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"A new clean energy economy is emerging - and emerging much faster than many realise," International Energy Agency (IEA) Executive Director Fatih Birol said at the launch of the agency's eighth World Energy Investment report.
- Source: NEI Magazine
- Date: Wednesday, 31 May 2023
- Original article: neimagazine.com/news/newsiea-report-on-clean-energy-investments-says-little-about-nuclear-10897991
Nearly two-thirds of the USD2.8 trillion set to be invested globally in energy this year is expected to go to clean technologies including nuclear - but the impressive increase in clean energy investments is concentrated in a handful of countries, according to a newly released report from the International Energy Agency (IEA).
- Source: World Nuclear News
- Date: Saturday, 27 May 2023
- Original article: world-nuclear-news.org/Articles/Clean-energy-investments-increasing-fast-IEA
In a manifesto outlining the need for nuclear, the Madrid-based group said the EU forecasts that electricity demand will double from now to 2050 and no single source of energy will be able to cover all needs.
“It is essential to have a balanced energy basket based on low-carbon sources that guarantee a stable, economic, safe and sustainable supply,” Foro Nuclear said, adding that Spain’s fleet of seven nuclear plants, which provide around 20% of the country’s electricity, operate safely, reliably and efficiently.
The growth in renewable installed capacity and development of storage technologies by 2030 foreseen in Spain’s national energy and climate plan – which is due to be reviewed this year – are “far from being fulfilled”, Foro Nuclear said.
- Source: Nucnet
- Date: Tuesday, 14 March 2023
- Original article: nucnet.org/news/nuclear-plants-should-operate-for-20-more-years-says-industry-group-3-1-2023
The Spanish Nuclear Society (Sociedad Nuclear Española, SNE) has published a manifesto setting out the strategic importance of the country's nuclear power plants - and warned that there will be no turning back if current closure plans are allowed to go ahead.
- Source: World Nuclear News
- Date: Saturday, 11 March 2023
- Original article: world-nuclear-news.org/Articles/Nuclear-plants-vital-for-Spain,-manifesto-says
Renewables together with nuclear power are expected to meet the vast majority of the increase in global electricity demand over the next three years, making significant rises in the power sector's carbon emissions unlikely, according to a new International Energy Agency (IEA) report.
- Source: World Nuclear News
- Date: Friday, 10 February 2023
- Original article: world-nuclear-news.org/Articles/IEA-highlights-nuclear-s-key-role-in-coming-years
According to Foro Nuclear, Spain’s nuclear fleet has about 7,100 MW of installed capacity, or 6.02% of the total, but regularly generates 20% of the nation’s electricity.
In 2022, Spanish nuclear power plants produced 55.9 TWh (net), a 3.6% increase on 2021. Nuclear plants operated for 90% of the hours in the year – a larger number than any other form of power generation.
The Spanish government’s energy and climate plan specifies that installed nuclear capacity will remain at current levels of about 7,100 MW until at least 2025, but will be reduced to just over 3,000 MW from 2030 onwards.
- Source: Nucnet
- Date: Thursday, 19 January 2023
- Original article: nucnet.org/news/nuclear-continues-as-backbone-of-power-generation-1-3-2023
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
Opening the International Atomic Energy Agency’s (IAEA’s) Atoms4Climate pavilion at United Nations climate change conference, COP27, in Sharm El-Sheikh, Egypt, IAEA Director General Rafael Mariano Grossi said nuclear science and technology are part of the solution to both mitigating greenhouse gas emissions and adapting to climate change impacts.
- Source: NEI Magazine
- Date: Tuesday, 15 November 2022
- Original article: neimagazine.com/news/newsgrossi-active-at-cop27-10350059
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
In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle