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Utilities Nuclear Energy

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • VERNON, Vt.— Two Native American tribes want a say in the cleanup of the closed Vermont Yankee nuclear power plant and the future use of the land, which was once the site of settlements and fishing and burial grounds for the groups' ancestors. Last month, the Elnu Abenaki tribe, based in southern Vermont, filed testimony with the Public Utilities Commission.

  • President Donald Trump speaks during his meeting with French President Emmanuel Macron in New York, September 18, 2017.

    President Donald Trump won't reveal yet whether he plans to "decertify" the Iran nuclear deal. But doing so could backfire against the US.

  • FRANKFURT/ HELSINKI, Sept 20- Finnish power company Fortum is in advanced talks to buy for 3.8 billion euros German utility E.ON' s remaining stake in Uniper, the power stations and trading business it spun off last year. State-controlled Fortum is focused on carbon-free power generation, mainly in the Nordic region and Russia, and has been looking for a deal since...

  • But a surge in domestic natural gas production, billions of dollars in cost overruns on new projects, Japan's Fukushima accident in 2011, and multiple plant closures have the industry on its heels again. The U.S. Department of Energy expects nuclear's percentage of the power mix to drop to 11 percent by 2050 from the current 20 percent, and many reactors to close.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • A composite image of Kim Jong Un after President Trump labeled him 'Rocket Man', after Elton John's famous song.

    Kim Jong Un's weapon of choice may be nuclear weapons. Donald Trump's is ridicule — and it works — says Jake Novak.

  • Sept 19- French nuclear regulator ASN said on Tuesday more than 600 "anomalies" had been found in a review of 12 EDF reactors and ordered the utility to add molded components to ongoing inspections of parts made at the Creusot Forge. Some 1,600 Creusot components are installed across EDF's fleet of 58 nuclear reactors in France. EDF is aware of the ASN's new...

  • PARIS, Sept 19- EDF's head of new nuclear, Xavier Ursat, said the company is in talks with several countries about selling nuclear power plants, including China, India, South Africa and Saudi Arabia. "India is one of the countries most suited to build new nuclear," Ursat said, adding that the country's strong industrial and academic environment underpinned new...

  • Leigh Curyer, CEO, NexGen Energy, says China is all-in on nuclear energy to fuel its plans for electric cars and reduce the country's carbon footprint.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • VIENNA, Sept 18- Saudi Arabia said on Monday it was still undertaking feasibility studies before deciding how and where to build its first nuclear power stations. Industry sources said last week that Saudi Arabia was expected to launch a tendering process for its first nuclear reactors as early as next month and would contact potential vendors from a number of...

  • Santee Cooper CEO Lonnie Carter questioned whether it makes sense to sell parts off for a portion of what they're worth, to reduce debt now, only to have to buy them at full cost later. The state-owned utility and private South Carolina Electric& Gas abandoned construction of two new reactors at V.C. Summer Nuclear Station on July 31 after jointly spending nearly...

  • North Korean leader Kim Jong Un reacts during a celebration for nuclear scientists and engineers who contributed to a hydrogen bomb test, in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang on September 10, 2017.

    North Korea will be high on the agenda at the U.N. General Assembly meeting, where Trump is set to address the world body he has called weak.

  • PARIS, Sept 15- France could face a second winter of tight power supply as nuclear reactors undergo a review of hundreds of components and increased scrutiny demanded by the country's watchdog. France, a net power exporter in Europe, which relies on its 58 nuclear reactors for 75 percent of its electricity needs, had to import heavily from neighbours last winter...

  • LONDON, Sept 15- South Africa could restart a procurement process for its nuclear expansion project as soon as next month but the government still has to determine the exact timing, the chairman of South Africa's state nuclear agency Necsa said on Friday. South Africa is planning to build several new nuclear reactors with a combined capacity of 9,600 megawatts,...

  • *Talks continue on India nuclear projects. Cost overruns at four nuclear reactors it was building in the United States pushed Westinghouse, a unit of Japan's Toshiba Corp, into bankruptcy in March. "We are working with Southern to be sure that we can meet the new deadline that Southern has established," Gutierrez said on the sidelines of the World Nuclear...

  • COLUMBIA, S.C.— For at least two years before a South Carolina nuclear power construction project was abandoned, its owners had a report that they intended to keep secret showing the reactors couldn't be completed as planned, an attorney for a legislative panel investigating the debacle said Friday. "The report is very, very troubling," said Scott Elliott, hired by...

  • US Secretary of State Rex Tillerson speaks at a press conference following a meeting on September 14, 2017 in London, England.

    China opposes North Korea's nuclear weapons development, but wants the U.S. to restart long-stalled negotiations with North Korea.

  • PARIS, Sept 14- Toshiba-owned nuclear reactor maker Westinghouse expects to make progress soon in its plans to build a nuclear plant in Turkey, it said on Thursday. Westinghouse in 2014 signed an agreement with China's State Nuclear Power Technology Corporation and Electricity Generation Company, the largest electric power company in Turkey, to build a...