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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
Ukrainian nuclear utility Energoatom says it has begun transporting used nuclear fuel from its operating reactors to the newly built and commissioned Holtec-engineered Central Spent Fuel Storage Facility (CSFSF) known as a Consolidated Interim Storage (CIS) Facility in the US. The CSFSF is expected to save approximately $200m a year compared with the previous practice of transporting used fuel to Russia for reprocessing. “Today, Ukraine is entirely self-sufficient in the strategically crucial area of storage and management of the used nuclear fuel discharged by its reactors eliminating a critical constraint in the continued generation of electricity by the nation’s nine reactors,” Energoatom noted.
- Source: NEI Magazine
- Date: Wednesday, 03 January 2024
- Original article: neimagazine.com/news/newsoperations-begin-at-ukraines-used-fuel-dry-storage-facility-11406011
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023
An Integrated Regulatory Review Service (IRRS) team from the International Atomic Energy Agency (IAEA) has concluded a 13-day mission to Argentina. The IRRS team reviewed all regulatory functions and responsibilities of the Nuclear Regulatory Authority (ARN) against international safety standards and concluded that the regulator had demonstrated a long-standing commitment to enhancing and promoting nuclear safety. The team also recommended areas where improvements can be made. The mission was conducted at the request of the Government of Argentina and hosted by ARN.
- Source: NEI Magazine
- Date: Friday, 16 September 2022
- Original article: neimagazine.com/news/newsiaea-mission-reviews-nuclear-regulation-in-argentina-10009986
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