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....”. The committee’s report echoed a warning from nuclear energy lawyers that leaving Euratom without a new deal would see the trade in nuclear fuel grind to a halt and could ultimately force Britain’s reactors to switch off. ... [Read full article on Guardian ]
Monday 1st of May 2017 11:01:11 PM
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....One notable omission was nuclear power, compared with the 2015 manifesto, which promised a “significant expansion in new nuclear”. “The lack of any mention of nuclear energy is telling: it’s clear May doesn’t want to be associated with a beleaguered industry at a time when alternatives like wind and solar are getting ever cheaper,” said Greenpeace UK’s executive director, John Sauven, who was also critical of the support for shale gas. ... [Read full article on Guardian ]
Thursday 18th of May 2017 05:00:40 PM
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....”. She was echoed by Rupert Cowen, a senior nuclear energy lawyer at Prospect Law. ... [Read full article on Guardian ]
Tuesday 2nd of May 2017 02:44:23 PM
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Latest Finance News related to Nuclear Energy

National Grid boss says Labour plan will stall green energy drive image
Source : Guardian [Read Article] Thursday 18th of May 2017 05:00:40 PM
....One notable omission was nuclear power, compared with the 2015 manifesto, which promised a “significant expansion in new nuclear”. “The lack of any mention of nuclear energy is telling: it’s clear May doesn’t want to be associated with a beleaguered industry at a time when alternatives like wind and solar are getting ever cheaper,” said Greenpeace UK’s executive director, John Sauven, who was also critical of the support for shale gas. ...
Nuclear industry warns UK must avoid 'cliff edge' over Brexit image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 02:44:23 PM
....”. She was echoed by Rupert Cowen, a senior nuclear energy lawyer at Prospect Law. ...
Britain's energy supply is in jeopardy after Brexit, warn MPs image
Source : Guardian [Read Article] Monday 1st of May 2017 11:01:11 PM
....”. The committee’s report echoed a warning from nuclear energy lawyers that leaving Euratom without a new deal would see the trade in nuclear fuel grind to a halt and could ultimately force Britain’s reactors to switch off. ...
'See you in court': activists ready for Trump to relax smog and drilling rules image
....Zinke revealed the forthcoming order, with few details, in a presentation to the National Ocean Industries Association (NOIA) in Washington that was closed to press, according to a number of attendees. An executive order on 28 March, however, instructed the heads of all federal agencies to “review all existing regulations, orders, guidance documents, policies, and any other similar agency actions … that potentially burden the development or use of domestically produced energy resources, with particular attention to oil, natural gas, coal, and nuclear energy resources”. ...
Toshiba forced to buy 40% of UK's NuGen image
Source : BBC [Read Article] Tuesday 4th of April 2017 03:16:02 PM
. Toshiba has been forced to buy the 40% of the UK nuclear energy company NuGen that it does not already own. ...
Westinghouse bankruptcy move casts shadow over world nuclear industry image
Source : Guardian [Read Article] Wednesday 29th of March 2017 08:20:19 AM
....The US bankruptcy filing by nuclear giant Westinghouse has been branded a major blow to the prospects for new atomic power globally. The nuclear arm of Toshiba proudly states “we are nuclear energy” on its website, a boast underpinned by its technology being in around half the world’s reactors. ...
E.On clears up the past with €16bn full-year loss image
Source : BBC [Read Article] Wednesday 15th of March 2017 08:16:40 AM
....E. On also paid €2bn towards a domestic policy of phasing out nuclear energy. ...
Budget: Money for robots, cars and 5G image
Source : BBC [Read Article] Wednesday 8th of March 2017 02:04:53 PM
...."Robotics and AI is set to be a driving force in increasing productivity, but also in solving societal and environmental challenges," commented Dr Sabine Hauert from the University of Bristol. "It's opening new frontiers in off-shore and nuclear energy, space and deep mining. ...
UK nuclear power stations 'could be forced to close' after Brexit image
Source : Guardian [Read Article] Tuesday 28th of February 2017 03:28:07 PM
....Nuclear power stations would be forced to shut down if a new measures are not in place when Britain quits a European atomic power treaty in 2019, an expert has warned. Rupert Cowen, a senior nuclear energy lawyer at Prospect Law, told MPs on Tuesday that leaving the Euratom treaty as the government has promised could see trade in nuclear fuel grind to a halt. ...
