Global Energy News Roundup: October 26

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


US Issues Warning About Doing Business with Chinese Nuclear Industry

This month the United States issued a warning to the UK about doing business with China’s largest state-backed nuclear company. The US believes that the Chinese nuclear company is transferring civilian nuclear technology to military uses. Christopher Ashley Ford, the US Assistant Secretary for International Security and Non-Proliferation, stated that “it’s quite clear now that essentially the entirety of the Chinese nuclear industry is lashed up with military-civil fusion…There is a growing pattern of information of which we have become aware over time related to technological theft issues.” The nuclear power technology could be used for a number of China’s military projects including powering China’s new nuclear powered submarines, aircraft carriers, and its floating nuclear reactors that are being used to militarize the South China Sea.

The United States also recently updated its own civilian nuclear policies with China to say that there would be a “presumption of denial” for a US company that seeks to share technology with CGN or any of its subsidiaries. Nevine Schepers, a nuclear and non-proliferation research analyst at the International Institute for Strategic Studies stated that “the US is taking a tougher line on exports of sensitive technologies to China, in light of the increasingly close relationship between the Chinese civilian and defense industries.”

Source: Financial Times

Japan Court Allows for Restart of Shikoku Electric Reactor

On Friday a court in Japan allowed Shikoku Electric Power Plant to begin the process to restart its only operable nuclear reactor by rejecting a lawsuit from residents asking to close the unit. The company will now be able to restart its Ikata No. 3 reactor on Saturday. This reactor has been shut down since October 2017 for maintenance. Other units at the site will be decommissioned in the future.

Source: Reuters

Report Explains How Nuclear Energy Creates Jobs

OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA) published findings from a study performed by the two agencies that concluded that up to 200,000 job-years of employment are created by each gigawatt of nuclear capacity constructed.  The report states that “the nuclear energy sector employs a considerable workforce around the world, and with nuclear power projected to grow in countries with increasing electricity demand, corresponding jobs in the nuclear power sector will also grow.”

NEA and IAEA used the “input/output” model to measure direct, indirect, and induced employment from the nuclear power sector in the national economy. The agencies used the macroeconomic model which was most available to determine total employment. It is stated that “this report generalizes and simplifies the modelling efforts of the OECD member countries (where macroeconomic models are generally available) to make them more applicable to other economies, in particular, those IAEA member states (where macroeconomic models might be less developed).”

Source: World Nuclear News