DIRS.INFO The most relevant business & tech news

☆ France's Macron announces water saving plan, says protests will not stop reforms
▼ + stars: | 2023-03-30 | by ( ) www.reuters.com time to read: +3 min

[1/6] French President Emmanuel Macron speaks to members of the media as he visits Savines-Le-Lac, South Eastern France, March 30, 2023. With the water plan, Macron and his government are looking to move to other topics. "There are protests, but it does not mean everything must stop," Macron said. Before his speech, Macron told reporters that protests would not stop him from adopting new policies. In some towns, half the water is lost to water leaks, with a nationwide average of 20%.

Repsol says the plant, which transforms used cooking oil into so-called sustainable aviation fuel (SAF), has attracted plenty of customers. But it is concerned Europe's investment environment will complicate the industry's efforts to take off. "Europe needs to step up and throw its weight behind a domestic SAF industry to ensure it does not fall behind." That's a bit under 1% of global aviation fuel demand," said Jonathan Wood, Neste's vice-president of renewable aviation. "America's programme of both federal and state incentives for SAF production is the mark of global leadership on the net-zero transition," IAG told Reuters.

☆ Hungary's foreign minister holds energy talks with Russia's premier
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

BUDAPEST, March 29 (Reuters) - Hungary's foreign minister held telephone talks with Russian Deputy Prime Minister Alexander Novak about gas and oil shipments as well as nuclear co-operation, the Hungarian minister said late on Tuesday. In a statement, Peter Szijjarto said Novak had reassured him that despite international sanctions, the Russian party would be able to do maintenance work on the Turkstream pipeline. "Thus Hungary's gas supply will continue without any disruptions," the statement added. The Turkstream gas pipeline will be stopped for maintenance from June 5 to 12, according to data on the website of Bulgarian gas transmission operator Bulgartransgaz. Szijjarto reiterated in his statement that Hungary would block any European Union sanctions that would affect nuclear energy.

☆ Erdogan says Putin may visit Turkey in April for power plant inauguration
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

ANKARA, March 29 (Reuters) - Turkey's President Tayyip Erdogan said on Wednesday his Russian counterpart Vladimir Putin may visit Turkey on April 27 for the inauguration of the country's first nuclear power reactor built by Russia's state nuclear energy company Rosatom. "Maybe there is a possibility that Mr Putin will come on April 27, or we may connect to the inauguration ceremony online and we will take the first step in Akkuyu," Erdogan said in televised comments on private broadcaster ATV. Turkey will load the first nuclear fuel into the first power unit of the Akkuyu nuclear power plant and officially grant it nuclear facility status on April 27, Erdogan said in an earlier announcement on Wednesday. The Kremlin on Monday denied Turkish reports that Putin was planning to visit Turkey. The Kremlin said on Saturday that Putin and Erdogan discussed during a phone call the successful implementation of joint strategic projects in the energy sector, including the construction of the Akkuyu nuclear power plant.

☆ Ukraine says Russian forces make progress in frontline city of Bakhmut
▼ + stars: | 2023-03-29 | by ( Pavel Polityuk | ) www.reuters.com time to read: +5 min

"Enemy forces had a degree of success in their actions aimed at storming the city of Bakhmut," the General Staff of the Ukrainian Armed Forces said in its regular nighttime report. Russian officials say their forces are still capturing ground in street-by-street fighting inside Bakhmut. [1/5] A tank is towed through a road, amid Russia's invasion of Ukraine, near the bombed-out eastern Ukrainian city of Bakhmut, in the eastern Donetsk region, Ukraine, March 29, 2023. Russian forces shelled towns in central Zaporizhzhia region, including the contested centre of Hulyaipole, the Ukrainian general staff statement said. Rocket and artillery in the past 24 hours struck two areas of concentration of Russian forces, an ammunition depot and two fuel depots, it said.

☆ Strikes hit French nuclear output, disrupt EDF maintenance plans
▼ + stars: | 2023-03-24 | by ( Forrest Crellin | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File PhotoPARIS, March 24 (Reuters) - Strikes in France are impacting maintenance plans at EDF's (EDF.PA) nuclear plants, curbing production just as the utility hoped to rebound from a 34-year output low last year. At least 14 nuclear reactors in EDF's fleet of 56 have suffered some delay affecting their maintenance plans, data from the CGT union showed. For EDF that has meant nuclear power output in 2023 even lower than last year when it had swathes of reactors offline for repairs and checks for stress corrosion cracks. EDF declined to comment on the impact of the strikes on its maintenance plans. French nuclear safety watchdog ASN requested EDF revise its maintenance program due to new cracks discovered this month in some reactors.

