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SEOUL, Aug. 10 (Yonhap) -- Officials from South Koreas and Swedens nuclear regulatory agencies met on Monday to discuss policy and regulatory issues related to high-level radioactive waste disposal and small modular reactors (SMRs). The South Korean Nuclear Safety Commission stated that the meeting in Seoul was part of cooperation between the two countries based on a memorandum of understanding signed in 2014. Sweden is one of the countries with advanced technology for high-level radioactive waste disposal and is the second country in the world, after Finland, to build such a deep geological disposal facility. South Koreas nuclear regulatory agency stated, "We plan to further enhance South Koreas regulatory capabilities for high-level radioactive waste disposal facilities through cooperation with Sweden."The president of the New York Stock Exchange is optimistic about the pipeline of listings in Asia and globally, and believes the global listing boom will continue until 2027.On August 10th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.1970%, and the lowest was 0.7060%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0280%, and the lowest was 0.9010%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0400%, and the lowest was 0.9010%.On August 10, the National Disaster Prevention, Reduction and Relief Commission and the Ministry of Emergency Management activated a Level IV national emergency response for disaster relief in response to the severe impact of Typhoon Dolphin (No. 13) on Zhejiang Province. A disaster relief working group was dispatched to the disaster area to assess the situation and guide and assist local authorities in disaster relief and assistance work, including disaster statistics and verification, resettlement and relief of affected people, and basic living security.According to Nikkei, Sony Group and TSMC (TSM.N) will invest 1 trillion yen in their Kumamoto plant.

In Colombia, natural gas consumption has outpaced production

Charlie Brooks

Jun 28, 2022 11:31


According to our most recent Colombia Country Analysis Brief, Colombia imported 14,2 billion cubic feet (Bcf) of natural gas to help meet its natural gas demand for electricity in 2020, when a drop in hydroelectric power was caused by drought.


In 2020, hydroelectricity will contribute to around 65% of Colombia's electrical generation, down from nearly 80% in earlier years. Since hydropower is Colombia's principal energy source, droughts may have a significant effect on the country's electrical producing mix.


The bulk of natural gas used in Colombia is produced domestically and employed to create electricity. In recent years, imports have progressively bridged the gap between domestic natural gas production and domestic demand. In 2020, Colombia produced 399 Bcf of dry natural gas, while domestic consumption was 413 Bcf.


Concerns over the reliability of the nation's electricity supply prompted the Colombian government to approve the Sociedad Portuaria El Cayao (SPEC) LNG import plant in November 2014. The facility started operations in November 2016. The administration has since proposed the Pacific Regasification LNG terminal as the nation's second LNG import plant.


EPM is currently developing the new hydroelectric dam project Ituango. The first of eight 300-megawatt generating units will commence operating in the second part of 2022. The whole project will have a capacity of 2.4 gigawatts when it is finished in 2025. If completed, the Ituango project would be the largest hydroelectric power plant in Colombia in terms of generating capacity. In 2020, the installed electrical production capacity of Colombia was 17 gigawatts.

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