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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
Newly appointed EDF CEO Luc Remont announced a record net loss of €17.9bn euros ($19bn) in 2022, but pledged to put the company back on track. Électricité de France (EDF) posted a loss before interest, tax, depreciation and amortisation (Ebitda) of €4.99bn, compared with positive Ebitda of €18bn in 2021. The company's net financial debt increased 50% in 2022 to €64.5bn up from €43bn the previous year. “The 2022 results were significantly affected by the decline in our electricity output, and also by exceptional regulatory measures introduced in France in difficult market conditions,” Rémont said.
- Source: NEI Magazine
- Date: Wednesday, 22 February 2023
- Original article: neimagazine.com/news/newsrecord-losses-for-edf-10612700
The International Atomic Energy Agenry (IAEA) has announced the release of the 2022 edition of Country Nuclear Power Profiles (CNPP), marking more than two decades since the initial launch of the Agency’s comprehensive guide on the status and development of national nuclear power programmes worldwide.
- Source: NEI Magazine
- Date: Saturday, 22 October 2022
- Original article: neimagazine.com/news/newsiaea-releases-annual-report-on-country-nuclear-power-profiles-10106867
What is the significance of the Zaporizhzhia nuclear power station?
- Source: Nucnet
- Date: Saturday, 05 March 2022
- Original article: nucnet.org/news/everything-you-need-to-know-about-what-s-happening-at-europe-s-largest-nuclear-power-station-3-5-2022
“On Wednesday, October 13, 2021, EDF submitted to the Polish government a preliminary, non-binding offer for a contract covering the execution of engineering, procurement and construction (EPC) works from four to six EPR (European Pressurised Reactors), representing a total installed capacity of 6.6 to 9.9 GW in two to three locations,” the French company said in a statement.
“The initial offering includes all key programme parameters such as plant configuration, industrial schematic, local supply chain development plans, cost estimate and schedule,” the statement added.
EDF said the offer supports the implementation of the objectives of the Polish nuclear energy programme adopted by the Polish government in October 2020. It also aims to define the principles of the Polish-French strategic partnership supporting “an ambitious energy transformation plan consistent with the European goal of carbon neutrality”.
- Source: Nucnet
- Date: Thursday, 14 October 2021
- Original article: nucnet.org/news/france-s-edf-submits-non-binding-offer-to-build-up-to-six-eprs-10-3-2021
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
Finnish utility Teollisuuden Voima Oyj (TVO) said on 27 March that fuel loading had begun at unit 3 of the Olkiluoto NPP and was expected to continue for a week. During the months following the fuel loading, the EPR reactor will undergo a range of tests as maintenance and finalisation work continues. These will include hot functional testing, in which the reactor and turbine island will be submitted to dozens of separate tests at different pressure and temperature levels. Previous hot functional testing took place in 2018.
- Source: NEI Magazine
- Date: Wednesday, 31 March 2021
- Original article: neimagazine.com/news/newsfuel-loading-begins-at-finlands-ol3-8635270
Finnish utility Teollisuuden Voima Oyj (TVO) has been granted a permit by the country's Radiation and Nuclear Safety Authority (STUK) to load fuel into the reactor of the Olkiluoto 3 (OL3) EPR. The unit, construction of which began in 2005, is scheduled to enter commercial operation early next year.
- Source: World Nuclear News
- Date: Saturday, 27 March 2021
- Original article: world-nuclear-news.org/Articles/TVO-cleared-for-fuel-loading-at-Finnish-EPR
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
The European Union's clean energy transition "leaves a number of legacy technologies on the side" with an approach that is "more political economy than market economy", an analyst from S&P Global Ratings’ Infrastructure and Utilities practice said this week.
- Source: World Nuclear News
- Date: Thursday, 19 November 2020
- Original article: world-nuclear-news.org/Articles/S-P-sees-limited-role-for-nuclear-in-EU-energy-tra