South Korea to sell reactor to Netherlands
NETHERLANDS - Leaders from South Korea and the Netherlands are meeting to discuss cooperation on nuclear energy and the export of reactors to the Netherlands.
The South Korean Ministry of Education, Science and Technology is meeting with leaders in the Netherlands to try and sell its research reactor technology, Yonhap news agency reports.
The officials are proposing a nuclear energy pact that could include collaboration in the production of radioactive isotopes and efforts by South Korea to focus on eco-friendly growth using nuclear energy to meet growing demand.
South Korea's ministry suggested research reactors have the potential to become a $7.4 billion to $18.5 billion market operating in 40 countries.
There are already 240 operational units around the world, but more than half are more than 30 years old and will need to be replaced in the next 16 years.
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Egypt's renewable energy to reach 6.6 GW by year-end
CAIRO - Egypt is planning to expand into renewable energy projects in a bid to increase its contribution to the energy mix, the country’s minister of electricity and renewable energy Mohamed Shaker said.
Renewable power is expected to add 6.6 gigawatts (GW) by the end of 2020, with plans to reach 8,200 megawatts (MW) after the completion of the renewable energy projects currently under consideration, Shaker added in a statement on Tuesday.
This came during the minister’s video-conference meeting with the British ambassador to Egypt Geoffrey Adams to explore the potential means for cooperation between the two countries in the electricity sector.
