Global Energy News Roundup: July 6


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

 

Trump Announces Study of U.S. Nuclear Energy Policy

Last week, U.S. President Donald Trump announced six new initiatives created by his administration that are meant to expand the U.S. energy sector. The administration’s first initiative is to expand and revive the U.S. nuclear energy sector. The process will begin with a “complete review of U.S. nuclear energy policy” so that the industry can be revitalized. While no timing of when the review will begin was announced, the nuclear energy sector is receiving notable support from the administration. Also last week, Energy Secretary Rick Perry stated that he believes “no clean energy portfolio is truly complete without nuclear power…if you want to see the environment and the climate that we live in affected in a positive way, you must include nuclear energy with zero emissions to your portfolio.”

Source: The Nuclear Energy Institute, The White House

South Korean President’s Plan to Phase Out Nuclear Energy Faces Criticism

South Korean President Moon Jae-in is facing criticism for his effort to phase out nuclear power in South Korea. 27 international scientists and conservationists signed a letter calling for the president to reverse his decision and instead increase support for enhanced safety standards, and technology that is more cost-effective.  Several hundred South Korean university professors and scholars have also called for President Moon to halt the phase out, arguing that nuclear energy provides “cheap electricity to the general public.”

Source: World Nuclear News

United Kingdom Opens New Modular Reactor Research and Development Center 

On July 4, the United Kingdom’s Nuclear Advanced Manufacturing Research Center (NAMRC) officially opened a new modular manufacturing research and development center. The facility will allow NAMRC to expand its capabilities to modular manufacturing, reducing construction risk and cost. Additionally, NAMRC believes modular techniques will help to “deliver new power plants to schedule.”

Source: World Nuclear News

U.S. Company Looks to Extend Operating License for Nuclear Power Plant 

Entergy, a U.S. energy company based in New Orleans, Louisiana, recently applied for an operating extension license from the Nuclear Regulatory Commission that would allow the company to operate its River Bend Nuclear Station for another 20 years. River Bend Station is a nuclear power plant that has been in operation since 1985. Its original license allows the plant to run through 2025. Once approved, the extension will last until 2045.

Source: The Advocate