Latest news with #nuclearplants
RNZ News
12-05-2025
- Business
- RNZ News
Vietnam, Russia agree to quickly sign nuclear power plant deal
Russia's President Vladimir Putin (L) shakes hands with the General Secretary of the Communist Party of Vietnam Tô Lâm in Moscow on 10 May 2025. File photo. Photo: Gavriil Grigorov / AFP Vietnam and Russia have agreed to quickly negotiate and sign agreements on building nuclear power plants in Vietnam, the two countries said in a joint statement. "The development of the plants with advanced technology will strictly be compliant with nuclear and radiation safety regulations and for the benefit of socio-economic development," they said in the statement, which was dated Sunday (local time) and followed a visit to Moscow by Vietnamese leader To Lam. The Southeast Asian nation has restarted plans to develop nuclear power plants that were suspended nearly a decade ago, as part of its efforts to ramp up its power generation capacity to support its fast-growing economy. The government has previously said it expected the first nuclear power plants with a combined capacity of up to 6.4 gigawatts to be online between 2030 and 2035. The government said earlier this year it would hold talks with foreign partners about nuclear power projects, including Russia, Japan, South Korea, France and the United States. Vietnam and Russia have also agreed to boost cooperation in oil and gas industries, including the provision of Russian crude oil and liquefied natural gas to Vietnam, according to the joint statement. It said Russia and Vietnam will also facilitate the expansion of their energy companies in each other's territories. - Reuters
Bloomberg
07-05-2025
- Business
- Bloomberg
Spain's Sanchez Tells ‘Ultra-Rich' Executives to Pay for Nuclear
Spain's high-earning electricity executives should pay the cost to keep nuclear plants running if they don't want to shut them down, Prime Minister Pedro Sanchez said, as he seeks to deflect criticism over a record power outage. One condition to review a plan to close nuclear power plants is that it's financially viable 'and not at a cost to taxpayers' pockets but at a cost to the pockets of the ultra-rich executives who run the energy companies that own nuclear plants,' Sanchez said Wednesday in Parliament, speaking about the outage for the first time since last week.