UK plans draft response to foreign takeovers after failed Unilever bid image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 03:07:18 PM
....At the same time as giving the green light to Hinkley, the government announced a review of its approach to the ownership and control of “critical infrastructure”. “This will allow the UK government to introduce a consistent approach to considering the national security implications of all significant investments in critical infrastructure, including nuclear energy, in the future,” it said at the time. ...
EDF faces £1m a day bill to keep French nuclear reactor offline image
Source : Guardian [Read Article] Tuesday 21st of February 2017 07:00:02 AM
....“It took operator EDF almost a week to progressively correct the original outage estimate from one day to 50 days. EDF has provided no information as to why the outage time went from a few days to seven weeks,” said Mycle Schneider, a nuclear energy consultant based in Paris. ...
Brexit will delay new British nuclear power stations, warn experts image
Source : Guardian [Read Article] Friday 27th of January 2017 11:12:51 AM
....He noted that because the UK was a supporter of nuclear power, Brexit would affect the balance of nuclear policies in the EU, where Germany, Italy and even strongly pro-nuclear France had taken steps in recent years to reduce their reliance on atomic power. Vince Zabielski, a nuclear energy specialist at the law firm Pillsbury Winthrop Shaw Pittman, said: “If the UK leaves Euratom before new standalone nuclear cooperation treaties are negotiated with France and the US, current new build projects will be placed on hold while those standalone treaties are negotiated. ...
United Arab Emirates to invest $163bn in renewables image
Source : BBC [Read Article] Tuesday 10th of January 2017 05:28:16 PM
....The UAE is eighth on the World Bank's worldwide list of CO2 emissions per capita, below Qatar, Kuwait and Bahrain. UAE Prime Minister Sheikh Mohammed bin Rashid al-Maktoum said it is hoped that by 2050, 44% of the country's energy needs will be provided by renewables, with 38% from gas, 12% from cleaner fossil fuel and 6% from nuclear energy. ...
Toshiba shares slump: What's going wrong? image
Source : BBC [Read Article] Thursday 29th of December 2016 02:03:02 AM
....And while the firm has said the writedowns announced this week were a one-off, nuclear services globally are struggling. Since the Fukushima disaster in 2011, nuclear energy has been a much harder sell. ...
German nuclear firms 'can claim compensation over shutdown' image
Source : BBC [Read Article] Tuesday 6th of December 2016 01:09:40 PM
....The phasing out of nuclear power is a flagship policy of Chancellor Angela Merkel's government. "It was permissible for lawmakers to take the accident in Fukushima as a prompt to speed up exiting nuclear energy to protect the health of people and the environment," senior judge Ferdinand Kirchhof told the court in Karlsruhe. ...

Erdogan praises 'dear friend' Vladimir Putin in Russian-Turkish detente
 image
Source : Telegraph [Read Article] Tuesday 9th of August 2016 12:21:04 PM
....Russia provides more than half of Turkey’s gas imports. Rosatom, Russia’s state-owned nuclear energy monopoly, is contracted to build the country’s first nuclear power plant. ...
China 'warning' over Hinkley Point delay claims image
Source : BBC [Read Article] Monday 1st of August 2016 04:47:07 PM
.... . "It is frustrated by the uncertainty over its future in the UK's nuclear energy industry and it is angered by suggestions that the reason for the delay may be the prime minister's reported concerns about the national security implications of a Chinese role in critical infrastructure," she said. ...
Nuclear delay image
Source : BBC [Read Article] Sunday 31st of July 2016 08:34:16 AM
May had objections to Hinkley Point, says Cable image
Source : BBC [Read Article] Saturday 30th of July 2016 12:58:32 PM
....Lib Dem Sir Vince said the prime minister had worried about a "gung-ho" approach to Chinese investment in it. The government said nuclear energy was important but it would review plans and make a final decision in the autumn. ...
EU exit uncertainty ‘puts companies off hiring staff’ image
Source : Daily Express [Read Article] Sunday 8th of May 2016 10:34:00 PM
....--------------------------------------------------------------------------. A CHINESE state-backed nuclear energy firm is considering taking a stake in the Hinkley Point C nuclear power station, one of its officials has said. ...
