Global Energy News Roundup: October 6


UN Secretary-General Ban Ki-moon addresses COP21 in Paris in 2015

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

UN Announces Paris Climate Agreement Reaches Threshold

UN Secretary-General Ban Ki-moon announced that the pact reached the necessary quota of ratification by 55 countries constituting 55% of global emissions. This means that the climate treaty will go into effect on November 4. Although the deal does not legally require countries to curb emissions, its enforcement will require countries to release their climate targets and report emissions.

Source: The Wall Street Journal


Russia Suspends Nuclear Energy Deals and Uranium Research Pact with U.S.

Russia suspended their research agreement with the U.S. and terminated another on uranium conversion two days after the Kremlin shelved a plutonium pact with the U.S.  The Russian government said that as counter-measures to the US sanctions imposed on Russia over Ukraine, it was putting aside a nuclear and energy-related research pact with the United States. The agreement on co-operation in nuclear- and energy-related scientific research, signed in 2013, provided the legal framework necessary to expand work between U.S. and Russian nuclear research laboratories and institutes in nuclear technology and nonproliferation, among others.

 Source: Fortune, The Independent


 Japan Creates Nuclear Reprocessing Organization and Reports Fukushima Radiation Levels are Well Below Targets

The Ministry of Economy, Trade and Industry of Japan announced the creation of the Nuclear Reprocessing Organization of Japan, which  will be funded by the country’s power utilities to cover the cost of the reprocessing work.  Separately, Japan reported to the International Atomic Energy Agency (IAEA) that tests last month on systems of the Fukushima Daiichi nuclear power plant have confirmed that the radiation levels of sampled water were “substantially below” the operational targets set by operator Tokyo Electric Power Company (Tepco).

 Source: World Nuclear News


 NEI Names Next President and CEO

The Nuclear Energy Institute (NEI) has elected Maria Korsnick president and chief executive officer, effective Jan. 1, 2017.   Korsnick has served as NEI’s chief operating officer since May 2015 as a loaned executive from Exelon Generation and Constellation Energy Nuclear Group (CENG). She will replace Marv Fertel who is retiring.  The replacement is just part of a major shakeup in leadership at NEI as the top lobbying and communications officials at the group are also leaving.  The changes come at a crucial moment for the nuclear sector. Numerous plants are expected to close in the coming years amid competition from cheap natural gas and renewables, and increasing safety and security requirements.

 Source: The Hill, Neutron Bytes


Rolls-Royce Ready to Announce British SMR Consortium

The UK government is investing at least £250 million over the next five years in a nuclear research and development program including a competition to identify the best value SMR design for the UK. Rolls-Royce has submitted a paper to the Department of Business, Energy and Industrial Strategy, outlining its plan to develop a fleet of 7 GWe of SMRs with its consortium, which the company will announce in the coming weeks.  Other participants in the UK’s SMR competition include French-owned EDF Energy and its Chinese partner CNNC, Westinghouse and the US developer NuScale Power.

Source: World Nuclear News