Earthquake

Kiran Stacey

Wednesday has been an important day for the nuclear industry, especially in the UK. Read more

Kiran Stacey

The news last week that the Japanese government was close to agreeing a bailout plan for Tepco, the electricity company that owns the Fukushima nuclear plant, should have come as a relief for the company and its debt holders. Read more

Given the scale of the original reaction to troubles at Japan’s Fukushima-Daiichi nuclear plant, it’s interesting to see the degree to which uranium ore prices have stabilised since March. Especially since the crisis itself is doing anything but. 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