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Nuclear Power

 

China's CGN bids for stake in Toshiba's NuGeneration UK plant

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HONG KONG China General Nuclear Power Corporation (CGN) is bidding to make an equity investment in a planned British nuclear plant, the future of which was thrown into doubt earlier this year amid mounting financial woes at its developer Toshiba Corp.

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Nuclear newbuild projects at decade low - report 12 Sep 2017

PARIS The number of nuclear newbuild projects worldwide has dropped to a decade low in the wake of the 2011 Fukushima disaster and due to the rising cost of atomic energy, an industry report showed.

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Hurricane Irma threatens power losses for millions in Florida 08 Sep 2017

Hurricane Irma poses a bigger menace to power supplies in Florida than Hurricane Harvey did in Texas because Irma is packing near 200 mile-per-hour winds (320 km/h) that could down power lines, close nuclear plants and threats to leave millions of homes and businesses in the dark for weeks.

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Tepco shares rise after reports of possible nuclear restart approval 07 Sep 2017

TOKYO Shares in Tokyo Electric Power Co (Tepco) , operator of the wrecked Fukushima nuclear plant, rose more than 3 percent on Thursday after media reports that it may get approval as early as next week to restart one of its other atomic plants.

Czech nuclear envoy says decisions on new units needed by Q1 06 Sep 2017

PRAGUE The Czech government should decide early next year how to build and fund new nuclear reactors to replace coal-fired and nuclear units that will shut down over the next two decades, the country's special envoy for nuclear energy said.

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Japan's Tepco gets slapped with new U.S. lawsuit over Fukushima 24 Aug 2017

TOKYO Tokyo Electric Power Co Holdings said on Thursday it has been hit with another lawsuit filed in a U.S. court seeking $5 billion for compensation over the 2011 Fukushima nuclear disaster, the second filed against the utility in a U.S. court.

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North Korea - Countdown to a standoff 22 Aug 2017

In North Korea's effort to become a nuclear power capable of striking the United States, leader Kim Jong Un has telegraphed what his scientists and weapons experts are achieving. Over the past two years, the country has moved from a fledgling nuclear programme to possessing the technology to at least strike the U.S. Pacific territory of Guam.

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Exclusive - Toshiba auditor to split opinion on finances, governance: sources 08 Aug 2017

TOKYO The auditor for Toshiba Corp is likely to sign off on the conglomerate's annual results while giving a thumbs down on the group's corporate governance during a series of crises, people with direct knowledge of the discussions said on Tuesday. PricewaterhouseCoopers Aarata LLC will give a "qualified opinion" endorsing Toshiba's finances in the financial statement for the year ended in March, the two sources told Reuters. That would end a period of limbo when t

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Uniper flags higher payout ahead of planned E.ON stake sale 08 Aug 2017

FRANKFURT Power plant and energy trading group Uniper has raised its dividend and profit outlook for 2017, possibly increasing the appeal of a 47 percent stake in the company which parent E.ON plans to sell.

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Tillerson says U.S. wants North Korea dialogue 'at some point' 01 Aug 2017

WASHINGTON The United States does not seek to topple the North Korean government and would like dialogue with Pyongyang at some point, but only on the understanding that it can never be a nuclear power, Secretary of State Rex Tillerson said on Tuesday. | Video