Global Energy News Roundup: July 27

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

Japan and India’s Nuclear Cooperation Agreement Goes into Effect

On July 26, a nuclear cooperation agreement came into effect that will allow India to import Japanese nuclear technology. Negotiations between the two countries lasted six years, culminating in an agreement signed by both Japan and India on November 11. In May, the agreement was approved by the lower house of Japan’s parliament, followed by an approval from the House of Councillors in June. The agreement allows the technology and equipment to be used for only civilian purposes, and not for nuclear weapon development. India will also be required to accept inspections by the International Atomic Energy Agency. India’s ministry of external affairs stated that “this agreement is a reflection of the strategic partnership between India and Japan and will pave the way for enhanced cooperation in energy security and clean energy.”

Source: World Nuclear News

Federal Judge Dismisses Lawsuit That Would Have Halted Nuclear Power Plant Subsidies

On Tuesday a federal judge dismissed a lawsuit that would have prohibited New York Governor Andrew Cuomo from providing subsidies to nuclear power plants in the state. The lawsuit was brought by energy companies and trade groups who claimed that federal law “preempted New York and its Public Service Commission from offering credits to promote clean energy and reduce reliance on fossil-fueled or gas plants.” The judge wrote that the program in New York is constitutional, and that it can remain in place.

Source: Reuters

Nuclear Regulation Authority Opens New Monitoring Posts

The Nuclear Regulation Authority will be opening radiation monitoring posts on Tsushima Island in Nagasaki Prefecture and also Yonaguni Island in Okinawa. The new posts are part of an effort to increase the Nuclear Regulation Authority’s ability to detect accidents at power plants overseas. The new posts are closer to South Korea and Taiwan, both of which have atomic plants. The Nuclear Regulation Authority is aiming to have the outposts working by March. Nuclear power plants in both have multiple nuclear power plants, and nuclear accidents in these countries could create radioactive fallout that affects Japan. These new posts are meant to increase safety measures.

Source: The Japan Times

Toshiba Now Wholly Owns NuGeneration

Toshiba now wholly owns NuGeneration (NuGen) after completing an acquisition of the company from French utility’s Engie. Previously, Engie owned a 40% of the UK nuclear power plant developer. On July 25, Toshiba purchased all shares held by Engie in NuGen. Toshiba has said that it will seek additional investors to invest in NuGen.

Source: World Nuclear News