June 14 NEC Energy News
¶ “Finland’s Plan To Bury Spent Nuclear Fuel For 100,000 Years” • The Onkalo geological disposal facility for spent nuclear fuel is nearing completion. It cost €1 billion (£860 million, $1.07 billion) to build and is expected to begin operations in about two years. Its arrival has been hailed as a game changer by many, including the International Atomic Energy Agency. [BBC]
¶ “Electricity Imports Surpass Nuclear Power In The UK” • Electricity imports in the UK have overtaken nuclear power generation as the country experiences a decline in nuclear output to its lowest level in 40 years. The findings come from the Q1 edition of the Electric Insights report, compiled by Imperial College London. [Energy Live News]
¶ “US Energy Department Launches Plan To Relocate Spent Nuclear Fuel” • The prospect of removing spent nuclear fuel stored at the decommissioning San Onofre Nuclear Generating Station came one step closer to being realized after the US DOE initiated a plan to find temporary repositories while a permanent site is completed. [The Coast News]
¶ “Form Energy To Supply 15-MW, 1500-MWh Battery To Georgia Power” • Form Energy announced that it is moving forward with its agreement with Georgia Power, a subsidiary of Southern Company, to deploy a 15-MW, 1500 MWh iron-air battery system. The battery system is expected to come online as early as 2026. [CleanTechnica]
¶ “IEA: Renewable Energy Growth Projected To Reach Up To $1.7 Trillion In 2023” • Aside from mitigating the effects of climate change, the IEA said countries that invest in renewable energy will see economic benefits. IEA Deputy Executive Director Mary Warlick said annual growth in renewable energy is expected to reach up to $1.7 trillion this year. [ABS-CBN News]
¶ “China Offers To Donate 66 GW Of Solar And Wind Power Equipment To South Africa” • The Chinese government has offered to donate to South Africa solar PV panels and generators that can be installed at public institutions to prevent power disruptions, according to Chen Xiaodong, China’s ambassador to South Africa. [The Mail & Guardian]
¶ “Historic Moment In Australia’s Energy Transition: Hazelwood Battery Energy Storage System Is Commissioned” • Marking a new era in Australia’s energy transition, Hazelwood is the first retired coal-fired power station in the country to host battery storage. It is a key moment in repurposing former thermal assets for renewable technologies. [Yahoo Finance]
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