa Electric Co (5801.T) and Sumitomo Electric Industries (5802.T) in an equal joint venture, the paper said. As a result of the deal, stakes of Furukawa Electric and Sumitomo Electric will come down to 24 percent each.
Energy Net

Indiana bill would define clean coal and nuclear energy as 'renewable' | Grist - 0 views

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    The Indiana lawmakers are considering legislation that would define "clean coal" and nuclear-generated electricity as renewable energy. They're also mulling bills that would define John "Cougar" Mellencamp as a jazz musician and categorize the pork tenderloin sandwich as a vegetable. Seriously, the energy change, being debated as part of a set of changes to the state's electricity laws, would allow nuclear and clean coal electricity to qualify for state renewable energy funding incentives. And it would let them count toward a renewable electricity standard -also under consideration in the statehouse-that would require Indiana utilities to produce 15 percent of their electricity from renewable sources by 2025.
Energy Net

State regulators block Duke Energy's electricity plan - 0 views

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    Duke Energy's bid to compete against other power companies for the largest and most lucrative electricity customers has been blocked by the N.C. Utilities Commission. Duke, the state's biggest electric utility, had planned to sign a 10-year contract to sell electricity to the city of Orangeburg, S.C., which lies outside of Duke's regulated service area. The South Carolina city has been buying power from S.C. Electric & Gas since 1919 and is that utility's biggest single customer.
Energy Net

AFP: EDF announces sale of British electricity grid - 0 views

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    French state electricity giant EDF said on Friday it had put on sale its electricity distribution network in Britain with the aim of raising more than 4.0 billion euros (5.8 billion dollars) to reduce debt. The EDF distribution network in Britain covers London and the southeast of the country, a region that accounts for 40 percent of British gross domestic product, EDF said. EDF provides power to 7.9 million homes in Britain, amounting to 28 percent of the country's electricity supply. The Sunday Times newspaper reported in August that several parties, including an Abu Dhabi investment fund, were interested in acquiring the network.
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    French state electricity giant EDF said on Friday it had put on sale its electricity distribution network in Britain with the aim of raising more than 4.0 billion euros (5.8 billion dollars) to reduce debt. The EDF distribution network in Britain covers London and the southeast of the country, a region that accounts for 40 percent of British gross domestic product, EDF said. EDF provides power to 7.9 million homes in Britain, amounting to 28 percent of the country's electricity supply. The Sunday Times newspaper reported in August that several parties, including an Abu Dhabi investment fund, were interested in acquiring the network.
Energy Net

Nuclear Energy - The New York Times - 0 views

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    Nuclear power plants use the forces within the nucleus of an atom to generate electricity. The first nuclear reactor was built by Enrico Fermi below the stands of Stagg Field in Chicago in 1942. The first commercial reactor went into operation in Shippingport, Pa., in December, 1957. In its early years, nuclear power seemed the wave of the future, a clean source of potentially limitless cheap electricity. But progress was slowed by the high, unpredictable cost of building plants, uneven growth in electric demand, the fluctuating cost of competing fuels like oil and safety concerns.
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    Nuclear power plants use the forces within the nucleus of an atom to generate electricity. The first nuclear reactor was built by Enrico Fermi below the stands of Stagg Field in Chicago in 1942. The first commercial reactor went into operation in Shippingport, Pa., in December, 1957. In its early years, nuclear power seemed the wave of the future, a clean source of potentially limitless cheap electricity. But progress was slowed by the high, unpredictable cost of building plants, uneven growth in electric demand, the fluctuating cost of competing fuels like oil and safety concerns.
Energy Net

The Diamondback - Nuclear energy: Don't believe the sticker price - 0 views

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    A common perception of nuclear power is that it's an affordable, carbon-free energy source that could meet a lot of America's demand for electricity, if only those darn environmentalists would get out of the way. Unfortunately for nuclear power advocates and Maryland ratepayers, this statement crumbles upon contact with reality. The average cost of electricity for all of Maryland's sectors is 13.45 cents per kilowatt-hour. There's a growing possibility some of us will have the pleasure of paying double that thanks to the pending merger between Constellation Energy and French electric giant EDF Energy, which is supposed to pave the way for construction of a new nuclear power plant at Calvert Cliffs. Doubling rates is fairly easy to predict with a trip down memory lane.
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    A common perception of nuclear power is that it's an affordable, carbon-free energy source that could meet a lot of America's demand for electricity, if only those darn environmentalists would get out of the way. Unfortunately for nuclear power advocates and Maryland ratepayers, this statement crumbles upon contact with reality. The average cost of electricity for all of Maryland's sectors is 13.45 cents per kilowatt-hour. There's a growing possibility some of us will have the pleasure of paying double that thanks to the pending merger between Constellation Energy and French electric giant EDF Energy, which is supposed to pave the way for construction of a new nuclear power plant at Calvert Cliffs. Doubling rates is fairly easy to predict with a trip down memory lane.
Energy Net

Banks to set 400 bil. yen credit line for quake-hit Tohoku Electric - The Mainichi Dail... - 0 views

  • The major commercial banks and the DBJ will thus provide a total of 550 billion yen to Tohoku Electric, following some 2 trillion yen in loans they extended by April to Tokyo Electric Power Co. plagued with the Fukushima Daiichi nuclear plant crisis set off by the quake-tsunami disaster.
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    "Major Japanese commercial banks are in final talks to set a 400 billion yen syndicated credit line possibly in August for Tohoku Electric Power Co., which has had difficulties raising funds through debt issues amid the Fukushima nuclear crisis, sources close to the matter said Friday. The government-controlled Development Bank of Japan is also considering a low-interest crisis response loan worth some 150 billion yen to the utility serving northeastern Japan, which was devastated by the March 11 earthquake and tsunami, they said. The major commercial banks and the DBJ will thus provide a total of 550 billion yen to Tohoku Electric, following some 2 trillion yen in loans they extended by April to Tokyo Electric Power Co. plagued with the Fukushima Daiichi nuclear plant crisis set off by the quake-tsunami disaster."
Energy Net

