Japanese Leaders Begin Race for Nuclear Energy Revival
Recent political initiatives in Japan highlight a growing interest in reviving the use of nuclear energy in the country. Leading candidates for the prime ministerial post, including current Prime Minister Fumio Kishida and his opponents, are actively supporting the idea of returning to nuclear energy as a solution to energy security and sustainable development issues. Japan, which replaced its major nuclear programs with alternative sources after the 2011 Fukushima disaster, now finds itself needing to restore nuclear capabilities to ensure stable energy supply.
Continue readingJapan Halts Removal of Melted Fuel at Fukushima Due to Camera Outage
As part of ongoing efforts to clean and restore the area around the Fukushima nuclear power plant, Japanese authorities have announced a temporary halt to operations for removing melted nuclear fuel. This decision was made due to a technical failure of the surveillance cameras that are essential for monitoring safety during the procedure.
Continue readingVietnam Considers Developing Nuclear Energy
Vietnam is actively exploring the possibility of using nuclear energy as a key direction for its energy future. According to a report published by VNExpress, the country's Ministry of Energy will present a detailed plan for the development of nuclear energy next month. This initiative includes the assessment of energy needs, which are expected to grow in the coming years.
Continue readingFuse: Nuclear Startup Valued at Over $200 Million in New Funding
A nuclear energy startup known as Fuse has been valued at over $200 million following a recent funding round. This information came to light as the company secured support from influential investors during its latest financing effort. The funds will be utilized for developing innovative solutions in the nuclear energy sector and for bringing new technologies to market.
Continue readingSouth Korea Approves Construction of Two New Nuclear Reactors in Energy Policy Boost
South Korea is actively advancing its nuclear energy sector, having approved the construction of two new nuclear reactors. This decision comes amid rising electricity demand and the country's desire to reduce reliance on fossil fuels. The new construction is expected to create additional jobs and contribute to economic growth.
Continue readingGrowing Interest in Nuclear Stocks Among Asset Managers
In recent months, there has been a noticeable shift in the investment preferences of major asset managers who are starting to pay attention to the stocks of nuclear companies, which were previously considered marginal in the stock market. This trend has become particularly evident against the backdrop of global energy instability and the growing demand for clean energy sources, with nuclear energy playing a significant role.
Continue readingJapan Begins Process of Removing Melted Nuclear Fuel from Fukushima
On September 10, 2024, Japanese authorities announced the start of a complex operation to extract melted nuclear fuel from the reactors at the Fukushima Daiichi nuclear power plant. This news marks an important milestone in the decommissioning process following one of the most severe nuclear incidents in history after the 2011 disaster. The Tokyo Electric Power Company (TEPCO), responsible for the plant, reported that the operation could take many years and requires highly skilled specialists and specialized equipment.
Continue readingItaly Seeks Partners to Develop Nuclear Reactors, Minister Says
Italy is actively searching for international partners to develop new nuclear reactors, as announced by Minister of Economy and Finance Giorgio Gattinger. In his recent statement, he emphasized the importance of nuclear energy in the country’s energy strategy, aligning it with European goals for decarbonization and reducing dependence on fossil fuels.
Continue readingSouth Korea Embraces Nuclear and Hydrogen Energy to Cut Carbon Emissions
South Korea has announced a new strategy aimed at combating climate change by increasing the share of nuclear and hydrogen energy in its energy system. This initiative is designed to significantly reduce carbon emissions and achieve climate goals by 2030. Under this plan, the government of the country intends to actively utilize nuclear reactors and develop hydrogen energy technologies.
Continue readingDebate on Nuclear Energy Should Be Central to Upcoming Elections in Japan, Says Former IAEA Chief
Former Director-General of the International Atomic Energy Agency (IAEA) Yukiya Amano has stated that upcoming elections in Japan should focus on issues related to nuclear energy. He argues that climate change and energy security remain pressing concerns for the country and require serious discussion in the political arena.
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