Global Energy News Roundup: October 18


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

 

U.S. Energy Secretary Perry to Step Down

This week US President Trump confirmed that U.S. Energy Secretary Rick Perry will leave the administration by the end of 2019. Trump told reporters that he already has a replacement and that “Rick has done a fantastic job. But it was time.” Politico views DOE Deputy Secretary Dan Brouillette as Perry’s most likely replacement. Deputy Secretary Brouillette is a former head of public policy at the U.S. Automobile Association and executive at Ford Motor Company. He has reportedly been filling in for Perry at Cabinet meetings for the last few months. Trump told reporters that “We have his successor, we’ll announce it pretty soon.”

Source: Politico

Secretary Perry Says Working Group Will Boost U.S. Uranium Mining

This week Secretary Perry said he believes a cabinet-level working group which was formed by President Trump will make recommendations that will revive domestic mining of uranium for nuclear power plants.  Trump created the Nuclear Fuel Working Group this past July with the goal to produce recommendations that will boost the domestic uranium production. Perry stated that he thinks “the challenge has always been to keep a uranium mining industry that was viable in U.S. and dealing with a global market place.” Recommendations from the group were due October 10 but Trump delayed the deadline by 30 days to give the group more time. Trump’s former national security advisor John Bolton was co-chair of the group and a delay was caused when he stepped down.

Source: Financial Post

French Government Considers Building New Reactors

France’s government is reportedly working on a plan to build new reactors. The French newspaper Le Monde reported that the government asked the country’s main state-controlled energy company, EDF, to create plans to build three new nuclear power plants, each with two EPR reactors. France has long been dependent on nuclear power, which produces more than 70% of its electricity. This represents the highest share of any nation in the world. According to the article, Jessica Lovering who is a nuclear research at Carnegie Mellon, says that France intends to shut down about 15 aging reactors before 2030, so these new reactors would provide replacements. Additionally, France has committed to become carbon neutral by 2050 so new reactor builds will help the country meet its goal.

Source: Technology Review