Toshiba, Hitachi, Tokyo Electric to Form Japan Nuclear Venture - Bloomberg - 0 views

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    "Toshiba Corp., Hitachi Ltd. and Tokyo Electric Power Co. are among six Japanese companies that will form a joint venture to sell nuclear reactors and technology to Vietnam and other countries. The group, which includes Mitsubishi Heavy Industries Ltd., Chubu Electric Power Co. and Kansai Electric Power Co., will seek financial assistance from the trade ministry, they said in a joint statement yesterday. The companies have set up an office ahead of forming the venture this autumn. Japan is holding talks for nuclear cooperation treaties with India, Jordan, and Russia and has had preliminary discussions with Vietnam. The trade ministry will work to speed negotiations for the treaties, which are necessary for Japanese companies to export nuclear technology, the ministry said in a statement yesterday. "
Energy Net

Tampa Bay braces for pricier energy | HeraldTribune.com | Southwest Florida's Informati... - 0 views

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    Residents and businesses in the Tampa Bay area soon will be paying a lot more for electricity. Customers of Tampa Electric Co. and Progress Energy will see a double-digit percentage increase in their electric bills beginning next year under plans approved this week by state regulators. The utilities say the increases are needed to cover higher costs for oil, natural gas and coal, which are used to generate electricity. For TECO customers, bills will rise about 12 percent. The cost of 1,000 kilowatt hours will jump from $114.38 now to $128.44 in January.
Energy Net

FR Doc: NRC: Notice of Consideration of Approval of the Proposed Transfer of the Catawb... - 0 views

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    Duke Energy Carolinas, LLC; North Carolina Electric Membership Corporation; Saluda River Electric Cooperative, Inc.; Catawba Nuclear Station, Unit 1; Notice of Consideration of Approval of the Proposed Transfer of the Catawba Nuclear Station, Unit 1, Renewed Facility Operating License No. NPF-35 and Conforming Amendment, and Opportunity for a Hearing Regarding Transfer of the Saluda River Electric Cooperative, Inc.'S Undivided Ownership Interest in Catawba Nuclear Station, Unit 1, to Duke Energy Carolinas, LLC, a Current Owner and Operator and North Carolina Electric Membership Corporation, a Current Owner
Energy Net

Focus on efficiency, not nuclear plant -- baltimoresun.com - 0 views

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    Sunday's Sun editorial claims the Constellation Energy Group-Electricite de France deal will help ratepayers, in part because EDF might construct a new nuclear reactor that will increase Maryland's supply of electricity ("PSC's power play," Sept. 20). The cost of a new nuclear reactor is in the billions, and the electricity generated by the reactor may not be available for a decade. The problem is that ratepayers are suffering high energy costs now. The best and most immediate solution to our high energy costs is investment in energy efficiency. Instead of investing billions into nuclear, we should invest heavily in weatherizing and retrofitting our homes and businesses. By doing so, we will decrease the amount of electricity needed to turn on our lights and keep us warm in the winter. In fact, studies demonstrate that we can reduce Maryland's electricity use by 15 percent by the year 2015 through basic energy efficiency projects. We owe it to ratepayers to start lowering utility rates today, not in a decade. Fielding Huseth, Baltimore
Energy Net

Japan delays MOX nuclear fuel goal by 5 years | Reuters - 0 views

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    Japan's power industry utilities' association said on Friday it has delayed a target of having 16-18 nuclear reactors using mixed-oxide (MOX) fuel by five years to March 2016, denting the resource-poor nation's goal of a "closed" nuclear fuel cycle. Japan is aiming to move towards a closed cycle where it recycles its own spent fuel and then burns recovered uranium and plutonium as MOX fuel. The Federation of Electric Power Companies of Japan, made up of 10 utilities, said it would do its best to achieve the target by the year starting in April 2015, when a nuclear reprocessing plant in northern Japan is scheduled to start operations. MOX plutonium-uranium enriched fuel is controversial because critics fear it could be used to build nuclear weapons. Currently, no commercial reactors in Japan use the fuel, but Chubu Electric Power Co (9502.T), Shikoku Electric Power Co (9507.T) and Kyushu Electric Power (9508.T) last month imported MOX fuel from France. (Reporting by Osamu Tsukimori; Editing by Hugh Lawson)
Energy Net

Toshiba to Buy Nuclear Fuel Stake for $103 Million (Update1) - Bloomberg.com - 0 views

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    Toshiba Corp., Japan's largest supplier of reactors, will spend 10 billion yen ($103 million) buying a nuclear-fuel manufacturer to help compete with global rivals such as Areva SA for new atomic power plants. Toshiba subsidiary Westinghouse Electric Co. agreed to buy a 52 percent stake in Nuclear Fuel Industries Ltd. from Sumitomo Electric Industries Ltd. and Furukawa Electric Co., Toshiba said in a statement to the Tokyo Stock Exchange today. It plans to complete the purchase in May, it said. Better access to fuel may help Toshiba win orders as competition with France's Areva and an alliance between Hitachi Ltd. and General Electric Co. intensifies. Nuclear power generation is set to increase as developing countries led by China and India build more reactors to meet demand and cut carbon emissions blamed for global warming.
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