Today: 17.Oct.2017

Reuters: XIAMEN, China (Reuters) - Chinese President Xi Jinping urged BRICS nations to deepen coordination on global matters, and push for a more “just” world order, by boosting representation for emerging and developing countries in international bodies. “BRICS countries should push for a more just and reasonable international order,” Xi told a summit of the grouping, which includes Brazil, Russia, India, China and South Africa. “We should work together to address global challenges.”

Published in People - General

Steven Mufson, Washington Post: The long quest to revive America’s nuclear power industry suffered a crippling setback when two South Carolina utilities halted construction on a pair of reactors that were once expected to showcase a modern design for a new age of nuclear power built at the V.C. Summer Nuclear Station. The project has been plagued by billions of dollars of cost overuns, stagnant demand for electricity, competition from cheap natural gas plants ... ..., and the bankruptcy of Westinghouse Electric, the lead contractor and the designer of the AP1000 reactor that was supposed to be the foundation of a smarter, cheaper generation of nuclear power plants.

Published in Energy Today

Rosatom saw the value of its long-term portfolio of foreign orders "continue to grow" last year - by 20.9% to $133.4 billion. In a statement to accompany publication of its annual report for 2016, the Russian state nuclear corporation said this meant it had retained its "world-leading position" in terms of contracts to build nuclear units for overseas customers - 34 reactors in 12 countries at the end of last year. Russia, China, and South Korea are actively planning new nuclear business, domestic and foreign (Russia and South Korea). They are planning significant increased nuclear services and construction capabilities. The major suppliers in the United States and France have been struggling with new construction. And many countries are planning the construction of even far more coal fired plants.

Published in Energy Tomorrow

Bloomberg, Weixin Zha, Anna Shiryaevskaya: Not far from the Hanseatic town of Greifswald Chancellor Angela Merkel wants a $10 billion pipeline expansion built to increase the amount of Russian natural gas imported from Siberia, more than 3,000 kilometers (1,864 miles) away. The project, led by Russia’s state-run Gazprom PJSC, is intended to bolster German confidence that it has enough gas to underpin an unprecedented transition from the coal and nuclear plants, which are being closed, to a future dominated by renewable energy.

Published in Energy Tomorrow