Aukus Shakes Up World Order

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

The US pivot to Asia has been long in the making. But its arrival has caused shock waves. Last week’s China-focused Australia-UK-US (Aukus) security pact to supply nuclear-powered submarines to Australia jolted Europe — in particular France, which saw its own $66 billion submarine contract with Australia fall apart. The move tore up assumptions about the primacy of the trans-Atlantic alliance. That alliance and other post-World War II institutions are being challenged by new structures emerging in the era of extreme US competition with China.

Nuclear Policy
More than half the French nuclear fleet is off line; the US DOE extends the deadline for operators of "uneconomic" reactors to apply for support; Japan's regulator approves contaminated water discharge into the Pacific.
Fri, May 20, 2022
A windfall tax on electricity generation and North Sea oil and gas could hurt the UK government's green energy plans.
Tue, May 24, 2022
Rosatom hits back at Fennovoima; TVA plans to apply for SMR later this year or early next; mixed signals on Iran talks.
Fri, May 13, 2022