nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Japanese tax-payers should not pay up for risky Texas nuclear project

Clearly the state has other cleaner and cheaper alternatives, such as wind power or even natural gas. Overall, this looks like a bad deal all around: for Texas, for the Japan Bank for International Cooperation, and for Japanese taxpayers.

Why Japan Should Say ‘No’ To Funding U.S. Nuclear Plants, Change.org News,  by Zachary Shahan · February 18, 2011 Nuclear energy, even if it were the cleanest, greenest, safest thing on the planet (which it is definitely not), is extremely financially risky. For this reason, it is nearly impossible for nuclear projects in the U.S. to get enough funding to get off the ground. Instead, companies rely on loan guarantees from the federal government, which ensures lenders that if the projects fail, taxpayers foot the bill and bail out the failed nuclear companies—to the tune of several billion dollars. Continue reading →

February 20, 2011 Posted by | business and costs, Japan | Leave a comment

Russia pushing Bulgaria to sign up for nuclear power project

Rosatom pressing Bulgaria to sign next agreement on Belene project,  The Sofia Echo, Feb 20 2011  byDnevnik.bg Russia’s state nuclear energy company Rosatom is urging Bulgaria to sign another agreement related to the construction of the Belene nuclear power station, the company said in a media statement on February 20 2011.
Bulgaria will pay no funds from the state budget to build Belene, but at the same time it will keep its 51 per cent share in the project, Rosatom said……Rosatom pressing Bulgaria to sign next agreement on Belene project – Business – The Sofia Echo

February 20, 2011 Posted by | marketing, Russia | Leave a comment

South Korea radiation leaks from nuclear power centre

Radiation leaks reported at nuke power research center in S.Korea   2011-02-20  SEOUL, Feb. 20 (Xinhua) — A South Korean nuclear power research center issued a warning of radiation leaks on Sunday, which forced its staff there to evacuate immediately, according to local media. A “white” warning was issued at around 2:32 p.m. local time at the state-run Korea Atomic Energy Research Institute (KAERI), located in the central city of Daejeon, about 160 km south of Seoul, after minor radiation leaks were detected at a 30 megawatt research reactor, HANARO, at around 1:03 p.m. local time, the KAERI told local media….Radiation leaks reported at nuke power research center in S.Korea

February 20, 2011 Posted by | safety, South Korea | Leave a comment

Nevada could become exporter of renewable energy

what will it take for Nevada’s renewable-energy sector to take off, and could 2011 be the banner year green-power advocates have been waiting for?….Building on the state’s renewable-energy resources will also generate jobs and position Nevada as an important exporter of an important future power source,

Nevada’s choice: Use natural resources to go green or perish By Jennifer Robison LAS VEGAS REVIEW-JOURNAL Feb. 20, 2011With its brilliant sunshine, whipping winds, geothermal hot spots and vast tracts of empty land, Nevada has long held promise as a potential center of green power. Continue reading →

February 20, 2011 Posted by | renewable, USA | Leave a comment

Egypt’s nuclear plant delayed because of political instability

Unrest delays Egypt nuclear power plant tender.larabia.net 20 Feb 2011 The instability in Egypt has delayed the tender for the country’s first nuclear power plant, a state-owned newspaper reported on Saturday.”It has been decided to postpone the international tender for the construction … of the first nuclear power plant in al-Dabaa until the stabilization of the situation in the country,” al-Ahram said.The tender process, due in January, has been delayed to “guarantee the greatest number of companies” from different countries take part to ensure “real competition,” it said…….The ruling Supreme Council of the Armed Forces warned on Friday that it will no longer tolerate protests that disrupt Egypt’s economy…..Unrest delays Egypt nuclear power plant tender

February 20, 2011 Posted by | Egypt, politics | Leave a comment