Nuclear

The next three decades will be vital for the US energy sector. Decreasing reliance on fossil fuels, limiting emissions that cause global warming and lessening dependence of imported oil are all at the top of the Obama administration energy agenda. This graphic explores the various energy sources in the US, the leading companies and the most powerful policy makers. Read more

Amid large aftershocks and fears of nuclear contamination rocking eastern Japan on a daily basis, it was the last thing anyone in the country needed to hear on Tuesday: that the crisis at the crippled Fukushima nuclear power plant 240km northeast of Tokyo had been upgraded suddenly by two notches from five to seven – the highest level on the International Atomic Energy Agency scale – on par with the 1986 Chernobyl nuclear meltdown disaster. Read more

Kiran Stacey

How significant is it that Fukushima is now rated as a level seven nuclear accident, the top level, and on a par with Chernobyl? Read more

Kiran Stacey

Moody’s has been explaining why it downgraded Tepco’s credit rating in the wake of the Fukushima crisis. It’s hardly a decision that needs much justification: the problems have been as visible and arguably as damaging to the company’s reputation as the Gulf of Mexico spill was to BP. Read more

A strong earthquake of magnitude 7.1 shook the northeast of Japan late on Thursday, and a tsunami warning was issued for the coast already devastated by last month’s massive 9.0 quake and the tsunami that crippled a nuclear power plant.  Read more

Kiran Stacey

There has been a great deal of commentary in the last few weeks that the nuclear crisis at the Fukushima plant is not as bad as the Chernobyl meltdown.
We can only hope that prediction proves correct. But for the nuclear industry, say the analysts at UBS, the consequences are already even worse. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Ketih Parker, chief executive of the UK’s Nuclear Industry Association, answers your questions.
In this post, he discusses whether the events in Fukushima are a good advertisement for the industry, what are the full costs of nuclear power and what the industry’s view is of renewable power. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Ketih Parker, chief executive of the UK’s Nuclear Industry Association, answers your questions.
In the first of two posts, Keith answers your questions on what constitutes a nuclear meltdown, whether there is likely to be a public backlash against nuclear in the UK and how the industry should now change. Read more

FT Energy Source

In this week’s podcast: Fukushima update; Germany’s shifting stance on nuclear; Opec cashes in on rising oil prices; and, your comments on Energy Source. Read more