• 5 minutes Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 11 minutes IEA Sees Global Oil Supply Tightening More Quickly In 2019
  • 14 minutes Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 5 hours Waste-to-Energy Chugging Along
  • 4 hours U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 12 hours Contradictory: Euro Zone Takes Step To Deeper Integration, Key Issues Unresolved
  • 7 hours Let's Just Block the Sun, Shall We?
  • 8 hours Venezuela continues to sink in misery
  • 1 hour Alberta govt to construct another WCS processing refinery
  • 4 hours Regular Gas dropped to $2.21 per gallon today
  • 22 hours Zohr Giant Gas Field Increases Production Six-Fold
  • 9 hours What will the future hold for nations dependent on high oil prices.
  • 21 hours No, The U.S. Is Not A Net Exporter Of Crude Oil
  • 17 hours UK Power and loss of power stations
  • 1 day USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 23 hours Global Economy-Bad Days Are coming
  • 18 hours EPA To Roll Back Carbon Rule On New Coal Plants
Russia Wary Of Long-Term Output Declines

Russia Wary Of Long-Term Output Declines

Russia has been producing more…

Oil Majors Cautious But Upbeat About 2019

Oil Majors Cautious But Upbeat About 2019

Oil majors ConocoPhilips and Hess…

UK Regulators Approve EDF Energy's New Nuclear Reactor Designs

The UK Office for Nuclear Regulation and the Environment Agency have just approved the designs for a new type of nuclear reactor which has been designed by the French engineering company Areva, and is favoured by EDF Energy.

The approval of the European Pressurized Reactor (EPR) could see its installation in multiple sites around Britain, starting with the two new plants that EDF already plan to build in the UK. It also gives the UK a boost in the race to secure tens of billions of pounds in nuclear investment, as it removes one more regulatory hurdle for energy utilities.

The British regulators released a statement which read that, “the Office for Nuclear Regulation and the Environment Agency are satisfied that this reactor, designed by EDF Energy and Areva, meets regulatory expectations on safety, security and environmental impact.”

Related Article: Clinton Shills for Westinghouse Nuclear Project in Czechoslovakia

EDF said that, “it has been demonstrated that the design is robust even when challenged by extreme events such as those seen following the Fukushima incident in 2011.”

The UK government is now negotiating with utilities to determine electricity prices that they can charge in order to make new projects, such as wind and nuclear, economically viable. The costs to build new nuclear power plants have increased since the Fukushima disaster in 2011 as tighter regulations and rules have been applied to the design process, raising concerns that the technology is now too expensive.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News