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
Five Japanese Reactors Approved for Decommissioning
The Nuclear Regulation Authority (NRA) approved five reactors – two units at Kansai Electric’s Mihama plant, and one unit each at Japan Atomic Power’s Tsuruga plant, Chugoku Electric Power’s Shimane plant, and Kyushu Electric Power’s Genkai plant – to be decommissioned after the safety updates necessary to extend their operations beyond the 40-year lifespans were deemed too costly. The process will be lengthy, and partnerships are already being established to undertake the endeavor.
Tepco, Toshiba to Manage Cambodian Power Grids
T.T. Network Infrastructure Japan, a joint venture between Tepco and Toshiba, has signed a memorandum of understanding with a Malaysian company handling power transmission in Cambodia. The venture will operate and maintain 130 km of 230,000-volt transmission lines that will connect power plants in the north to Phnom Penh. The Japanese companies, particularly Tepco, hope to secure a new earnings source through this deal, as cleanup costs at the Fukushima site soar.
Source: Nikkei Asian Review
IAEA, Rosatom Sign Agreement to Strengthen Nuclear Infrastructure Capacity Building
The International Atomic Energy Agency (IAEA) and Rosatom, Russia’s state nuclear corporation, signed an agreement to strengthen IAEA assistance to Member States that are considering introducing nuclear power or expanding an existing program. Under the agreement, Rosatom will provide a financial contribution of up to $1.8 million and an in-kind contribution of up to RUB 109.5 million over the next three years to IAEA programs on nuclear infrastructure development.
EU Signed Nuclear Safety Agreement with Iran
The European Commission signed the first-ever project for nuclear safety cooperation with Iran, the first of a €5 million action approved by the European Union in 2016 under the Instrument for Nuclear Safety Cooperation. The €2.5 million project aims to enhance the capabilities of the Iranian Nuclear Regulatory Authority (INRA) by preparing a feasibility study for the Nuclear Safety Centre foreseen in the Joint Comprehensive Plan of Action agreed in 2015.
Source: World Nuclear News