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The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies which treated it as peripheral. In its press release on the new report, IEA says the increase in electricity generation from renewables and nuclear "appears to be pushing the power sector's emissions into structural decline". Over the next three years, low-emissions generation is set to rise at twice the annual growth rate between 2018 and 2023. Global emissions from electricity generation are expected to decrease by 2.4% in 2024, followed by smaller declines in 2025 and 2026.
- Source: NEI Magazine
- Date: Friday, 26 January 2024
- Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539
The Roadmaps to New Nuclear conference, organised by the French Ministry for Energy Transition and the OECD’s Nuclear Energy Agency (NEA) in Paris, resulted in two communiques signed by energy ministers and industry representatives emphasising the need for nuclear energy.
- Source: NEI Magazine
- Date: Tuesday, 03 October 2023
- Original article: neimagazine.com/news/newsfrance-and-nea-host-conference-to-promote-nuclear-energy-11186484
Members of the International Nuclear Regulators' Association (INRA) say they are committed to proactively collaborate on generic reactor design assessments and licensing and to support national regulatory reviews on small modular reactors (SMRs). INRA, established ion 1997, is a collective of the heads of the nuclear regulatory authorities from Canada, France, Germany, Japan, South Korea, Spain, Sweden, the UK and the USA. Its stated goal is to share knowledge and provide support to enhance nuclear safety, security and radiological protection.
- Source: NEI Magazine
- Date: Wednesday, 31 May 2023
- Original article: neimagazine.com/news/newsnuclear-regulators-to-collaborate-on-smrs-10898002
The Federation of Korean Industries (FKI) has released a report recommending that South Korea and the US should strengthen cooperation in the nuclear power export market, which is currently dominated by Russia and China. This should include building a supply chain together.
- Source: NEI Magazine
- Date: Saturday, 13 May 2023
- Original article: neimagazine.com/news/newsfederation-of-korean-industries-calls-for-korea-us-smr-alliance-10842422
During a Nuclear Energy Forum, held in Sapporo, Japan, alongside the meeting of G7 ministers on climate, energy and environment, a declaration was issued by nuclear trade associations emphasising the importance of nuclear energy for transition a clean and sustainable energy future. Signatories included the World Nuclear Association (WNA), the Canadian Nuclear Association (CNA), Japan Atomic Industrial Forum (JAIF), nucleareurope, the US Nuclear Energy Institute (NEI) and the UK's Nuclear Industry Association (NIA).
- Source: NEI Magazine
- Date: Thursday, 20 April 2023
- Original article: neimagazine.com/news/newsnuclear-industry-calls-on-g7-to-support-development-10770197
The USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear clean energy programme, supporting Indonesia’s interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals. Coordinating Minister for Economic Affairs Airlangga Hartarto, US Ambassador to Indonesia Sung Y Kim, US Department of State Principal Deputy Assistant Secretary Ann Ganzer and the US Trade and Development Agency (USTDA) announced the Memorandum of Agreement during the Indo-Pacific Business Dialogue in Bali.
- Source: NEI Magazine
- Date: Thursday, 23 March 2023
- Original article: neimagazine.com/news/newsunited-states-and-indonesia-announce-partnership-on-smrs-10694620
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
Given the EU's legally binding 2050 comprehensive decarbonisation policy with adequate CO2 pricing, the closure of many large nuclear power plants in Belgium and Germany, and an EU-wide coal power phase out by 2030-2050 and the inability of intermittent renewable energy to supply the scale and quality of energy needed for continent-scale decarbonisation, there is a strong business case to deploy small modular reactors (SMRs) in the EU by 2040, writes Kalev Kallemets, co-founder and CEO of Fermi Energia.
- Source: World Nuclear News
- Date: Friday, 08 October 2021
- Original article: world-nuclear-news.org/Articles/Viewpoint-Energy-crisis-demands-quickly-scalable-S
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.
- Source: World Nuclear News
- Date: Friday, 15 January 2021
- Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says
Ultra Safe Nuclear Corporation (USNC) of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering (HEC) and the Korea Atomic Energy Research Institute (KAERI). The five-year agreement outlines goals for development of technologies that enhance the ability of the USNC Micro Modular Reactor (MMR) to produce and deliver carbon-free power, heat and hydrogen.
- Source: World Nuclear News
- Date: Thursday, 30 July 2020
- Original article: world-nuclear-news.org/Articles/USNC-enlists-Korean-expertise-to-develop-MMR-syste