A Renaissance of Fossil Fuels: Consequences of Europe’s Energy Market Panic
... South Korea to restore some of its nuclear reactor production capacity. Japan has made progress in this regard during the Olympic Games, when the Kansai nuclear power plant helped cover additional electricity needs. Japan’s reluctance to buy expensive LNG shipments on the spot market is one of the reasons why the country already has nine nuclear reactors operating. Coal: Old but Gold The reinstallation of unused nuclear facilities was shadowed by the revival of old coal-fired power plants. The UK, seeking to shut down all coal-fired power plants by 2024, was forced to restart some of its generating capacity. Less ...