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Turkey is in talks with Russia, China and South Korea over its planned second and third nuclear power plants, and with the USA and United Kingdom over small modular reactors (SMRs), Energy Minister Alparslan Bayraktar is reported to have told a media briefing.
- Source: World Nuclear News
- Date: Tuesday, 11 July 2023
- Original article: world-nuclear-news.org/Articles/Turkey-aiming-for-20GW-of-nuclear-by-2050s
The European Nuclear Safety Regulators Group (ENSREG) has said that "Energoatom is the only legitimate licensee of the Zaporizhzhia nuclear power plant (ZNPP) and that the plant has to be operated as per licence conditions and in accordance with Ukrainian and international legal and regulatory requirements, under the supervision of the State Nuclear Regulatory Inspectorate of Ukraine (SNRIU)."
- Source: NEI Magazine
- Date: Friday, 02 December 2022
- Original article: neimagazine.com/news/newseurope-backs-ukrainian-claims-to-znpp-as-russia-strengthens-control-of-the-plant-10399896
Niasa told Engineering News that the very high proportion of the cost of energy that comes from the repayment of capital means interest rates will be fundamental to the viability of any new nuclear project in South Africa.
The association said real interest rates – which are adjusted for inflation – on state debt could be in the range of 2% to 3%, while real interest rates on high risk equity finance could vary from 10% to 15%. It said this explains why some new nuclear projects such as state-supported projects in China could be very competitive while others, such as the private equity funded Hinkley Point C in the UK, needed some kind of state guarantee such as long-term power purchase agreements.
Niasa identified six financing options that could be used to fund a new nuclear programme. The first was state funding for the entire project or state provided sovereign loan guarantees using reserves and cash flows from state-owned companies, as was the case with the United Arab Emirates’ Barakah project.
- Source: Nucnet
- Date: Wednesday, 20 May 2020
- Original article: nucnet.org/news/industry-association-proposes-financing-options-for-new-build-5-2-2020
The United Nations, the International Energy Agency (IEA) and the World Energy Council (WEC) are drawing global attention to the inherent qualities of nuclear power as a clean and reliable source of electricity. Now into its seventh decade, nuclear energy is seen by these and other prominent organisations as an existing and proven solution to the 21st Century challenges of climate change and a sustainable energy transition.
- Source: World Nuclear News
- Date: Friday, 06 September 2019
- Original article: world-nuclear-news.org/Articles/Nuclear-power-is-the-silent-giant-being-invited-fi