CNBC The European Union is debating new sanctions against Russia — and this time they could hit the energy sector. Three European officials, who did not want to be named due to the sensitivity of the talks, told CNBC that ministers will be looking at imposing energy sanctions on Russia when they meet Friday. EU foreign affairs ministers are meeting
World Oil (Bloomberg) –Germany and Austria came out strongly against the European Union proposal to classify some natural-gas and nuclear projects as sustainable investments, with both countries accusing the bloc of “greenwashing.” In Berlin, the Greens — who joined Germany’s new ruling coalition following September’s election — criticized the regulatory plan as damaging the credibility of the EU green rulebook,
World Oil (Bloomberg) –Talks on reviving the Iran nuclear deal that have resumed in Vienna show some progress but it’s “far too slow,” a U.S. official said Tuesday. “Iran has at best been dragging its feet in the talks while accelerating its nuclear escalation,” State Department spokesman Ned Price said in a press briefing. “We have been very clear that
CNBC The federal government has a fund of $44.3 billion earmarked for spending on a permanent nuclear waste disposal facility in the United States. It began collecting money from energy customers for the fund in the 1980s, and the money is now earning about $1.4 billion in interest each year. But plans to build a site in Yucca Mountain, Nevada, were scuttled by
CNBC TerraPower, a start-up co-founded by Bill Gates to revolutionize designs for nuclear reactors, has picked Kemmerer, Wyoming, as the preferred location for its first demonstration reactor. It aims to build the plant in the frontier-era coal town by 2028. Constructing the plant will be a job bonanza for Kemmerer, with 2,000 workers at its peak, said TerraPower CEO Chris Levesque in a
Reuters BRUSSELS – The European Union should do more research on the potential harm caused by nuclear power before deciding whether to label it as a sustainable investment, one of the two expert committees tasked with assessing the fuel’s green credentials said on Friday. Brussels is mulling a decision on whether to include nuclear energy in its sustainable finance taxonomy,
CNBC Recreating in a lab the nuclear reaction that powers the sun and other stars — which is called nuclear fusion — is a feat as complex as it sounds. Fusion has the potential to create massive amounts of carbon-free or clean energy. So though no scientists have quite accomplished creating usable energy from fusion just yet, a handful of companies are
Reuters LONDON – Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing reactors, raising the risk of higher carbon emissions as fossil fuels plug the gap. Nuclear power provides around a quarter of the European Union’s electricity generation, with 15 of the 27 nations hosting
EIA Electricity routinely flows between the Lower 48 states and, to a lesser extent, between the United States and Canada and Mexico. Electricity generation exceeds electricity consumption in 25 states, and excess electricity is transmitted across state lines—almost 10% of U.S. electricity generation is traded among states. In 2019, California’s net electricity imports were the largest in the country at 70.8 million
EnergyWorld The reactor, which was connected to the national grid on Friday, can generate 10 billion kilowatt-hours of electricity each year and cut carbon emissions by 8.16 million tons BEIJING: China has powered up its first domestically developed nuclear reactor — the Hualong One — a significant step in Beijing’s attempts to become less dependent on Western allies for energy security and critical technology. The reactor,
License Transfer Request for Indian Point Approved by NRC Transfer of Indian Po…
Canada, Ultra Safe Nuclear Corporation One Step Closer to Constructing World’s First Micr…
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