Belgium should reconsider its nuclear energy phase-out policy, the International Energy Agency (IEA) has suggested following a review of the country's overall energy policy. Belgium should adopt a national long-term energy strategy "without delay" in order to decarbonize the economy while ensuring security of supply and affordability of energy, it said. world-nuclear-news.org The UK's Horizon Nuclear Power has today appointed a joint venture responsible for construction of its Wylfa Newydd plant. The newly created company, Menter Newydd, is a joint venture of Hitachi Nuclear Energy Europe, Bechtel Management Company and JGC Corporation (UK). world-nuclear-news.org Egypt and Russia have taken a financial step forward in development of a four-reactor nuclear power plant in Dabaa, Egypt, announcing that Russia had granted Egypt a $25 billion loan that is to cover 85 percent of the construction cost of the advanced facility. nuclearstreet.com Some 15 to 20 nuclear power units in the US are "at risk" of being shut over the next five to 10 years due to economic challenges such as low power prices, competition from natural gas-fired generation and subsidized renewables, a nuclear industry official said Thursday. platts.com
