Profits from Bulgaria's Kozloduy nuclear power plant are being redirected to provide subsidies of BGN110 (USD65) per MWh to industry. Nuclear profits sustain Bulgaria in gas crisis Zhangzhou unit 1, the first of two Hualong One units at the site, is scheduled to enter commercial operation in 2024. The inner safety dome was yesterday installed on the containment building of unit 1 of the Zhangzhou nuclear power plant in China's Fujian province, China National Nuclear Corporation has announced. Inner dome installed at first Zhangzhou Hualong One The announcement comes days after the government introduced legislation for funding future nuclear power stations in the UK. It said it is in "active negotiations" with EDF over the Sizewell C project in Suffolk. The UK government has announced up to GBP1.7 billion (USD2.3 billion) in funding for a large-scale nuclear power plant in its autumn budget and spending review.
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UK government earmarks funds for progressing nuclear project
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Of the scenarios considered by Réseau de Transport d'Electricité, the cheapest implies constructing 14 large new nuclear power reactors, plus a fleet of small modular reactors, as well as significantly investing in renewables. Net-zero easier and cheaper with nuclear, says French grid operatorįrance can achieve its net-zero emissions target by 2050 through energy efficiency and electrification that would lead to a 35% increase in electricity demand, the French grid operator has said in a new report.