Korea Hydro and Nuclear Power and Westinghouse have signed a memorandum of understanding on bilateral technical cooperation. The companies hope their collaboration will boost their overseas revenues.
South Africa is well-equipped to have nuclear power plants and has a nuclear safety culture, with Koeberg having operated safely for over 32 years, utility Eskom said yesterday. The performance of the Koeberg plant has also consistently been one of the strongest within the Eskom fleet, it said, adding that it is also the cheapest energy provider in South Africa's fleet.
The Paris Climate Change Agreement and the falling costs of renewables have made the transition to clean energy systems unstoppable, keynote speakers told Singapore International Energy Week today. The only thing that remains is to implement it, they said.
A proposal to change decommissioning rules in Japan could mean that operators will contribute to funds only during operation, and not, as previously, for a decade after final shutdown.