GE, Abu Dhabi fund strike global partnership
GE and Mubadala Development Co. plan to each allocate $4-billion (US) in equity to the commercial finance venture over three years.
Mubadala is a sovereign fund based in Abu Dhabi, the capital of the United Arab Emirates.
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Modular nuclear reactors a 'long shot' worth studying, says Yukon gov't
WHITEHORSE - The Yukon government is looking for ways to reduce the territory's emissions, and wondering if nuclear power is one way to go.
The territory is undertaking a feasibility study, to determine whether there's a future for SMRs — small modular reactors — as a low-emissions alternative to things such as diesel power.
The idea, said John Streicker, Yukon's minister of energy, mines and resources, is to bring the SMRs into the Yukon to generate electricity.
"Even the micro ones, you could consider in our remote communities or wherever you've got a point load of energy demand," Streicker said. "Especially electricity demand."
SMRs…