France gives go ahead to Hinkley Point, French minister says image
Source : Guardian [Read Article] Sunday 17th of April 2016 11:11:49 AM
....”. Pressed on whether he thought the deal would go ahead, Macron added: “That’s my view, and that’s our perspective, because I think it’s very important for our commitment to nuclear energy. ...
Nuclear fusion needs a 'Wright brothers' moment, says firm closing on the target image
....David Kingham, the chief executive of Tokamak Energy, has announced his company’s target of producing its first electricity by 2025 and feeding power into the grid by 2030, as well as investment from the UK’s Institution of Mechanical Engineers. Harnessing the nuclear energy which powers the sun has long been touted as the ultimate solution to the challenge of powering the world while halting climate change. ...
Toshiba confirms SEC investigation as accounting woes spread to US image
Source : Guardian [Read Article] Friday 18th of March 2016 03:28:12 AM
....2bn yen at the end of December. Nuclear power has become less popular since Toshiba’s acquisition in 2006, especially following the Fukushima disaster which prompted many countries to freeze nuclear energy expansion. ...
EDF chief executive warns France over Hinkley costs image
Source : Guardian [Read Article] Friday 11th of March 2016 07:14:34 PM
....Despite the problems facing the group, Lévy underlined both his and the French government’s desire to make the Hinkley project successful. “Hinkley Point C has the support of the French government and the British government, which places it at the heart of new nuclear energy policy. ...
Toshiba shares jump on 'new loans' image
Source : BBC [Read Article] Thursday 3rd of March 2016 03:53:49 AM
....In July, its chief executive, president and six other high-level executives resigned from the company. Toshiba, which is involved in a wide-range of industries from electronics to nuclear energy, was founded in 1875 and launched the world's first mass-market laptop in 1985. ...
City News: Toshiba, Sports Direct, Globo and Netplay TV image
Source : Daily Express [Read Article] Tuesday 22nd of December 2015 12:01:00 AM
Toshiba to cut 7,000 jobs in PC and TV units image
Source : Guardian [Read Article] Monday 21st of December 2015 08:43:42 AM
....Japan’s Toshiba has said it will cut nearly 7,000 consumer electronics jobs after a $1. 3bn accounting scandal, in an overhaul that will streamline the sprawling conglomerate into a company focused on chips and nuclear energy. ...
Toshiba predicts record $4.5bn loss image
Source : BBC [Read Article] Monday 21st of December 2015 07:15:08 AM
....5bn) annual loss and cut 6,800 jobs as it carries out a restructuring. The company, whose activities range from laptops to TVs to nuclear energy, is shedding the jobs in its consumer electronics division. ...
Japan and India sign bullet train deal image
Source : BBC [Read Article] Sunday 13th of December 2015 10:05:47 AM
....The leaders of Asia's second and third largest economies also announced other areas of co-operation. These include working on defence technology, and agreeing a memorandum of understanding on the peaceful use of nuclear energy. ...
Climate change is the challenge of our generation - here's how we tackle it image
.... . If we can get another four-fold increase from renewable energy sources over the next decade, a total of around a quarter of the world’s energy needs can be met from renewables, nuclear energy and hydro-electricity – without burning fossil fuels and creating greenhouse gas emissions. ...
Coal and renewable firms criticise government energy plans image
Source : Guardian [Read Article] Wednesday 18th of November 2015 06:42:43 PM
....Vince said: “You have to pinch yourself when the government announces plans for another new subsidy for the fossil fuel industry – this time for gas-fired power stations – because they so recently said that renewable energy should stand on its own two feet. “Supporting nuclear energy, fracking and now new gas-fired power stations – while shutting down onshore wind and solar on cost grounds – shows how dishonest or how utterly inconsistent the current government is. ...
Coal power plants to close within 10 years - will Britain be able to keep the lights on? image
....7 billion in health costs between 2023 and 2030 from pollution. But the focus on gas, which produces many more emissions than renewable or nuclear energy, is bonkers, say critics and campaigners. ...
How to free your investment portfolio from fossil fuels image
Source : Guardian [Read Article] Wednesday 11th of November 2015 12:00:01 PM
.... Over time, she says, fossil-free investments should outperform conventional ones, particularly if governments take action to curb the burning of fossil fuels, and oil and coal companies are left with so-called stranded assets. Green Century’s Balanced Fund is an actively managed mix of stocks and bonds that seeks environmentally responsible companies and screens out “factory farming, genetically modified organisms (GMOS), nuclear energy and tobacco” along with fossil fuels. ...
