Nuclear industry news
÷*New energy loans requested by president Obama.
This is ver important news become some of the money will go towards renewable energy technologies and some to nuclear energy.÷ This shows that environmental issues are very much on the agenda in the energy industries.
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*Iran nuclear dispute; Turkey explains beneficial deal.
A deal has been reached between Iran and Turkey over their Nuclear energy dispute.÷ The main overview of the deal is that Iran will transport its uranium over to Turkey.÷ The agreement has been reached in the hopes that it will end the large scale energy row.
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*Find out what advice there is for nuclear energy investors.
A website called MarketWatch has created a section on the their website that helps to inform nuclear energy investors.÷ MarketWatch is free to use and is a valuable tool for the financial industry and anyone who works within it.÷ Some of the highlights of the report include things like safety is a major concern for the public, the demand for energy in 2050 will be double what it is now and there will be an increase demand for uranium.
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*American Nuclear Power Company retires because of clean air act violations.
The American power company American Municipal Power is closing one of its plants as a result of a settlement with the US Justice Department.÷ They have also been forced to put $15 million aside for an environmental mitigation project as well as paying a hefty fine of $850,000 dollars.÷ This is good news because it makes an example of a company who was damaging the environment.÷ Other companies will see that they will be penalised if they violate the clean air act and realise that trying to get around it is not worth the risks.
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