March 12 NEC Energy News
¶ “CNNC Announces Largest Ever Annual Investment Plan On Nuclear Power, New Energy” • China National Nuclear Power Co recently unveiled its 2023 investment blueprint, worth of 80.02 billion yuan ($11.58 billion), which is a near 60% of year-on-year increase, also marking the highest annual investment since it was listed on the stock market. [Global Times]
¶ “Safety Costs At Nuclear Plants In Japan Exceed ¥6 Trillion” • Costs for safety measures necessary to restart Japan’s idle nuclear reactors following the 2011 Fukushima nuclear disaster ballooned to over ¥6.09 trillion ($45.11 billiion) in January, according to 11 major power companies in the country. And some companies have not included anti-terrorism costs. [Japan Today]
¶ “French Nuclear Revival Hits Trouble As New Reactor Defects Found” • France’s troubled nuclear industry is supposed to be in revival, but more defects were found at reactors, stoking fears of another difficult year. EDF SA’s fleet of 56 atomic power plants has long been the backbone of Europe’s energy system, but in 2022 it was more of a millstone. [Yahoo Finance]
¶ “The Growing Impact of Attribution Science in Climate Science” • Attribution science studys how climate change relates to natural weather patterns and variability. It can help us learn the connections between extreme weather and climate change, providing insight into what emissions are driving the worst impacts, and helping shape solutions. [CleanTechnica]
¶ “Cyclone Freddy: Winds And Rain Lash Mozambique As Storm Arrives” • Mozambique is being hit by Cyclone Freddy again, as it makes its second landfall this month. It was formed 34 days ago and may become the longest-lasting storm on record. Experts says climate change is making tropical storms around the world wetter, windier, and more intense. [BBC]
¶ “Ford F-150 Lightning Production To Resume; Morgan Stanley Pooh-Poohs Tesla Cybertruck” • After a Ford F-150 Lightning parked in a company holding lot caught fire, Ford immediately halted production and stopped shipments until the cause of the fire was identified. The company now says it has found the issue and will resume production. [CleanTechnica]
¶ “Texas Senators Unveil Bills To Boost Power Grid Reliability, Foster Natural Gas Production” • Lt Gov Dan Patrick and a bipartisan group of Texas senators shared details of a nine-bill plan to reform Texas’ power grid. The bills would establish loans to maintain natural gas and coal plants while eliminating a state subsidy for renewable energy. [Community Impact]
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