CLEAN NUCLEAR FUTURE
WNN - The Initiative on Nuclear Energy is to be launched on 24 May at the ninth Clean Energy Ministerial (CEM) in Copenhagen. Here, Deputy Secretary Dan Brouillette of the US Department of Energy explains the Nuclear Innovation: Clean Energy (NICE).
This week, I have the privilege of traveling to Copenhagen, Denmark to participate in the 9th Clean Energy Ministerial. This forum brings together the world's top energy officials to promote and discuss a wide range of policies and programmes that will promote the transition to a global clean energy economy.
But frequently the definition of 'clean energy', as Secretary Rick Perry pointed out last year, does not include nuclear energy - the world's second largest source of low-carbon electricity, following only behind hydropower.
If the world is serious about reducing emissions and growing economies, then the ministerial must consider all options when it comes to carbon-free power, including clean, reliable nuclear energy.
NICE Future Initiative
The United States, Canada, and Japan are launching the Nuclear Innovation: Clean Energy (NICE) Future Initiative. This global effort will make sure nuclear has a seat at the table during discussions about innovation and advanced clean energy systems of the future.
Innovative nuclear systems will play a critical role in world-wide decarbonisation, including use in many energy intensive applications such as:
• Industrial process heat
• Integrated nuclear-renewable systems
• Flexible electricity grids
• Hydrogen production
• Energy storage (thermal, electrical, or chemical).
NICE Future is gaining momentum; more than a dozen countries have already expressed interest in joining. It's time for the rest of the world to join this important initiative.
The clean power of nuclear
There are currently 449 commercial reactors operating in 30 countries around the world. Collectively, these reactors provide nearly 11% of the world's electricity - all of it being clean and reliable power.
In the United States, our 99 reactors produce 20% of the nation's electricity and 56% of our total clean energy.
By utilising our nuclear energy resources, the United States also avoided more than 14,000 million metric tons of carbon dioxide emissions between 1995 and 2016. That's the equivalent of removing 3 billion cars from the road.
All the more reason nuclear should have a seat at the clean energy table.
The power of collaboration
The Trump Administration takes an all-of-the-above approach to energy, and when we say "all-of-the-above" we mean it.
As Secretary Perry has stated, we don't have to choose between boosting our economy or protecting our environment. We can achieve both.
We can do this by utilising ALL our energy assets. This approach drives innovation, spurs our economies, and protects the environment.
Nuclear energy has demonstrated itself time and time again as a clean, reliable, and resilient source of electricity. Having nuclear included in the Clean Energy Ministerial will spur even greater support for this technology and help provide its benefits to our allies around the world.
We must work together to make sure ALL clean and innovative technologies are a part of an emission-free future. We must work together to have a NICE Future.
|August, 17, 12:01:00|
|August, 17, 11:55:00|
|August, 17, 11:50:00|
|August, 17, 11:45:00|
|August, 17, 11:40:00|
|August, 17, 11:35:00|
U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.
NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.
GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.
REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.