Global Energy News Roundup: November 15

The Forum on Energy weekly news roundup brings together a mix of global energy stories from around the web. It is published every Thursday morning on Forum on Energy and is available on Twitter via @forumonenergy.

ANS 2012 Winter Meeting Covers Safety Regulation Improvements since Fukushima
The recent American Nuclear Society 2012 Winter Meeting included multiple sessions focused on the effects of the accident at Fukushima Daiichi on global nuclear energy production. The first topical session, “Near and Long-Term Regulatory Changes after Fukushima: Does the Accident in Japan Call for a Major Overhaul of Nuclear Safety Regulations?,” discussed how best to assess and manage risk during future natural disasters, as well as the difficulty some countries — such as France — could have in applying standardized regulations to different reactors and facilities. The second session covered suggested modifications and additions that could help nuclear facilities respond to accidents; ideas were based on observations about Fukushima and other reactors.
Source: ANS Nuclear Cafe

First UAE Nuclear Plant to use Westinghouse Technology
The planned nuclear energy plant at Baraka in the emirate of Abu Dhabi will incorporate U.S.-made technology from Westinghouse, now a subsidiary of Japan’s Toshiba. The announcement of U.S. involvement came from Michael H. Corbin, U.S. Ambassador to the UAE. This will be the first UAE nuclear reactor and the first of four to be constructed by Hyundai Engineering and Construction and Samsung C and T, under a $5.59 billion contract by Korea Electric Power Company. The plant is scheduled to go online in 2017.
Source: Gulf News

IEA Cuts Prediction for 2035 Nuclear Generation by 10%
This year’s International Energy Agency’s long-term projections for nuclear energy generation are down, dropping by 10 percent from the 2011 predictions to an expected 580 gigawatts in 2035. The conclusion is part of the World Energy Outlook release Monday. The reduction is due to the world’s response to the accident at Fukushima Daiichi, which many countries announcing short-and long-term plans to reduce or even halt nuclear energy generation. The growth of nuclear is also being impeded by the expanded utilization of natural gas, according to Platts.
Source: Platts

Baltic States Support Planned Lithuanian Reactor
Despite a non-binding referendum where a majority of Lithuanian voters came out against the planned Visaginas Nuclear Power Plant, the governments of Lithuania, Latvia and Estonia all believe the project will improve the region’s nuclear security. The decision is ultimately up to the Lithuanian government. At the same time, the Czech Republic has announced its intention to dramatically increase its nuclear energy capacity. The new plan calls for the construction of at least three new reactors to the national energy program that already includes four reactors. “We want to produce 80 percent of electric energy from domestic sources,” said Czech Prime Minister Petr Necas, according to Reuters. “We assume at least 50 percent share of nuclear energy in the mix with the share of coal energy gradually decreasing.”
Source: Energy Business Review, Reuters

Hitachi’s Purchase of Horizon Nuclear Power to Add Thousands of Jobs
The recent announcement that Hitachi will purchase Horizon Nuclear Power could mean as many as 12,000 new jobs focused in and around the Oldbury Nuclear Power Station in South Gloucestershire. That total includes 200-300 jobs at the company and thousands more anticipated for construction. “This announcement is a major shot in the arm for the nuclear industry,” said Horizon Chief Operating Officer Alan Raymant. “We expect our projects to boost the UK’s infrastructure sector, and contribute to sustainable economic developments at local level for decades to come.”
Source: This is Gloucestershire