In the news: February 1996

ByRod Adams

AECL Signs Indonesian Agreement

(January 17, 1996) – Atomic Energy of Canada Ltd. (AECL) has signed a technical co-operation agreement with Badan Tenaga Atom Nasional (BATAN), Indonesia’s atomic energy agency. The agreement will help Indonesia become familiar with CANDU technology and thereby facilitate consideration of CANDU for adoption as the basis of Indonesia’s planned power program. That program forsees several nuclear power plants, each of which would be valued at up to $2 billion.

Taiwan Power Announces Coal Plans

(January 10, 1996) – Taiwan has announced plans to build three new coal-fired power plants to meet growing a demand for electricity. Electricity demand in Taiwan has been rising by 6% to 7% per year. Taiwan Power Corp., the state-owned power company, hopes to build the new plants in the next three years. The company expects some opposition to the plan from environmental lobbies that favor natural gas instead of coal.

Japan Atomic Power Continues Breeder Planning

(January 6, 1996) – Denying previous reports that Japan planned to freeze its fast-breeder program following last month’s accident at Monju reactor, the Japan Atomic Power Corp. spokesman said the company was still “working towards the goal” of starting construction on another breeder reactor by 2005.

China Reports Growing Nuclear Plans

(January 4, 1996) – China’s two nuclear power plants generated a total of 12.2billion kilowatt hours of electricity last year, Jiang Xinxiong,president of the China National Nuclear Corp (CNNC) said on Jan.4. Nuclear power accounted for about 1.2 percent of thecountry’s total electricity output in 1995. China plans to raise nuclear power’s share of its electrical fuels market to 6 percent by the year 2020.

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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