Why Nuclear Energy is on a secular decline Nuclear Energy provides more than 15% of the world’s electricity requirements and is much cheaper than other renewable sources of power such as solar and wind energy (at least the old plants).  The developed countries account for most of the nuclear power reactors with France getting more [...]

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 [...]

Toshiba to Acquire Urenco Japanese industrial conglomerate Toshiba is looking to expand its nuclear energy business, even as other big nuclear equipment companies such as GE and Siemens are lowering their exposure to the nuclear business. After the Fukushima incident, nuclear energy globally has received a lot of blowback and a number of top global [...]

Nuclear Power Corporation of India India’s cash strapped government has been trying to sell shares of public sector undertakings in 2012 without much success. The general economic downturn, bad investor sentiment, unrealistic valuations have meant that most of the share sales have been not occurred and some that have been completed are mainly due to [...]

Nuclear Waste is become the biggest bottleneck for nuclear power these days with courts and activists raising this problem. Note while the biggest disadvantage of nuclear energy is the possibility of a major radioactive incident, nuclear waste is not a possibility but a fact. No country has a foolproof policy to dispose nuclear waste which [...]

Hitachi Entering Nuclear Power The massive global backlash against nuclear energy has seen a number of top nuclear equipment manufactures like GE, Siemens, Toshiba pulling back. While Siemens and Toshiba have already announced plans to retrench from nuclear energy, GE has also voiced concerns about nuclear power being unviable compared to natural gas and renewable [...]