Germany's planned nuclear switch-off drives energy innovation image
Source : Guardian [Read Article] Monday 2nd of November 2015 02:35:54 PM
....Hinkley Point will be the first nuclear power plant to be built in Europe since the meltdown of Japan’s Fukushima reactor in 2011. But while the British government sees nuclear energy as a safe and reliable source of power, Germany is going in a different direction. ...
Nuclear debate: 'It doesn’t matter where the money comes from' image
Source : Guardian [Read Article] Wednesday 21st of October 2015 03:30:01 PM
....Protestor Theo Simon, from Shepton Mallet in Somerset, said it was deeply disturbing that the Chinese would be so closely involved with Hinkley. “George Osborne has had to go to China to get them to bail out this project, hitching our nuclear energy future to the Chinese state for 100 years,” he said. ...
Hinkley Point: Osborne seeks to ease doubts with £2bn guarantee image
Source : Guardian [Read Article] Sunday 20th of September 2015 11:01:00 PM
. George Osborne has vowed to confront anxieties over Chinese involvement in Britain’s nuclear energy sector after announcing a £2bn government guarantee for the delayed and controversial Hinkley Point power plant project in Somerset. ...
Source : Independent [Read Article] Wednesday 9th of September 2015 12:21:33 AM
....“Shouldn’t we really go back to the drawing board, rather than plumping for what I think will be a kind of bottomless pit and a big white elephant?” Lord Turnbull, who was also Permanent Secretary to the Treasury between 1998 and 2002, suggested that the Government ought to use gas as an interim source of energy while the problems of nuclear were addressed. In response, Mr Osborne suggested the £92 strike price at which the Government agreed in October 2013 to buy nuclear energy from EDF from Hinkley was not set in stone. ...
Hinkley Point will not become 'bottomless pit' for government cash, vows Chancellor image
.... . However, Mr Osborne defended the plans and said nuclear energy remained “substantially cheaper than any other low carbon technology”. ...
Lady Barbara Judge: Chair of the Institute of Directors on how mother's dementia battle helped inspire her 'executive alumni' scheme image
.... Further appointments came thick and fast. Having chaired the UK Atomic Energy Authority, she got the call when the Japanese power company Tepco needed help to plot a future for nuclear energy after the Fukushima meltdown. ...
G4S confident on full-year growth as sales rise image
Source : Telegraph [Read Article] Wednesday 12th of August 2015 09:24:42 AM
.... . The company said that the pipeline for security provision for nuclear energy customers had grown strongly in recent months and that a new long-dated nuclear contract was recently secured. ...
Planned Hinkley Point nuclear power station under fire from energy industry image
....”. Despite the City’s scepticism, the department has argued that new nuclear energy will be competitive with future gas prices and the building programme will save UK households £74 a year in today’s prices by 2026-30. ...
Solar energy subsidies set to be cut image
Source : BBC [Read Article] Wednesday 22nd of July 2015 06:23:47 AM
....However, he said that investor confidence would inevitably suffer by the consultation. Mr Selwyn called for "a level playing field" for solar in relation to nuclear energy and fracking, in terms of subsidies and planning regulations. ...
Has the EU’s carbon trading system made business greener? image
Source : Guardian [Read Article] Wednesday 15th of July 2015 03:15:35 PM
.... Energy companies need the price to justify the right investment decisions at the right time – and many of them are able to pass on the cost of carbon allowances to their consumers – so they would be in favour of a high carbon price. Although they profess the importance of the carbon market, it is clear that other policies, such as those promoting renewables or nuclear energy, have had more impact. ...
New Hinkley Point nuclear plant faces legal challenge from Austria image
Source : Telegraph [Read Article] Monday 6th of July 2015 04:00:41 PM
.... . Andrae Rupprechter, the Austrian environment minister, said nuclear energy was no longer able to "survive economically" and should "not be artificially resuscitated through state subsidies". ...
Austria to file legal complaint against UK's Hinkley Point nuclear plans image
...." . Environmentalists see Hinkley Point as an unnecessary support of nuclear energy just when the use of renewables, such as wind and solar power, is beginning to take hold. ...
