UK

Nuclear costs aren’t on the rise globally as has been widely thought, says a new report from the International Energy Agency (IEA) and Nuclear Energy Agency (NEA) surveying the levelized cost of generating electricity (LCOE).  The eighth edition of the report, “Projected Costs of Generating Electricity” compiles data for 181 plants in 19 OECD and […]

From Sweden to China, the world’s nuclear sector saw an eventful spring. Sweden to Shutter Two Ringhals Units Early. On the same day that E.ON—formerly one of Europe’s most formidable power companies—announced it would spin off its nuclear assets owing to Germany’s energy transition, its Swedish partner, Vattenfall, which is 70% co-owner of the 1975-built […]

A fire broke out in one of Didcot B power station’s cooling tower modules on the evening of Oct. 19, resulting in the shutdown of one of the plant’s two units. RWE Generation said that no RWE personnel or emergency services responders were injured during the incident, and that all employees have been accounted for. […]

On Oct. 8, the European Commission (EC) decided that the state aid included in the Hinkley Point C nuclear plant construction proposal is compatible with European Union state aid rules. The approval allows key elements of the agreement between EDF Group and the UK government, including a guaranteed “strike price” of £92.50/MWh ($148.76/MWh) for power […]

S. Korea Extends Renewables Target Deadline. South Korea’s government on June 9 said it would push back the target for mandatory use of renewable energy by two years to ease requirements for the

The UK’s faltering plans to establish a carbon capture and storage (CCS) industry by the 2020s got a renewed boost in December as the government pledged to back the Drax Group’s White Rose project