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Daily (03.07.2018): French day-ahead electricity price jumped by 30.7% on Monday as nuclear reactors were off for maintenance
Oil crude prices surged on Monday, as increased supply from Saudi Arabia and Russia and U.S. sanctions against Iran weighed down on demand. Brent crude slumped by 2.7% to $77.3 a barrel, while WTI crude slipped by 0.3% to $73.94 a barrel.
read more... 03/07/2018
EU must support extended use of reactors, says Foratom
Foratom, the European nuclear trade body, has called on the European Commission and other EU institutions to recognise and reward the long-term operation (LTO) of nuclear power reactors in their role to help Europe meet its climate targets.
read more... 21/06/2018
Tepco likely to decommission Fukushima Daini units
The four reactors at the Fukushima Daini nuclear power plant in Japan are likely to be decommissioned, the president of Tokyo Electric Power Company Holding Inc (Tepco) today told the governor of Fukushima Prefecture. However, the company has yet to announce an official decision on the fate of the plant, close to the damaged Fukushima Daiichi plant.
read more... 19/06/2018
Germany to compensate utilities for nuclear phaseout losses
The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.
read more... 28/05/2018
China to begin the construction of up to eight reactors in 2018
According to a plan released by the country’s National Energy Administration (NEA), China will encourage the development of nuclear power this year. Five new nuclear power reactors are planned to become operational in 2018 and construction works will commence with further six to eight units.
read more... 09/03/2018