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Birol told an International Atomic Energy Agency (IAEA) discussion on nuclear power: “I don’t give them a passing grade.”
“Countries that were saying goodbye to nuclear power, they are rethinking their plans,” Birol said, adding that the IEA had been engaged in talks with both Belgium and Germany.
“We are very happy that both governments are now in the process of postponing their nuclear phaseout plans, understanding the role that nuclear plays in addressing this energy security challenge,” he said.
In addition, another group of countries is now considering extending the lifetime of their existing nuclear power reactors to respond to this challenge, which is one of the cheapest forms of low carbon power, Birol said. Still another group of countries are rolling out plans to build new reactors, including seemingly “surprising” ones such as the Netherlands and Poland as well as Japan and South Korea.
- Source: Nucnet
- Date: Friday, 11 November 2022
- Original article: nucnet.org/news/nuclear-making-strong-comeback-but-financial-community-has-failed-to-provide-level-playing-field-11-4-2022
The Group of Seven (G7) countries will lead a technology-driven transition to net zero, according to a joint statement at the end of their three-day summit in Cornwall, England. The G7 is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the UK and the USA. As host of the first in-person G7 Summit in almost two years, British Prime Minister Boris Johnson asked the other leaders "to seize the opportunity to fight and build back better from coronavirus, uniting to make the future fairer, greener and more prosperous".
- Source: World Nuclear News
- Date: Tuesday, 15 June 2021
- Original article: world-nuclear-news.org/Articles/Carbis-Bay-summit-highlights-technology-driven-cle
Global electricity demand is set to decline 2% in 2020 due to the COVID-19 pandemic, according to the International Energy Agency's (IEA's) first ever Electricity Market Report, which was published today. Nuclear power generation is set to fall by about 4% this year, it says. Global electricity demand is forecast to grow by around 3% next year.
- Source: World Nuclear News
- Date: Tuesday, 15 December 2020
- Original article: world-nuclear-news.org/Articles/IEA-charts-COVID-s-impact-on-electricity-market
The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.
The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.
However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.
According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.
- Source: Nucnet
- Date: Friday, 17 January 2020
- Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020
Innovation has always been at the heart of the nuclear power industry and its future depends on this commitment to technological advancement in both large and small reactor designs. This was the message of the International Framework for Nuclear Energy Cooperation (IFNEC) General Ministerial Conference held in Washington DC last week.
- Source: World Nuclear News
- Date: Tuesday, 19 November 2019
- Original article: world-nuclear-news.org/Articles/Conference-Advancing-the-rebirth-of-nuclear-power
As a result of higher energy consumption, CO2 emissions rose 1.7% last year and hit a new record, according to the latest data from the International Energy Agency (IEA). The Paris-based agency’s Global Energy & CO2 Status Report, released today, shows that the global energy system emitted 33 billion tonnes of CO2 in 2018.
- Source: World Nuclear News
- Date: Tuesday, 26 March 2019
- Original article: world-nuclear-news.org/Articles/IEA-demands-increase-in-clean-energy-as-emissions