2020-10-21 16:50:00
U.S. NUCLEAR FOR POLAND: $18 BLN
REUTERS - OCTOBER 19, 2020 - The United States and Poland have struck a nuclear power agreement in which Poland will likely buy $18 billion in nuclear technology from U.S. companies, the U.S. energy department said on Monday.
The United States has been competing with China and Russia and other countries to supply nuclear power technology to countries hoping to build their first reactors, or boost their programs.
"We are hopeful that the ultimate decisions that are made by Poland ... over a period of time will result in them choosing U.S. technology," U.S. Energy Secretary Dan Brouillette told reporters in a teleconference.
Brouillette said the reactors would help lessen Poland's dependence on Russia for energy security.
Poland, traditionally a large purchaser of Russia's natural gas, which competes with nuclear power, aims to halt those purchases after 2022. Instead, it will take pipeline deliveries from Norway and liquefied natural gas, from the United States and others.
Over the next 18 months, the United States and Poland will work on an a report for the program that seeks to build six reactors, as well as potential financing arrangements, the department said.
The first reactors are planned to be in operation by 2033 in a program that will potentially be worth $40 billion, a senior U.S. energy department official said. Poland would buy at least $18 billion from U.S. companies, the official said.
Westinghouse, owned by Brookfield Asset Management BAMa.TO, Bechtel and Southern Co SO.N and the U.S. government, will participate in a first step in the agreement, an engineering study for planned plants, the official said.
This month the United States and Romania came to an initial $8 billion agreement on the construction of two reactors on the river Danube. Romanian state-owned nuclear power producer Nuclearelectrica ROSNN.BX ended talks with China General Nuclear (CGN) about the construction of the reactors after they had dragged on for six years.
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Earlier:
2020, October, 20, 15:20:00
U.S. NUCLEAR INVESTMENT $1.35 BLN
The plant’s projected cost of $6.1 billion has risen from $3.6 billion in 2017
2020, October, 13, 14:55:00
U.S., ROMANIA NUCLEAR COOPERATION
U.S. Secretary of Energy Dan Brouillette and Romania’s Minister of Economy, Energy and Business Development Virgil Popescu initialed a draft Intergovernmental Agreement to cooperate on the expansion and modernization of Romania’s civil nuclear power program.
2020, October, 2, 11:10:00
U.S. URANIUM SECURITY
The Nuclear Fuel Working Group, established by Trump in 2019 to undertake a full analysis of national security considerations with respect to nuclear fuel supply chain after a Section 232 Petition from two US uranium miners asked for a quota on uranium imports, has already called for action be taken to strengthen the country's uranium mining industry.
2020, September, 29, 12:50:00
NUCLEAR POWER: CLEAN ENERGY TRANSITION
A two-day Scientific Forum focused on ‘Nuclear Power and the Clean Energy Transition’. The Forum featured experts, government representatives and international organization representatives and academics, who spoke about how nuclear power can contribute to climate change goals and play a role in the clean energy transition.
2020, September, 29, 12:40:00
NUCLEAR, HYDROGEN ENERGY
Nuclear has been left largely behind by booming demand for clean energy over the past decade.
2020, September, 23, 15:05:00
NUCLEAR POWER: THE NEW POSSIBILITIES
Innovation is accelerating the development and commercialisation of small modular reactors opening up additional applications for nuclear energy.
2020, September, 23, 15:00:00
NUCLEAR POWER: CRITICAL FOR CLIMATE
There are three basic reasons why nuclear power is "critical" to the world meeting its energy and climate goals, said International Energy Agency Executive Director Fatih Birol.
