The restart of Japan's nuclear power reactors is "critical" to the success of the country's energy policy, according to the International Energy Agency (IEA). However, it says nuclear power can only be restored provided that the highest safety standards can be met and public trust regained. world-nuclear-news.org With partisan politics casting a shadow over the process, India is reportedly negotiating with the U.S. government's Export-Import Bank for a loan of up to $9 billion in order to help finance a six-unit nuclear build that involves Westinghouse Electric's AP1000 technology. nulearstreet.com The House Ways and Means Committee voted Wednesday to remove a key deadline for a nuclear power plant tax credit. The legislation from Reps. Tom Rice (R-S.C.) and Earl Blumenauer (D-Ore.) would remove the requirement that newly-built nuclear power plants be in service by 2020 in order to receive a tax credit for producing power. thehill.com SNC-Lavalin Group Inc. has struck an agreement in principle for a joint venture with two major Chinese companies to build a new generation of nuclear reactors. Montreal-based SNC said on Thursday it will join forces with state-owned atomic power and weapons company China National Nuclear Corp. and manufacturing giant Shanghai Electric Group Co. Ltd. to design, market and build the Advanced Fuel Candu reactor (AFCR). theglobeandmail.com
