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Daily: European power prices up on lower nuclear production
Brent futures recovered from a $2 drop early in the day, rising 35 cents to settle at $114.36 per barrel while the U.S. crude oil prices decreased 83 cents to trade at $106.82 per barrel at 1PM EST, the end of a thinly traded, holiday-shortened day. It had dropped as low as $104.21.
read more... 03/09/2013
Fukushima once again in the spotlight
Japan's nuclear watchdog has said today it is really worried after more than 300 tons of highly radioactive water leaked from a steel tank around the wrecked Fukushima Daiichi plant.
read more... 21/08/2013
The nuclear energy problem of Japan
Since the Fukushima catastrophe in April 2011, nearly all of the country’s nuclear plants closed, leaving a significant capacity gap which has had to be filled with more coal, oil and gas which provoked substantial costs in both economic and environmental terms, as the price of power increased due to a sharp turn toward the use of fossil fuels.
read more... 16/08/2013
Iran’s new President in serious negotiations with the West to end nuclear dispute
After his victory at elections in June, Iran’s new President Hassan Rohani said that Iran was ready for serious talks over its nuclear program, in a move which aims to eliminate all sanctions in place against Iran. It added that he would not give up with Iran's rights, but he wants to alleviate Western worries.
read more... 15/08/2013
Sweden prefers renewables to nuclear
Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.
read more... 07/08/2013