Latest News

Filters

Filter by tags: South Korea Switzerland International Energy Agency Clear all tag filters

5 news articles found


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.

Date: Tuesday, 15 December 2020
Original article: world-nuclear-news.org/Articles/IEA-charts-COVID-s-impact-on-electricity-market

Agency 2019 data shows coal still strong in Asia, but on retreat in advanced economies IEA director Fatih Birol speaking at the IEA Ministerial Meeting; Paris, November 2017. Photo courtesy Andrew Wheeler/IEA. Newly released data by the International Energy Agency (IEA) has shown that global CO2 emissions from energy generation flattened in 2019 at about 33 gigatonnes (Gt) mainly thanks to gains in advanced economies* because of the expanding role of renewable sources, a fuel transition from coal to natural gas, and higher nuclear power output.

The IEA said CO2 emissions remained unchanged from their 2018 levels, although the global economy expanded by 2.9%. The data shows that emissions remained largely stable between 2013 and 2016 and then experienced two years of consecutive growth in 2017 and 2018. An IEA chart showing CO2 emissions since 1990 (orange for advanced economies, yellow of rest of the world). Image courtesy IEA.

According to the IEA, increased nuclear power generation in advanced economies, particularly in Japan and South Korea, avoided the release of over 50 megatonnes (Mt) of CO2 in 2019.

Date: Thursday, 13 February 2020
Original article: nucnet.org/news/iea-report-says-global-co2-emissions-remained-stable-in-2019-2-3-2020

New-build projects are making progress, but governments are still struggling with finding the right financing package for large reactors The delayed Flamanville-3 is one of three EPR units under construction in Europe. The others are at Olkiluoto in Finland and Hinkley Point in the UK. Photo courtesy EDF. Western Europe

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.

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.

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.

Date: Tuesday, 26 March 2019
Original article: world-nuclear-news.org/Articles/IEA-demands-increase-in-clean-energy-as-emissions