Alaskan town opts for “pocket reactor”
Japanese manufacturer Toshiba has told the town it will install its new 4S (super-safe, small and simple) reactor free of charge by 2012. The unit, which would be buried about 30 metres underground, would only have to be refuelled about every 30 years.
Interest in pocket nuclear plants is growing among developing countries and island nations, advocates say. Unlike solar and wind power, the plants would generate power 24/7 and at a fraction of the cost of a diesel generator, they say.
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India's electricity demand falls at the fastest pace in at least 12 years
DELHI - India's power demand fell at the fastest pace in at least 12 years in October, signalling a continued decline in the industrial output, according to government data. Electricity has about 8% weighting in the country's index for industrial production.
India needs electricity to fuel its expanding economy but a third decline in power consumption in as many months points to tapering industrial activity in a nation that aims to become a $5 trillion economy by 2024.
India's industrial output fell at the fastest pace in over six years in September, adding to a series of weak indicators that suggests that…
