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2018-03-23 08:10:00

ASIA NEEDS NUCLEAR

ASIA NEEDS NUCLEAR

WNN - Asia needs nuclear energy to meet its economic, energy and environmental goals, but such plans are still in the development phase in the South East region of the continent, Agneta Rising, director general of World Nuclear Association, said.

Addressing delegates at the Sustainable Energy Technology Asia 2018 conference in Bangkok, Thailand, Rising noted that nuclear power generation is growing rapidly in Asia, having increased by 35% over the last five years.

Asia is a focus of new nuclear build, with 40 of the 56 reactors under construction globally being built in Asian countries. New countries are planning to start using nuclear generation, with construction of Bangladesh's first reactor under way and preparations progressing in countries such as Jordan, Saudi Arabia and Turkey.

South East Asia has become reliant on fossil fuels for electricity supplies, however, with coal-fired generation increasing dramatically, quadrupling since 2000. Electricity demand has risen sharply in the region and is expected to double over the next 20 years.

"Countries in South East Asia can be part of a global clean energy future by committing to use nuclear energy. This will help reduce pollution, improve air quality and deliver better public health," Rising said.

International vendors and supply chain companies are ready to work with businesses in the region to bring investment and help develop a highly skilled workforce, she said. To enable this, governments need to establish clear energy policies and develop nuclear energy infrastructure, training and education.

"Nuclear energy will provide a clean and reliable 24/7 supply of electricity at a competitive price," Rising said.

London-headquartered World Nuclear Association's mission is to promote a wider understanding of nuclear energy among key international influencers by producing authoritative information, developing common industry positions, and contributing to the energy debate, as well as to pave the way for expanding nuclear business.

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Earlier:

 Nuclear
2018, March, 21, 12:20:00

SAUDIS NUCLEAR POWER

BLOOMBERG - The Saudis see atomic energy as a way to ease their dependence on finite fossil fuels. But they are also driven by competition with their rival Iran, which has multiple nuclear facilities.

 

 Nuclear
2018, March, 18, 11:35:00

IAEA - PAKISTAN COOPERATION

IAEA - IAEA Director General Yukiya Amano commended efforts by Pakistan to increase nuclear safety and security as the country works to triple its nuclear power capacity. Prime Minister Shahid Khaqan Abbasi commended the IAEA for the support provided to Pakistan in the use of peaceful nuclear applications. Pakistan “was ready to further strengthen its partnership with the IAEA and contribute towards the achievement of the Sustainable Development Goals worldwide,” the Prime Minister said.

 

 Nuclear
2018, March, 9, 13:25:00

CHINA'S NUCLEAR DEVELOPMENT

WNN - China will "steadily promote" the development of nuclear power this year, according to a plan released by the country's National Energy Administration (NEA). The plan calls for five new nuclear power reactors to be brought online in 2018 and construction to be started on a further six to eight units.

 

 Nuclear
2018, March, 9, 13:20:00

INDIA NEED URANIUM: TENFOLD

WNN - India is planning a tenfold increase in uranium production over the next 15 years, Minister of State Jitendra Singh told the country's parliament yesterday. State company Uranium Corporation of India Ltd (UCIL) has outlined expansion plans to meet the Department of Atomic Energy's (DAE) vision of achieving self-sufficiency in uranium production.

 

 Nuclear
2018, March, 7, 14:35:00

IRAN IS IMPLEMENTING

IAEA - Iran is implementing its nuclear-related commitments under the Joint Comprehensive Plan of Action (JCPOA), IAEA Director General Yukiya Amano told the Agency’s 35-member Board of Governors on Monday.

 

 Nuclear
2018, March, 7, 14:30:00

ASIA'S NUCLEAR INCREASING

EIA - Nuclear electricity generation capacity in the Middle East is expected to increase from 3.6 gigawatts (GW) in 2018 to 14.1 GW by 2028 because of new construction starts and recent agreements between Middle East countries and nuclear vendors.

 

 Nuclear
2018, March, 7, 14:10:00

INDIA - VIETNAM NUCLEAR

WNN - India and Vietnam have signed a memorandum of understanding (MoU) to strengthen their cooperation in nuclear energy. The agreement was one of three MoUs signed during Vietnamese President Tran Dai Quang's visit to India.

Tags: ASIA, NUCLEAR, POWER

Chronicle:

ASIA NEEDS NUCLEAR
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

ASIA NEEDS NUCLEAR
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

ASIA NEEDS NUCLEAR
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

ASIA NEEDS NUCLEAR
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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