Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, December 18, 2012

Nuclear power update 12/18


Japan Likely to Reembrace Nuclear Power in Wake of Elections
Science AAAS
Credit: Nekosuki600/Wikipedia. TOKYO—Japan's plans to phase out nuclear power and boost reliance on renewable energy are likely to be reversed with the victory of the Liberal Democratic Party (LDP) in parliamentary elections. In voting on Sunday, LDP ...http://news.sciencemag.org/scienceinsider/2012/12/japan-likely-to-reembrace-nuclea.html

Sky News: Uranium shares cheer pro-nuclear Japan

Sky News Australia -
Updated: 22:59, Tuesday December 18, 2012. Uranium shares cheer pro-nuclear Japan. Uranium producer Paladin Energy's shares shot up on Tuesday as a buoyant nuclear industry cheered the election of a Japanese government expected to more quickly ...

Uranium One Climbs After Japanese Election: Johannesburg Mover

Bloomberg -
Uranium One Inc. (UUU), which mines the raw material used in reactor fuel, advanced the most in 11 months in Johannesburg trading after the pro-nuclear Liberal Democratic Party won a landslide election victory in Japan. The shares in the Vancouver-based ...

Japan's TEPCO soars further on Abe's poll victory

Channel News Asia -
TOKYO: Shares in Fukushima operator TEPCO soared for a second straight day Tuesday after Shinzo Abe's election win fuelled speculation that plans to ditch atomic power in disaster-scarred Japan will be shelved. The utility giant's stock ended up 17.32 ...

Nuclear Stock Rally in Japan Ignores Public Opposition

Businessweek -
Japanese power-company stocks that rallied after the pro-nuclear Liberal Democratic Party was elected may struggle to sustain gains because of public opposition to restarting atomic plants. The Topix Electric Power & Gas Index (TPELEC) fell 1.8 percent ...

Tepco Shares Surge on Speculation LDP to Allow Nuclear Restarts

Businessweek -
Tokyo Electric Power Co. (9501)'s shares surged on speculation the Liberal Democratic Party's election victory will pave the way for the utility to restart reactors at its Kashiwazaki Kariwa nuclear plant, the world's biggest. The stock, which lost more than 90 ...

Faults Under Japan's Nuclear Power: DNews Nugget
Discovery News
A second nuclear plant in Japan sits atop a possibly active seismic fault, government-appointed experts said Friday, days after the first facility was said to be at risk. A panel appointed by the Nuclear Regulation Authority (NRA) said fractured strips ...http://news.discovery.com/earth/faults-under-japans-nuclear-power-dnews-nugget-121217.html

Fukushima plant situation 'volatile,' a year after cold shutdown declared

Asahi Shimbun -
Workers are nowhere close to determining the state of melted fuel at the Fukushima No. 1 nuclear plant, a year after the government declared the damaged reactors were in a “cold shutdown” state. Storage tanks at the site are nearing capacity for radioactive ...

IAEA to set up base in Fukushima for nuclear accidents in Asia

Asahi Shimbun -
The International Atomic Energy Agency will establish a base in Fukushima Prefecture to provide training and stock radiation counters and protective equipment for possible nuclear disasters in Asia. It will be the first such IAEA base outside Vienna, the ...

Saudi Arabia calls for high safety standards at nuclear facilities

MENAFN.COM -
(MENAFN - Arab News) Saudi Arabia has called on the international community to adopt practical measures in the realization of higher safety standards at nuclear facilities. Hashim bin Abdullah Yamani, president of King Abdullah City for Atomic and ...

Nuclear Power Is Just So Passé

eco-business.com -
In a bit of welcome news, it appears nuclear energy based electricity generation has been flat and will likely reduce in the years ahead. According to the Earth Policy Institute, nuclear electricity-generating capacity has actually fallen 5 percent between 2006 ...

The Next Big Thing in Nuclear Power: Going Small
AOL Energy
Add a Comment. The Next Big Thing in Nuclear Power: Going Small. The 'economies of scale' approach the nuclear industry pursued for decades is getting turned on its ear as small modular reactors are poised represent the next generation of nuclear power.http://energy.aol.com/2012/12/17/the-next-big-thing-in-nuclear-power-going-small/
Nuclear power remains hot topic in Japan
PennEnergy (press release)
The upcoming election in Japan will likely change the country's energy policy and increase the use of nuclear power, The Wall Street Journal reported. If the Liberal Democratic Party wins, it is likely officials will decide to restart some of Japan's ...http://www.pennenergy.com/articles/pennenergy/2012/12/nuclear-power-remains-hot-topic-in-japan.html

Japan's business leaders hope victory will break the impasse

AsiaOne -
Disappointed Japanese voters delivered a knockout blow to the Democratic Party of Japan (DPJ) on Sunday, just as they did to the Liberal Democratic Party (LDP) in 2009. In addition to giving his position of prime minister to LDP leader Shinzo Abe, Yoshihiko ...


PennEnergy (press release)
Report Says Europe Should Boost Nuclear Power Generation
Energy Tribune
“Despite the environmental risks, nuclear energy shows potential to reduce emissions and dependence on fossil fuels, and therefore, will be a major contributor to the European energy mix in 2020,” a release from Frost & Sullivan stated. Even as many ...http://www.energytribune.com/68217/europe-should-boost-nuclear-generation
Exit poll: Anti-nuclear votes spread across the board
Asahi Shimbun
Ballots cast by people who advocate scrapping nuclear power ended up being spread among the various parties, meaning that anti-nuclear entities failed to gain seats, an Asahi Shimbun exit poll shows. The Asahi Shimbun approached voters nationwide ...http://ajw.asahi.com/article/0311disaster/fukushima/AJ201212170097
TEPCO shares soar 33% after pro-nuclear party win
Channel News Asia
TOKYO: Fukushima operator TEPCO shares soared almost 33 percent Monday, leading an energy firm rally after a pro-nuclear election win in Japan likely means any short-term plan to ditch atomic power will be shelved. Tokyo Electric Power (TEPCO) ...http://www.channelnewsasia.com/stories/afp_world_business/view/1243191/1/.html
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Bulgarian President Opposes Recommended Nuclear Energy Policy
OilPrice.com
As the global nuclear energy industry at present is recovering from the potential death blows of the 11 March 2011 earthquake and subsequent tsunami that destroyed Japan's six reactor Fukushima Daiichi nuclear complex, the battleground for nuclear ...http://oilprice.com/Alternative-Energy/Nuclear-Power/Bulgarian-President-Opposes-Recommended-Nuclear-Energy-Policy.html

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