'Don't mention the Arctic': Shell embarrassed by video competition row image
....Environmentalists say Shell’s involvement in exploiting reserves in the Arctic undermines its attempt to portray itself as a responsible oil and gas company keen to tackle global warming. While references to the Arctic are ruled out, the memo says “you can mention instead oil, gas, wind, nuclear energy”. ...
UN calls for suspension of TTIP talks over fears of human rights abuses image
....Disputes have already cost governments hundreds of millions of pounds in compensation. The Swedish nuclear energy group Vattenfall is suing the German government for its decision to phase out nuclear energy following the Fukushima disaster, while the French waste and energy group Veolia sued the Egyptian government when it raised the minimum wage. ...
Nuclear expert Arnie Gundersen warns of 'Chernobyl on steroids' risk in UK from proposed Cumbria plant image
....”. A Westinghouse spokeswoman said: “The AP1000 nuclear power plant design offers unequalled safety through innovative passive safety systems and proven technologies that are based on Westinghouse’s 50-year leadership in nuclear energy technology. ...
Who cares what America thinks? UK plc needs China image
Source : Telegraph [Read Article] Saturday 14th of March 2015 06:15:38 AM
.... . Done deal: China has bought into Britain’s nuclear energy programme on condition it has a controlling interest in future projects . ...
EDF pushes back Hinkley Point nuclear decision  image
Source : BBC [Read Article] Thursday 12th of February 2015 10:37:30 AM
. French energy group EDF has delayed an investment decision on a £16bn project to build two nuclear energy reactors in Hinkley Point, Somerset. ...
Dungeness B nuclear power station given 10-year reprieve image
Source : BBC [Read Article] Tuesday 20th of January 2015 02:52:13 PM
....". The present government regards nuclear energy as a safe and relatively low-cost way of securing the UK's energy supplies well into the middle of the century and reducing reliance on carbon-based energy. ...
This is the next generation of renewable energy technologies image
Source : Telegraph [Read Article] Saturday 13th of December 2014 03:00:31 PM
.... Richard Dinan, better known for his role in structured reality TV show Made In Chelsea, is now an amateur physicist . Applied Fusion Systems, which is trying to build a tokamak reactor, which traps red-hot plasma in a magnetic field to generate nuclear energy, is working on a prototype demonstrator. ...
Australia and India to push for free trade pact image
Source : BBC [Read Article] Tuesday 18th of November 2014 03:21:38 AM
....". In a brief reference he made in a press conference between the two leaders, Mr Modi said the two countries were seeking "early closure" on a nuclear energy agreement "that will give Australia a chance to participate in one of the most secure and safe nuclear energy programmes in the world". ...
Energy secretary reassures households after power station fires image
Source : Guardian [Read Article] Sunday 26th of October 2014 04:29:55 PM
....National Grid said after the Didcot blaze that the longer-term effect on supply was difficult to judge and that the outlook report would take the plant’s reduced capacity into account. Peter Atherton, an energy analyst at Liberum Capital, said the fires, along with boiler problems at EDF’s plants in Heysham and Hartlepool, had removed about 7% of Britain’s conventional and nuclear energy capacity. ...
EDF nuclear deal is fair and balanced image
Source : Guardian [Read Article] Monday 13th of October 2014 07:10:43 PM
.... There is no hidden cost when the station closes. Investment in nuclear energy is needed as part of a balanced mix of low-carbon energies, including wind power. ...
Solar energy and shale are the future, not costly nuclear power plants image
Source : Telegraph [Read Article] Wednesday 8th of October 2014 09:07:50 PM
.... Instead, it is fine with energy subsidies, just not for nuclear. “Alternative forms of energy are worthy of subsidies, not nuclear energy,” a spokesman for the Austrian government said. ...
If engineering is hot, will it expand to meet demand for new recruits? image
Source : Independent [Read Article] Saturday 4th of October 2014 12:10:17 AM
....Career: Joined British Nuclear Fuels as technical officer in 1979 and then technology director until 2006, controlling a £100m budget. Sat on the Prime Minister’s Council for Science and Technology when Tony Blair made his dramatic U-turn on nuclear energy. ...
