Posts tagged ‘nuclear’

Glenn Rickson
Head of European Power Analysis, S&P Global Platts Analytics

UK electricity links to Europe multiply, even as Brexit looms

January 31, 2019 10:03 UTC

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This week marks the start of a new phase in London-Brussels relations. But it has nothing to do with Brexit, and it won’t be political power returning to Westminster as a result of the UK’s departure from the European Union.

Instead, the power flowing across the English Channel will be of the electrical variety, as the Nemo electricity interconnector – the first direct connection between the UK and Belgium – begins commercial operations on 31st January. The 1 GW link will be capable of supplying enough power to meet the electricity needs of 2.2 million UK homes.

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electricity, Europe, nuclear, UK

Andrew Critchlow
Head of news, EMEA

Hitachi’s U-turn on UK nuclear plant could be a blessing in disguise

January 21, 2019 10:25 UTC

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Hitachi’s decision to down tools on its proposed £16 billion ($20.6 billion) nuclear project in Wales, announced on January 17, could be a blessing in disguise for British consumers.

Instead of further subsidizing a globally declining industry, the government has simpler alternatives to ensure long-term energy security and affordable electricity prices for all. Natural gas, more renewables, storage and demand response are cost-efficient solutions with significantly lower risk than bankrolling the potentially ruinous cost of atomic fission.

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gas, Hitachi, nuclear, power, renewables, UK

Henry Edwardes-Evans
Associate editorial director

Europe’s new-generation nuclear plants stagger over the start line

January 3, 2019 12:12 UTC

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Years late and massively over-budget, Europe’s first EPR nuclear plants in Finland and France are on the verge of “energizing”, as the sector jargon goes.

Barring last-minute glitches, this will be the final act in what must be the longest-running construction saga in the region.

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EDF, Europe, Finland, France, nuclear, UK

Oliver Aldeman, Jim Ostroff, and William Freebairn
Editors

Insight: Nuclear industry, vendors believe there’s a future for microreactors

September 19, 2018 07:40 UTC

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Recent expressions of support by the US and UK governments have highlighted a new class of very small nuclear power reactors.

Microreactors, sometimes defined as reactors of less than 15 MW, have been identified as potential recipients of development funds by the UK government as part of its search for an “advanced modular reactor” for near-term deployment, while the US Congress passed legislation in July asking the Department of Energy to develop a report on the potential deployment of such units at military or energy facilities.

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electricity, microreactors, nuclear, power, technology

Steven Dolley
Managing Editor, Platts Nuclear Publications

NRC 2.0: Adapting regulation to a changing nuclear industry

December 8, 2017 08:00 UTC

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A series of sweeping changes at the US Nuclear Regulatory Commission would alter the agency’s mission to adapt to an evolving US nuclear industry, which is in the grips of a struggle for its economic survival.

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electric power, nuclear, power generation, power plants, REACTORS, regulation, United States, US, utilities

Oliver Adelman
Managing editor, EMEA, Platts nuclear publications

Struggling UK SMR competition seeks to regain momentum

November 24, 2017 11:00 UTC

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The UK government’s much heralded, pre-Brexit referendum “competition” to have a small modular reactor or SMR design manufactured in the country by the mid-2020s is struggling to regain momentum amid growing questions about the political will to proceed with the project.

The idea of a “competition” to select an SMR design was announced by then Chancellor of the Exchequer George Osborne in his March 2016 Comprehensive Spending Review. Osborne allocated GBP250 million ($332 million) of funding to the initial phases of the competition and other nuclear sector spending in the 2016 CSR.

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Brexit, nuclear, small modular reactor, SMR, UK

Oliver Adelman
Managing editor, EMEA, Platts nuclear publications

Despite draft Nuclear Safeguards Bill, UK struggles with impending ‘Brexatom’

October 10, 2017 00:01 UTC

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Despite a draft Nuclear Safeguards Bill that will go some way towards addressing the new licensing requirements for nuclear fuel, equipment and radioactive material after Brexatom – as the UK’s departure from the European Atomic Energy Community has come to be known – the UK is nonetheless struggling to find a successor arrangement to the Euratom Treaty.

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Brexit, energy, EU, European Union, nuclear, Policy, UK

Ross McCracken
Managing editor, Energy Economist

No good options as North Asian tensions rise

August 30, 2017 11:00 UTC

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The launch of increasingly long-range North Korea missiles this year, threatening the US territory of Guam in the Pacific Ocean, and then the firing of a missile over the Japanese island of Hokkaido this week, indicate Pyongyang’s willingness to test US and Japanese red lines.

It suggests a recognition that the US has no good options, but at the same time runs the risk, particularly with an unpredictable US president in post, of escalating tensions to the point of retaliation.

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Asia, crude oil, Energy Security, geopolitics, Japan, North Korea, nuclear, Oil Prices, politics, sanctions, South Korea, US

European power and gas team

French presidential elections: Crunch time for the country’s energy mix

April 24, 2017 17:15 UTC

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April 24 update: France is facing its most divisive presidential elections since Jean-Marie Le Pen shocked pollsters in 2002 and booked a surprise place in the second round.

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analysis, carbon, diesel, energy policy, France, geopolitics, nuclear, politics, power generation, steel

Oliver Adelman
Managing editor, EMEA, Platts nuclear publications

Hinkley C investment decision: A new dawn for UK nuclear power?

July 27, 2016 05:01 UTC

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The long-awaited final investment Decision (FID) for EDF Energy’s planned 3,200-MW Hinkley Point C nuclear power station in western England, scheduled to take place at a board meeting of French utility EDF in Paris July 28, will not only give the go ahead for the first new nuclear plant in the UK since 1995, but could also serve as the starting gun for a total of 16,000 MW of new nuclear capacity due to be built in the country.

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Europe, infrastructure, nuclear, Policy, power generation, UK

Platts Insight

Posts tagged ‘nuclear’

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