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Japan’s U-turn on the zero option for nuclear energy
The Cabinet hits the brakes on a formal policy to phase out all nuclear reactors in 30 years.Hiromasa Yonekura, Chairman of the Keidanren business lobby (L) in happier days shaking hands with Japan Prime MInister Yoshihiko Noda (R) at a Asian...
Is there a nuclear energy squeeze play in Japan and France?
Political expediency seems to be the motivation in Japan, but the picture is less clear in France Last Friday Japan's Prime Minister Yoshihiko Noda appeared to bow to overwhelming anti-nuclear sentiment in his country in an effort to save his party'...
Calling Out Red Herrings about MOX Fuel for TVA
The path to using it is paved with government documents The Tennessee Valley Authority (TVA) is considering a plan to burn mixed oxide fuel in two of its power reactors starting in 2018. While the utility hasn’t formally made up its mind, the...
Power projects seek investors on a global scale
China's huge sovereign wealth fund is a frequent target of power proposals The Peoples Republic of China is sitting on huge cash reserves available for investment, domestic or foreign. According to some estimates, the amount is about $4...
LWR SMRs have fuel advantages
Fast reactor designs face export controls and the need to develop new fuel types which may slow time to marketThis article is based on a presentation given by Andrea Jennetta, Publisher, Fuel Cycle Week, at a conference held in July in Washington,...
No restart date yet for SONGS reactors
Reports of a late Fall return to service are pro-forma Image Source: Smart Animation by Real IllusionBreathless news media reports last week that Units 2 & 3 at the San Onofre Nuclear Generating Station (SONGS) would restart in late Fall...
CB&I surprises investors with $3 billion takeover of Shaw
Stockholders will receive $46/share, a 72% premiumChicago Bridge & Iron (NYSE:CBI) agreed to acquire The Shaw Group (NYSE:SHAW) for $3.04 billion in cash and stock on July 30. The surprise move extends CB&I’s growth into the U.S. power...
Race for DOE SMR money heats up
B&W inks MOU with First Energy for economic, siting, and licensing studiesThe Babcock & Wilcox Company (B&W) (NYSE:BWC) and FirstEnergy Corp. (NYSE:FE) announced July 25 that FirstEnergy and a B&W subsidiary, Generation mPower LLC (...
A long hot summer ahead for SONGS
Both nuclear reactors will remain offline while Southern California Edison works on steam generator problems Movie poster for Chaplin's Modern TimesThe U.S. Nuclear Regulatory Commission (NRC) said in a press statement and report July 19...
Japan's culture and Fukushima
Personal accountability trumps organizational loyaltyU.S. President Harry S. Truman's famous motto: "The buck stops here."In a fiery essay published in the Financial Times July 10, Columbia University Professor Gerald Curtis makes the point that...
UAE grants license to build two reactors
Four reactors are planned to supply electricity for manufacturing, general use, and water desalinizationReuters reports that the United Arab Emirates will be the first gulf state to start construction of a commercial nuclear power plant in the...
Duke Progress merger punts plans for six new reactors
It will be a a long time before the combined utility needs to build any new reactors or replace any units in its fleet This is my updated coverage from Fuel Cycle Week V11:N480 July 12, 2012, published by International Nuclear Associates,...
