Nuclear energy industry has seen a massive blow after the Fukushima incident, which led to the shutting down of numerous reactors across Germany, Belgium, Switzerland and Japan. Many countries adopted policies to completely stop nuclear power generation after massive protests. Even though Japan is again restarting old nuclear plants, it is doing so gingerly and […]
The Indian nuclear energy ambitions have not really fructified after a great deal was made out of the USA Indian nuclear agreement in 2009, in which India got exempted from the sanctions after the 1998 nuclear bomb tests. However despite the agreement, nuclear capacity has not really climbed up much in the last 5-6 years. […]
India Nuclear Energy India has a massive power deficit issue, which requires it to expand using all available fuel sources both green and non-green. The last government placed a huge emphasis on growing nuclear energy signing a landmark deal with USA, which broke its pariah status. Despite the numerous deals signed with uranium suppliers as […]
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 […]