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Plan for mothballing nuclear plant due in June

The government will unveil a plan for mothballing the controversial fourth nuclear power plant by the end of June, when a safety inspection of one of the plant's two reactors is scheduled to be completed, an official said Monday. Vice economics minister Duh Tyzz-jiun told a legislative committee that his ministry and state utility Taiwan Power (Taipower) expected to unveil a plan to maintain the plant while ...

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Could a Floating Nuclear Power Plant Prevent Another Fukushima?

A group of MIT scientists want to revive the nuclear industry in the post-Fukushima era by moving it offshore. Literally. In a paper to be presented at a conference this week, the MIT researchers argue that the way to make nuclear power plants impervious to earthquakes and tsunamis is to build them in shipyards and then tow the structures five to nine miles out to sea to the deep ocean. These Offshore Small ...

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Enough uranium, but nuclear power is still shrinking

There is enough uranium available on the planet to keep the world’s nuclear industry going for as long as it is needed. But it will grow steadily more expensive to extract, because the quality of the ore is getting poorer, according to new research. Years of work in compiling information from around the world has led Gavin M. Mudd from Monash University in Clayton, Australia to believe that it is economic a ...

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Taipower mulls extending use of three nuclear plants

If the Fourth Nuclear Power Plant cannot become operational due to public opposition, the operational periods of the three existing plants will have to be extended, which could cost between NT$35 billion and NT$40 billion (US$1.16 billion and US$1.33 billion) to renew equipment, Taiwan Power Co (Taipower) said. Company spokesman Tsai Feng-fu (蔡豐富) said that if service is extended by 20 years, the three plan ...

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Power plant lifespans depend on Nuke 4: Taipower

TAIPEI -- If the under-construction fourth nuclear power plant cannot become operational due to opposition from the public, the service periods of the three existing nuclear plants will have to be extended, which will entail a cost of between NT$35 billion (US$1.16 billion) and NT$40 billion to renew equipment, the Taiwan Power Co. (Taipower) said yesterday. Taipower spokesman Tsai Fu-feng said that if the ...

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Deutsche Bank Said to Mull Forgoing IPO Amid Hiring Probes

Deutsche Bank AG is weighing whether to refrain from working on China General Nuclear Power Group’s initial public offering amid a probe into hiring practices in Asia, three people with knowledge of the matter said. Germany’s largest bank employs the daughter of Shenzhen-based China General Nuclear’s chairman, He Yu, said the people, who asked not to be named as the deliberations are confidential. The Frank ...

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Nuclear waste dumps could power economy

Australia is being urged to have a mature debate about building a waste management hub for the world’s nuclear energy industry, according to a Deloitte report that identifies 19 under-recognised “growth pockets” that would boost growth by $150 billion. Deloitte Access Economics analyst Chris Richardson said nuclear power was among several ideas business should be considering as a way of tackling the end of ...

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Obama approves Vietnam nuclear deal

President Barack Obama Monday approved a civilian nuclear pact with Vietnam which could lead to the sale of US reactors to Washington's energy-hungry former war foe. US President Barack Obama speaks to the members of the National Governors Association in the State Dining Room at the White House in Washington, on February 24, 2014 The move by the president formally opened a 90-day review process in Congress. ...

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Japan plan to keep nuclear as important energy source

Japan unveiled its first draft energy policy since the Fukushima meltdown three years ago, saying nuclear power remains an important source of electricity for the country. The plan presented Tuesday to the Cabinet for approval in coming weeks, says Japan's nuclear energy dependency will be reduced as much as possible. But it says reactors that meet new safety standards set after the 2011 nuclear crisis shou ...

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Construction Of Vietnam’s First Nuclear Power Plant Postponed

Science and Technology Minister Nguyen Quan said construction of Vietnam's first nuclear power plant may not begin this year and could be delayed for another two to three years.   The delay is due to the development of additional safety measures for the plant planned in central Ninh Thuan province, Vietnam News Agency (VNA) reported.   Nguyen said that by the end of the year, Vietnam will evaluate ...

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