Some of the stories outlined below have been published recently and give an insight into how the nuclear power industry is changing and what people are saying about these changes.
New energy loans requested by president Obama.
This is ver important news become some of the money will go towards renewable energy technologies and some to nuclear energy. This shows that environmental issues are very much on the agenda in the energy industries.
A deal has been reached between Iran and Turkey over their Nuclear energy dispute. The main overview of the deal is that Iran will transport its uranium over to Turkey. The agreement has been reached in the hopes that it will end the large scale energy row.
Find out what advice there is for nuclear energy investors.
A website called MarketWatch has created a section on the their website that helps to inform nuclear energy investors. MarketWatch is free to use and is a valuable tool for the financial industry and anyone who works within it. Some of the highlights of the report include things like safety is a major concern for the public, the demand for energy in 2050 will be double what it is now and there will be an increase demand for uranium.
American Nuclear Power Company retires because of clean air act violations.
The American power company American Municipal Power is closing one of its plants as a result of a settlement with the US Justice Department. They have also been forced to put $15 million aside for an environmental mitigation project as well as paying a hefty fine of $850,000 dollars. This is good news because it makes an example of a company who was damaging the environment. Other companies will see that they will be penalised if they violate the clean air act and realise that trying to get around it is not worth the risks.