Depleted uranium is a dense by-product left over when uranium is enriched for use in nuclear reactors or nuclear weapons. The United States, Britain, Russia, China, France and Pakistan produce uranium weapons, which are not classified as nuclear weapons, according to the International Coalition to Ban Uranium Weapons. Ingesting or inhaling quantities of uranium - even depleted uranium - is dangerous: it depresses renal function and raises the risk of developing a range of cancers. "It's worth making sure everyone understands that just because the word uranium is in the title of depleted uranium munitions, they are not nuclear munitions, they are purely conventional munitions," Cleverly said. A spokesperson from Britain's defence ministry said: "The British Army has used depleted uranium in its armour piercing shells for decades."

☆ Factbox: Putin, quoting Confucius, heaps praise on Xi
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +5 min

Both countries pursue an independent and autonomous foreign policy, and consider relations between China and Russia as one of the main priorities in diplomacy." "China and Russia adhere to the concept of eternal friendship and mutually beneficial cooperation." - Xi said he and Putin have met more than 40 times at different venues. - Putin speaks about the 'Power of Siberia' gas pipeline from Russia to China as the "deal of the century". - Putin said oil and coal deliveries had grown and that Russia is helping to build new nuclear power reactors in China.

☆ Explainer: Everything to know about nuclear fuel uranium
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +3 min

Here is everything you need to know about uranium and its usage as a nuclear fuel. WHAT IS URANIUM USED FOR? The radioactive metal is the most widely used fuel for nuclear energy due to its abundance and the relative ease of splitting its atoms. It is also used in treating cancer, for naval propulsion, and in nuclear weapons. HOW MUCH URANIUM IS NEEDED FOR A NUCLEAR WEAPONThe amount of uranium that went missing contains enough of the U-235 isotope to build a first-generation nuclear bomb if enriched to over 90%, according to Dr. Edwin Lyman from the Union of Concerned Scientists.

☆ Fukushima water release stokes fresh fears for fisherman
▼ + stars: | 2023-03-10 | by ( Dave Lucas | ) www.reuters.com time to read: +1 min

Fisherman Haruo Ono, 71, untangles nets after returning from work at sea for the night, at Tsurishihama fishing port in Shinchimachi, about 55 km away from the disabled Fukushima Dai-ichi nuclear power plant, in Fukushima Prefecture, Japan, March 1, 2023. "It's been 12 years and fish prices are rising, we're finally hoping to really get down to business," Haruo said. "Now they're talking about releasing the water and we're going to have to go back to square one again. It's unbearable." REUTERS/Kim Kyung-HoonClose

[1/6] People walk in a street where garbage cans are overflowing, as garbage has not been collected, in Paris, France March 10, 2023. REUTERS/Benoit TessierPARIS, March 10 (Reuters) - Garbage piled up in Paris streets and fuel deliveries were blocked from refineries as workers continued rolling strikes against pension reform but President Emmanuel Macron refused to meet with unions and said the reform must go ahead. But the hardline CGT union at TotalEnergies' Donges refinery said the strike would continue at least until Thursday and garbage collector unions had set no date for a resumption of services. According to an interior ministry note cited by French TV BFM, police expect that 800,000 to one million people will demonstrate. Fuel deliveries were also disrupted at the Fos refinery, operated by ExxonMobil (XOM.N) subsidiary Esso, a CGT spokesperson said.

☆ Rice into low-carbon plastic: bringing hope to a struggling Fukushima town
▼ + stars: | 2023-03-09 | by ( Elaine Lies | ) www.reuters.com time to read: +5 min

Last November, Tokyo-based firm Biomass Resin opened a factory in Namie to turn locally-grown rice into pellets. "Even now, we can't sell it as Fukushima rice. The same wave slammed into the nuclear plant, setting off meltdowns and explosions. "Namie was hit by four disasters - the quake, the tsunami, the reactor accident and then rumours about radiation danger," said Takemitsu Imazu, president of Biomass Resin Fukushima. The plastic isn't biodegradable, Imazu said, but using rice cuts the petroleum products involved - and growing more rice in Namie reduces overall atmospheric CO2.

☆ A new nuclear reactor in the U.S. starts up. It's the first in nearly seven years
▼ + stars: | 2023-03-07 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +2 min

For the first time in almost seven years, a new nuclear reactor has started up in the United States. On Monday, Georgia Power announced that the Vogtle nuclear reactor unit 3 has started a nuclear reaction inside the reactor. It's when the nuclear fission process starts splitting atoms and generating heat, Georgia Power said in a written announcement. However, because nuclear energy is generated without releasing carbon dioxide emissions, which cause global warming, the current increased sense of urgency in responding to climate change has given nuclear energy a chance at a renaissance. The cost associated with building nuclear reactors is a major barrier to a potential resurgence in nuclear energy, however.

