The world’s biggest nuclear plant could be Canadian: Canada’s private nuclear generator Bruce Power plans to expand an existing nuclear plant in a bid to build the world’s largest nuclear facility to meet a rise in demand for clean energy, Bloomberg reported last week. It will conduct an environmental assessment to add c. 4.8 GW of capacity at its current facility in Ontario. Its eight reactors currently have a capacity of 6.2 GW and supply 30% of the province’s energy. The expansion of the facility would make the project larger than Japan’s Kashiwazaki-Kariwa plant, which is currently the biggest globally with seven reactors and over 8 GW of capacity.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- India may outline mandates for green hydrogen use by industries after consultations, according to its renewable energy secretary Bhupinder Singh Bhalla. (Reuters)
- Deforestation in Brazil’s Amazon dropped to its lowest level in four years with a 34% decline in the first half of 2023, according to preliminary data. (Reuters)
- US-based Duke Energy will sell its commercial decentralized energy generation business to US investment firm ArcLight to finance incorporating 30 GW of green energy across its operations. (Reuters)
- Denmark’s largest labor market pension fund PensionDanmark will invest up to DKK 7 bn (c. USD 1 bn) in the Port of Esbjerg’s green transition. (Statement)