China's Xi Jinping signs landmark deals on India visit image
Source : BBC [Read Article] Thursday 18th of September 2014 09:18:34 AM
....Under the investment plans, China pledged to:. Both sides also focussed on increasing co-operation in trade, space exploration and civil nuclear energy. ...
Hitachi could move nuclear HQ to Britain, chief executive reveals image
Source : Telegraph [Read Article] Tuesday 9th of September 2014 06:16:31 PM
.... . Hiroaki Nakanishi, who is also the chairman of the IT to machinery giant, described the British capital as a "very good place for looking over the global market" and an ideal location to base some of its more "sophisticated" technologies, such as nuclear energy. ...
Europe will be Russia's hostage over gas supplies for at least another decade image
.... Growing tensions between Ukraine and Russia over the latter's annexation of Crimea have led to a raft of tit-for-tat sanctions between Russia and the West. The European Commission (EC) has laid out plans to reduce Europe's reliance on energy imports, including promoting indigenous sources of renewable and nuclear energy, and a single energy market. ...
Britain’s booming economy has proved all the naysayers wrong image
Source : Telegraph [Read Article] Thursday 24th of July 2014 08:22:43 PM
.... Employer groups believe that one in four German firms with overseas operations could be damaged by the American sanctions; one of the reasons why the German economy has done so well in recent years is its ability to export capital goods to emerging markets, including of course Russia. But what used to be a great strength is fast turning into a nightmare, as is the country’s wrong-headed decision to scrap nuclear energy. ...
EDF in line for £800m windfall from subsidy scheme to keep lights on image
.... But an energy trader, who asked not to be named, said: "This is a massive windfall for EDF. The cost to generate nuclear energy is low, so these plants are profitable, whereas gas-fired generation is marginal. ...
MORNING MEETING: Li Keqiang begins his UK visit image
Source : Daily Express [Read Article] Tuesday 17th of June 2014 02:49:00 AM
....It is now majority owned by China’s Brightfood which has pumped money into the business, while Chinese consumers offer a lucrative potential market for its British-made products. But there are much bigger projects in which China is set to play a key role, including nuclear energy, high speed rail and North Sea oil. ...
UK poised to push for more Chinese investment image
Source : Telegraph [Read Article] Sunday 15th of June 2014 08:00:26 PM
. Chinese investment in nuclear energy, high-speed rail and North Sea oil will be high on the diplomatic agenda when Chinese premier Li Keqiang visits the UK this week, building on what he has described as an “indispensable partnership” between the two countries. ...
Experimenting with a new Spanish flu is everybody's business image
Source : Guardian [Read Article] Sunday 15th of June 2014 04:44:27 PM
.... Research often carries risks, whether of intentional misuse or accidents. The discovery of nuclear energy in the early 20th century, and of how to release it through nuclear fission in 1938, were arguably examples of "pure" research with perilous applications that still loom apocalyptically today. ...
Source : Independent [Read Article] Monday 2nd of June 2014 01:28:36 AM
....  “This is good old-fashioned, American-style union busting,” he said. The consortium comprises the US engineering conglomerate NMP, the FTSE-100 stalwart Amec and the French nuclear energy group Areva. ...
Royal Mail sell-off: Portraits of financial power - the funds that made a fortune image
....The Independent’s revelations that Lazard had advised on more than £11bn of state sales and deals prompted both the Business Select Committee and the Public Accounts Committee of MPs to call the company’s chief executive, William Rucker, in for questioning this week. Other state sales in which it has been the Government’s adviser include the sales of the Tote betting business, the publicly-owned blood plasma service, the two sales of the taxpayers’ shares in Lloyds bank and the agreement to pay nearly twice the current amount for nuclear energy from EDF Energy’s proposed Hinkley B power station. ...
Source : Telegraph [Read Article] Monday 28th of April 2014 09:30:18 AM
.... German engineering and electronics company Siemens has proposed paying Alstom €10bn (£8. 2bn) in cash for the French company’s power business that specialises in turbines for wind and nuclear energy, while American company GE has made a $13bn (£7. ...
Japan risks public outcry as it brings back nuclear power image
Source : Telegraph [Read Article] Friday 11th of April 2014 11:15:04 AM
.... . The new policy highlighted nuclear energy as an “important baseload power source”, marking a clear U-turn from the previous government’s plans to phase out atomic energy. ...

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