According to Bloomberg, the Nation Development & Reform Commission in China has said that it will reduce its 2020 target for nuclear power from 80GW, but didn’t say by how much. The beneficiary? Solar power companies. The commission plans to increase its solar power capacity estimate for 2020 from 20GW, but also didn’t specify by exactly how much.
Obviously it’s a tremendous tragedy what’s happening in Japan with the nuclear power crisis on top … Read the rest
According to Reuters, Exelon Energy Co just announced that it has signed a uranium supply deal with Tenex, a Russian nuclear fuel exporter owned by the Russian government. Under the terms of the agreement, Tenex will supply Exelon with uranium for nuclear energy for a period of six years, from 2014 to 2020.
The amounts of uranium involved were not disclosed. Nor were the financials of the deal.
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Exelon (EXC) is announcing a program that allows its customers to be certified, emission free energy users. The new product, called an Emission-Free Energy Certificate (EFEC) will initially be limited to select commercial and industrial customers who already have an existing relationship with Exelon. Emission free energy is defined as energy that does not directly produce sulfur dioxide, nitrogen oxide or carbon dioxide and includes solar, wind, hydro, wave energy as well as nuclear. With … Read the rest