Global Energy News Roundup: July 26

The Forum on Energy weekly news roundup brings together a mix of global energy stories from around the web. It is published every week. Please visit our page on Twitter via @forumonenergy

Ohio Lawmakers Extend Lifeline to State’s Nuclear Power Plants

This week lawmakers in Ohio took decisive action on legislation that would save the state’s nuclear power plants. On Tuesday Ohio’s Republican controlled House of Representatives passed a bill that creates subsidies to avoid an early shutdown of the state’s two nuclear power reactors. FirstEnergy Solutions own the two power plants that are named Davis-Besse and Perry. Without subsidies the nuclear plants, which supply 90% of the state’s clean carbon free power, would have shutdown in 2020 and 2021. The bill (House Bill 6) will now travel to the Governor Mike DeWine’s desk, who has expressed support for the legislation and should sign it into law.

Source: Reuters

Tokyo Electric Power Company to Decommission Undamaged Fukushima Power Plant 

On Wednesday July 24, Tokyo Electric Power Company (TEPCO) shared its plan to decommission its Fukushima Daini nuclear station, which is located a few miles south of the Fukushima Daiichi plant. Scrapping these reactors will decommission 21 units or 40% of their pre-2011 fleet. Japan currently has eight reactors operating, with many continuing the relicensing process under the new safety standards imposed after the 2011 earthquake and tsunami.  The Daini station came close to suffering a meltdown following the 2011 earthquake but retained enough back-up power to continue cooling. There are four reactors located at the site.

Source: Channel News Asia

New British Prime Minister in Support of Nuclear Energy Renaissance

The new Prime Minister of the United Kingdom, Boris Johnson, was asked on his first day addressing his new Government if he agrees that the time is now for a nuclear renaissance and that Copeland is the center of nuclear excellence. Mr. Johnson replied that “It is time for a nuclear renaissance and I believe passionately that nuclear must be part of our energy mix and she is right to campaign for it and it will help us to meet our carbon targets.” His statement comes the same week that the Government also “launched a consultation into funding large-scale nuclear power stations and a proposed £18million investment into small modular reactors (SMR).”

Source: Times and Star UK