Nuclear power is responsible for only 10% of the world’s energy production in lieu of the ill effects of the Fukushima disaster. The number of nuclear reactors has come down from 429 in 2010 to 412 at the end of last year but energy generation increased from 365 GW in 2010 to 367 GW in […]
Saudi Arabia to diversify in Nuclear Power Saudi Arabia is one of the richest companies in the world with gargantuan foreign reserves which keep increasing each year, thanks to its massive oil production. Despite not having any other industry, Saudi Arabia’s oil riches have ensured that the country remains one of the richest in the […]
Two Emerging Nuclear Giants – India & China The Fukushima disaster in Japan involving the Daiichi Nuclear Power Plant had bought a nuclear winter for the global nuclear energy industry. Many of the top nuclear countries like Japan and Germany have put a complete halt of nuclear power generation while the biggest nuclear equipment suppliers […]
Nuclear Power which supplies more than 15% of the world’s electricity is doing a serious examination of its benefits compared to the massive risks. Nuclear Advantages vs Disadvantages are being weighed by countries after the Fukushima accident and many nations have decided to completely abandon nuclear energy. Amongst the most prominent are Germany and Japan […]
Exelon from Wind to Solar Exelon which is the owner of the biggest portfolio of nuclear power plants in the US has been kicked out of the powerful wind industry association AWEA. The primary reason is that Exelon has opposed the extension of the 30% wind tax credit given to the wind industry. Note wind […]
Nuclear Energy As the whole world is fixated on the debate about on using and not using nuclear power for energy generation, the anti-nuclear protestors have got a new powerful argument about nuclear energy being not economically feasible. General Electric which is among the world’s top 3 suppliers of nuclear energy equipment along with Toshiba […]