☆ French environment minister urges restrictions to avoid water crisis
▼ + stars: | 2023-03-06 | by ( America Hernandez | ) www.reuters.com time to read: +2 min

REUTERS/Eric GaillardPARIS, March 6 (Reuters) - France's 100 departmental prefects should not hesitate to enact quick decrees restricting local water use given alarmingly low groundwater levels, French Environment Minister Christophe Béchu said on Monday. The announcement came after Béchu met virtually with prefects to get a view of the country's overall water situation as the country experiences its driest winter since 1959. Low water levels last summer impacted hydroelectric production and forced reduced power output at France's nuclear plants, which use river water to cool reactors. In several parts of France there was also an interruption of drinking water, which Béchu said he was keen to avoid this year. A national water resource management plan, initially expected in January, is now slated to be published before the end of March, the ministry said.

☆ Why the West hasn’t gone after Russian nuclear energy
▼ + stars: | 2023-03-06 | by ( Clare Sebastian | ) edition.cnn.com time to read: +5 min

Russia’s state-owned nuclear energy monopoly Rosatom, which exports and enriches uranium as well as builds nuclear power stations around the world, has been in control of Europe’s largest nuclear plant in Ukraine’s Zaporizhzhia region since Russian forces seized it a year ago. Experts say Rosatom remains protected by the vital role it plays in global nuclear power, and the fact it can’t easily be replaced. In 2021, the United States relied on the Russian nuclear monopoly for 14% of the uranium that powered its nuclear reactors. The Akkuyu nuclear power plant as its construction continues in November 2022 Serkan Avci/Anadolu Agency/Getty ImagesSuch dependency can trump other considerations. It is also one of only several EU countries that rely on nuclear energy for more than 40% of their electricity and it has a long-term financing deal with Rosatom to build a nuclear power plant.

☆ Biden admin offers $1.2 billion for distressed, shut nuclear plants
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, March 2 (Reuters) - The Biden administration said on Thursday it is offering a fresh round of $1.2 billion in aid to extend the life of distressed nuclear power plants which, for the first time, could offer funding to a plant that has recently closed. President Joe Biden's climate team believes nuclear power is a crucial source of virtually carbon-free electricity needed to be maintained and expanded to reach his pledge of what it calls 100% clean electricity by 2035. The funding comes from the $6 billion Civil Nuclear Credit program, created by the 2021 infrastructure law, and will be distributed by the Department of Energy (DOE). Holtec International, the current owner, had applied for the first round of funding, but the DOE rejected it. Last year, the DOE provided $1.1 billion in conditional CNC funding to Pacific Gas & Electric's Diablo Canyon nuclear plant that had been set to fully shut in 2025.

☆ Dow and X-energy to build U.S. Gulf Coast nuclear demonstration plant
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, March 1 (Reuters) - Dow Inc (DOW.N) and private company X-energy said on Wednesday they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America. The X-energy Xe-100 plant featuring four high-temperature, gas-cooled reactors is set to be built at one of Dow's sites on the U.S. Gulf Coast. Backers of next-generation nuclear reactors, including the Biden administration, say the technology is crucial to fight climate change. The X-energy plant will provide a Dow facility with process heat and power to make products. Dow, a chemicals company, makes a wide variety of products including polyethylene used in packaging, paints, and foams.

BRUSSELS, Feb 21 (Reuters) - The European Union is close to a 10th sanctions package against Russia for its invasion of Ukraine and EU governments hope to reach a deal on Wednesday if they can overcome differences about a ban on Russian rubber and diamond imports, EU diplomats said. Among those the bloc is seeking to target are Russians it says are involved in the illegal deportation of some 6,000 Ukrainian children. "We were discussing today the 10th sanctions package against Russia," Polish ambassador to the EU Andrzej Sados said after talks by ambassadors of the EU's 27 governments in Brussels. "At least 34 Russian institutions are involved in systemic stealing of Ukrainian children, including the Russian children's ombudsman," Sados said. The U.N. refugee agency said last month Russia was giving the children Russian passports and putting them up for adoption.

The debate - which focuses on hydrogen produced from nuclear or renewable energy - has already delayed negotiations on new EU renewable energy targets and threatened a multi-billion-euro hydrogen pipeline. Some EU officials fear it could spill into other green energy policies, potentially delaying laws needed to meet EU climate targets. "There are outstanding obstacles, but they will be resolved," EU foreign policy chief Josep Borrell said of the climate conclusions on Monday, without specifying what the obstacles were. A draft of the conclusions, seen by Reuters, said: "EU energy diplomacy will promote the increasing uptake and system integration of renewable energy, hydrogen and its derivatives." They says they acknowledge nuclear's low-carbon contribution, but that it should not be put on a level footing with renewable energy sources like wind and solar.

