Tag "nuclear"

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Global solar capacity set to surpass nuclear for the first time

The global solar market has been downgraded for 2017. A worrying sign? Hardly. Even with a 4-gigawatt downward adjustment in projected installations, it’s still going to be a record-breaking year for new solar capacity additions — yet again. The 81

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More than half of America’s nuclear reactors are losing money

More than half of America’s nuclear reactors are bleeding cash, racking up losses totaling about $2.9 billion a year, based on a Bloomberg New Energy Finance analysis. Nuclear power plants are getting paid $20 to $30 a megawatt-hour for their

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Three Mile Island nuke plant closure strengthens call for renewable energy future

The announcement that the Three Mile Island Unit One nuclear plant will close unless it gets massive subsidies has vastly strengthened the case for a totally renewable energy future. That future is rising in Buffalo, and comes in the form

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Hinkley Point C is £1.5bn over budget and a year behind schedule

The UK’s first nuclear power station for more than two decades is at least £1.5bn over budget and could be completed 15 months behind schedule, its developer has admitted. French state-owned EDF said the cost overrun for two new reactors

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UK offshore wind ‘will lower energy bills’ more than nuclear

Speaking to the the Guardian, Hugh McNeal, the chief executive of trade body RenewableUK, said he expected that offshore windfarms would secure a deal with the government lower than the £92.50 per megawatt hour agreed with EDF for £18bn Hinkley

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Nuclear industry in crisis

One of the most significant nuclear industry developments of 2016 was the revelation that nuclear giant Toshiba faces multi-billion dollar losses and write-downs and may rule itself out of future nuclear construction bids around the world. Toshiba was only just

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UK approves Edf’s £18 billion Hinkley Point nuclear project

The U.K. government has approved Electricite de France SA’s controversial plan to build two nuclear reactors for 18 billion pounds ($24 billion) in southwest England. Hinkley Point C will proceed under the condition that EDF – which has a Chinese

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Renewable energy explained in 2.5 minutes

This is an unofficial explainer video I created for a college project. I decided to gear it toward TheSolutionsProject.org. The assets went from Adobe Illustrator to After Effects. This animation explains the different types of energy such as, fossil fuels,

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Offshore wind could replace Hinkley in UK at same cost

Britain could scrap the 18 billion-pound ($23 billion) nuclear power plant at Hinkley Point and get the same amount of electricity from offshore wind turbines for roughly the same investment. That’s the assessment of Bloomberg New Energy Finance (Bnef) following

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Why it’s time to dispel the myths about nuclear power

This year marks the fifth anniversary of the Fukushima disaster, and the 30th anniversary of the Chernobyl incident. Together, these constitute the two greatest nuclear accidents the world has ever seen. Even now, widespread confusion over these disasters still blights

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