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After falling by about 1% in 2020 due to the impacts of the COVID-19 pandemic, global electricity demand will increase by 5% in 2021 and 4% in 2022, according to the International Energy Agency (IEA). However, almost half of this increase will be from fossil fuels - notably coal - threatening to push CO2 emissions from the power sector to record levels in 2022. Nuclear power generation is forecast to grow by around 1% in 2021 and by 2% in 2022.
- Source: World Nuclear News
- Date: Friday, 16 July 2021
- Original article: world-nuclear-news.org/Articles/Emissions-set-to-rise-with-growth-in-coal-use,-say
Construction of unit 5 of the Kudankulam nuclear power plant has formally begun with the pouring of first concrete for the foundation plate of the reactor building at the site in Tamil Nadu, India. It was launched today by Kamlesh Nilkanth Vyas, chairman of India's Atomic Energy Commission and secretary of the Department of Atomic Energy, in the presence of Rosatom Director General Alexey Likhachov and Satish Kumar Sharma, managing director of Nuclear Power Corporation of India Ltd (NPCIL), in a ceremony that had to be held via videoconference owing to COVID-19 restrictions.
- Source: World Nuclear News
- Date: Wednesday, 30 June 2021
- Original article: world-nuclear-news.org/Articles/Construction-begins-on-third-stage-of-Kudankulam
At its 28th Meeting on 16-17 June, the ITER Council convened via remote video conference to assess the latest progress reports and performance metrics of the ITER Project. The International Thermonuclear Experimental Reactor (ITER) under construction in Saint-Paul-lès-Durance in southern France is a first-of-a-kind global collaboration. Construction of ITER is funded mainly by the European Union (45.6%) with the remainder shared equally by China, India, Japan, Korea, Russia and the USA (9.1% each). However, in practice, the members deliver little monetary contribution to the project, instead providing ‘in-kind’ contributions of components, systems or buildings.
- Source: NEI Magazine
- Date: Wednesday, 23 June 2021
- Original article: neimagazine.com/news/newsiter-reports-on-progress-8840244
After a decade of design and fabrication, US-based General Atomics said on 15 June that it is ready to ship the first module of the Central Solenoid to the International Thermonuclear Experimental Reactor (ITER) under construction in Saint-Paul-lès-Durance in southern France. Despite the challenges of Covid-19, ITER is almost 75% built and massive first-of-a-kind components have been arriving in France from three continents over the past 15 months. Construction of ITER is funded mainly by the European Union (45.6%) with the remainder shared equally by China, India, Japan, Korea, Russia and the USA (9.1% each). However, in practice, the members deliver little monetary contribution to the project, instead providing ‘in-kind’ contributions of components, systems or buildings.
- Source: NEI Magazine
- Date: Wednesday, 16 June 2021
- Original article: neimagazine.com/news/newsgeneral-atomics-prepares-to-ship-first-module-of-iters-central-solenoid-8822680
Annual investment in clean energy in emerging and developing economies will need to increase sevenfold by 2030 if the world is to reach net-zero emissions by 2050, according to a new report from the International Energy Agency. Financing Clean Energy Transitions in Emerging and Developing Economies is a collaboration between the IEA, the World Bank and World Economic Forum.
- Source: World Nuclear News
- Date: Friday, 11 June 2021
- Original article: world-nuclear-news.org/Articles/Clean-energy-should-be-investment-priority-IEA
The International Energy Agency (IEA) World Energy Investment 2021 report, released on 1 June, global investment in energy is set to rebound by nearly 10% in 2021 to $1,900 billion reversing most of he adverse effects of the Covid-19 pandemic. However, spending on clean energy transitions are not sufficient to meet climate goals.
- Source: NEI Magazine
- Date: Friday, 04 June 2021
- Original article: neimagazine.com/news/newsiea-report-on-energy-investment-barely-mentions-nuclear-8788502
Canadian uranium producer Cameco is "bullish about the future" thanks to growing interest from around the world in nuclear energy as a reliable, sustainable and low-carbon source of electricity, President and CEO Tim Gitzel said today during the World Nuclear Fuel Cycle forum, which is being held this week by the US Nuclear Energy Institute and World Nuclear Association.
- Source: World Nuclear News
- Date: Wednesday, 14 April 2021
- Original article: world-nuclear-news.org/Articles/Cameco-buoyed-by-global-interest-in-nuclear
Energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit on 31 March to discuss how to work together to reduce global greenhouse gas emissions and meet the goals of the Paris Agreement. The Net Zero Summit, co-hosted by IEA Executive Director Fatih Birol and COP26 President Alok Sharma, brought together representatives of energy and climate ministries as well as participants from private companies, government institutions and NGOs.
- Source: NEI Magazine
- Date: Wednesday, 07 April 2021
- Original article: neimagazine.com/news/newsiea-lists-seven-principles-to-achieve-net-zero-8649950
China will have the world's largest nuclear power fleet within a decade, while most of the units in longstanding nuclear regions - Japan, the European Union and the USA - are facing the end of their original 40-year design lifetime, Brent Wanner, lead of World Energy Outlook Power Sector Modelling & Analysis at the International Energy Agency (IEA), said yesterday. Without policy support for the long-term operation of the existing fleet, this trend is certain to continue, he told delegates at the High-Level Workshop on Nuclear Power in Clean Energy Transitions, which the IEA held jointly with the International Atomic Energy Agency (IAEA).
- Source: World Nuclear News
- Date: Thursday, 04 March 2021
- Original article: world-nuclear-news.org/Articles/China-on-course-to-lead-in-nuclear-by-2030-says-IE
A recent 251-page report by the International Energy Agency (IEA) - India Energy Outlook 2021- focuses on renewables, gas, coal and bioenergy, with barely a mention of nuclear power outside the figures and tables.
- Source: NEI Magazine
- Date: Tuesday, 16 February 2021
- Original article: neimagazine.com/news/newsiea-report-on-india-sidelines-nuclear-8519849