POV: Power Breakfast

Power Breakfast for August 22, 2016

Nuclear reactors at a fraction of the size; Indian electricity demand growing


POV: Power Breakfast

A nearly daily update of energy-related news:

  • Still under development, small modular reactors (SMRs) are under consideration for use in the power industry. SMRs use nuclear technology that is scaled down and are able to produce approximately 10 percent of the electricity of traditional reactors. The “mini plants” are made of parts that are transportable on trucks and barges. Once at the site, they are assembled in around six to 12 months.
  • In India, NTPC Ltd., the country’s largest power producer saw a 4 percent increase in Q1 profit due to higher energy sales. NTPC’s plants produced 64.56 billion kWh of power, 10 percent more than a year ago. The country’s electricity demand also increased 8.1 percent within the three-month period. The company reported its earnings based on the newly introduced Indian Accounting Standards, which are in line with the International Financial Reporting Standards.
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