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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, April, 25, 09:50:00

UZBEKISTAN WILL JOIN TO $8 BLN

REUTERS - Uzbekistan plans to join an $8 billion project to build a natural gas pipeline from Turkmenistan to India, Uzbek President Shavkat Mirziyoyev said on Monday, although it was unclear whether Tashkent might eventually ship gas through it.

ASIA NEEDS NUCLEAR
2018, April, 25, 09:45:00

EGYPT NEED INVESTMENT $10 BLN

REUTERS - Egypt aims for foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year that begins in July, Petroleum Minister Tarek El Molla said

ASIA NEEDS NUCLEAR
2018, April, 25, 09:40:00

BP - ROSNEFT STRONG PARTNERSHIP

REUTERS - BP (BP.L) has a “very strong” partnership with Russian oil giant Rosneft (ROSN.MM) but will steer away from politics, Chief Executive Officer Bob Dudley said on Tuesday, as Moscow could face new western sanctions.

ASIA NEEDS NUCLEAR
2018, April, 25, 09:35:00

SHELL SELLS ARGENTINA $0.95 BLN

SHELL - Shell has signed an agreement to sell its Downstream business in Argentina to Raízen for US$0.95 billion in cash proceeds at completion, subject to customary closing conditions. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply and distribution activities in the country. Additionally, after the transaction closes, the businesses acquired by Raízen will continue their relationships with Shell through various commercial agreements, which represent an estimated value of US$0.3 billion.

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