Tag: nuclear power

Renewables Strongly Growing Amid Coal Contraction And Nuclear Headwinds In South Korea

Renewables Strongly Growing Amid Coal Contraction And Nuclear Headwinds In South Korea

January 23, 2023 |

South Korea’s gas-fired power generation will replace coal to be the dominant power type in the market’s power mix in the middle of the decade, as the momentum for the sector’s growth strengthens. Over the coming years, we expect South Korea’s coal power sector to shrink gradually as the market pivots to other sources of power, which are less carbon-intensive. Non-hydropower renewables will experience the strongest growth in its sector’s contribution to South Korea’s electricity supply despite indications of lowering the sector’s targets.

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<strong>Japan’s Electricity Sector Reforms: Transition to next generation power networks</strong>

Japan’s Electricity Sector Reforms: Transition to next generation power networks

December 28, 2022 |

The power transmission and distribution (T&D) segment has a vital role to play in supporting this objective as electricity networks need to be overhauled to strengthen Japan’s ageing power grid so they can evacuate large-scale renewables while maintaining grid stability and resilience. Towards this end, the 10 general power T&D companies in Japan comprising the Grid Council have formulated a plan titled “Toward Carbon Neutrality by 2050 – Roadmap to the Next Generation of Power Networks”.

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Nuclear reactor problems in France show need for diversified mix of renewables

Nuclear reactor problems in France show need for diversified mix of renewables

August 31, 2022 |

It should come as no great surprise that France, traditionally a leading exporter of electricity to the rest of Europe, is now in the position of needing to import power. Lost in the hubbub over supplier issues, however, is the fact that the country replacing France as the continent’s leading exporter of electricity – Sweden –  has been reducing its reliance on nuclear power to produce electricity. What’s more, Sweden has a diverse mix of renewables.

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Rosatom, Korea Hydro and Nuclear Power sign contract for turbine island at El-Dabaa NPP in Egypt

Rosatom, Korea Hydro and Nuclear Power sign contract for turbine island at El-Dabaa NPP in Egypt

August 30, 2022 |

In order to construct the turbine islands for the El-Dabaa Nuclear Power Plant (NPP) project in Egypt, Korea Hydro and Nuclear Power (KHNP) and Rosatom’s engineering company Atomstroyexport have finalised a contract. Under the agreement, KHNP will develop 80 buildings and structures at the power plant’s four units. It will also take on the responsibility of procuring and supplying equipment and materials for the turbine islands.

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US DoE to open applications for $6 billion nuclear programme

US DoE to open applications for $6 billion nuclear programme

April 21, 2022 |

The US Department of Energy has announced that bids for a $6 billion nuclear renewal programme will be solicited. Nuclear power reactor owners and operators that are about to shut down for economic reasons can request for funding to avoid closing prematurely. The first round of awards from the new programme will prioritise funding nuclear plants that have already announced a closure date.

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Philippines to allow nuclear power into energy mix

Philippines to allow nuclear power into energy mix

March 7, 2022 |

The president of Philippines has signed an executive order allowing nuclear power to be included in the country’s energy mix as the government transitions away from coal-fired power facilities in order to meet its climate targets. On February 28, 2022 the order was signed and it was made public on March 3, 2022. According to NHK World-Japan, coal-fired power plants currently serve around 60 per cent of the Philippines’ overall energy needs.

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European Commission approves ‘greening’ of gas and nuclear

European Commission approves ‘greening’ of gas and nuclear

February 4, 2022 |

The European Commission has presented a Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain gas and nuclear activities. The objective is to step up the transition, by drawing on all possible solutions to help us reach our climate goals. Taking account of scientific advice and current technological progress, the Commission considers that there is a role for private investment in gas and nuclear activities in the transition.

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The changing energy dynamics in Sub-Saharan Africa points towards an emerging renewable opportunity

The changing energy dynamics in Sub-Saharan Africa points towards an emerging renewable opportunity

May 7, 2020 |

Sub-Saharan Africa is an emerging market that is fast moving towards solar and wind power generation with the potential for battery backup systems. Although in its early stages at present, solar energy is gaining traction on the back of falling costs and greater availability, and is expected to become a major source of additional energy generation in Sub-Saharan Africa.

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