☆ France’s EDF Lost $19 Billion After Nuclear Outages
▼ + stars: | 2023-02-17 | by ( Matthew Dalton | ) www.wsj.com time to read: 1 min

EDF’s nuclear reactors normally export large amounts of electricity across Western Europe. PARIS— EDF SA lost around $19 billion last year after outages at its nuclear reactors left the state-controlled power company—and much of Western Europe—more exposed to the energy crisis sparked by the war in Ukraine. Pipe corrosion found at around 10 of EDF’s 56 nuclear reactors led it to shut down more than half of them over the summer. As a result, EDF was forced to buy electricity on Europe’s wholesale power market, where prices had soared because of Russia’s decision to cut shipments of natural gas to the continent.

☆ Fukushima wastewater release would have limited impact on South Korean waters - study
▼ + stars: | 2023-02-16 | by ( Ju-Min Park | ) www.reuters.com time to read: +2 min

SEOUL, Feb 16 (Reuters) - The release of waste water from Japan's wrecked Fukushima nuclear power plant would have a negligible effect on South Korean waters, according to a government study published on Thursday. "That change would be too small to detect," an official at the Korea Institute of Ocean Science and Technology said. The analysis comes as South Korea's President Yoon Suk-yeol is seeking to improve relations with Japan after years of tensions. The water release has raised concerns from neighbouring countries, including China and South Korea. The simulation study has "no connection" to normalising relations between South Korea and Japan, said Oh Haeng-nok, an official at South Korea's Ministry of Oceans and Fisheries.

☆ Rising tensions with Russia have NATO militaries worried about the revival of a Cold War-era submarine threat
▼ + stars: | 2023-02-16 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +9 min

A top concern is that those subs could be used to attack or interfere with undersea cables and pipelines. Ander Gillenea/AFP/Getty ImagesConcern about Russia's expanding underwater capabilities and the danger they pose to critical underwater infrastructure has risen since Russia seized Crimea in 2014. Since then, Russian submarines have deployed more often and for longer and their activity close to critical undersea infrastructure has increased. Recent Russian submarine activity does suggest an increasing focus on being able to get into the Atlantic and closer to the US East Coast. At a Senate hearing in February 2020, the head of US European Command was asked if US forces have "sufficient visibility" on Russian submarines in the Atlantic.

☆ Radioligand therapy, a 'game-changer' for cancer treatment, forces manufacturers to race against a ticking clock
▼ + stars: | 2023-02-11 | by ( Ashley Capoot | ) www.cnbc.com time to read: +12 min

Ash from the eruption disrupted flights across Europe — including a time-sensitive shipment of experimental radioligand therapy that Sartor was expecting from Norway. Radioligand therapy, also called radionuclide or radiopharmaceutical therapy, is a targeted form of cancer treatment that delivers radiation directly to cancer cells. Once the radioactivity decays, it can no longer kill the cancer cells as effectively, which means radioligand therapy has a limited window of viability. Expensive to produce and ship fastNuclear medicine has been used to treat cancer for decades, and radioligand therapy itself is not new. In 2008, he traveled to a medical conference in Toronto where he heard about radioligand therapy for the first time.

☆ Bill Gates: Nuclear waste is not a reason avoid nuclear energy
▼ + stars: | 2023-02-10 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +3 min

Nuclear waste is not a reason to avoid using nuclear energy, according to Bill Gates, the Microsoft co-founder and philanthropist who more recently founded a next-generation nuclear energy startup, TerraPower. One common criticism of nuclear power is that nuclear reactors generate waste that stays radioactive for thousands of years. "The waste problems should not be a reason to not do nuclear," Gates said in an interview with the German business publication, Handelsblatt, published on Thursday. The volume of nuclear waste is very small, especially when compared to the energy generated, Gates said. But after a boom of nuclear power reactor construction in the 1970's and 1980's, the construction of new nuclear power generation came to a virtual standstill.

☆ E.ON tops own 2022 outlook, helped by non-core division
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +1 min

SummarySummary Companies 2022 adjusted EBITDA at 8 bln eurosBoosted by division that includes nuclear powerShares up 2%FRANKFURT, Feb 8 (Reuters) - E.ON (EONGn.DE), Europe's largest operator of energy networks, likely exceeded its own profit outlook in 2022 thanks to its division that includes legacy nuclear plants, pushing its shares to the top of Germany's blue-chip index on Wednesday. E.ON late on Tuesday cited a better than expected performance at its non-core unit, which covers its remaining nuclear power plants and its Turkey business, for adjusted core profit (EBITDA) of around 8 billion euros ($8.6 billion) in 2022. Adjusted net income likely came in at 2.7 billion euros, the group said. It had forecast adjusted EBITDA of 7.6 billion to 7.8 billion euros and adjusted net profit of 2.3 billion to 2.5 billion euros. Originally slated for shut-down at the end of 2022, they are currently scheduled to end operation in mid-April.

Search resuls for: "Reactors"

25 mentions found