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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.

Date: Friday, 15 January 2021
Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says

As policymakers grapple with the twin challenges of climate change and a post-COVID economic recovery, the benefits of nuclear power are clearer than ever, but the industry still has some way to go in addressing perceptions of its alleged drawbacks with cost, safety and radioactive waste. This was the overriding message of the three panellists in a webinar held last week by Utilities Middle East in partnership with Russian state nuclear corporation Rosatom.

Date: Friday, 01 January 2021
Original article: world-nuclear-news.org/Articles/The-barrier-to-nuclear-is-perception,-says-panel

"It would not be a stretch to describe 2020 as an unforgettable year, with the on-going coronavirus pandemic having caused tremendous suffering and economic hardship across the world, and turning everyone's life upside down," writes World Nuclear Association Director General Sama Bilbao y León. "But this year has shown us that we can come together as a global community to fight a common adversary." Bilbao y León took over the reins of the London-headquartered organisation in October.

Date: Thursday, 31 December 2020
Original article: world-nuclear-news.org/Articles/Message-Looking-towards-the-light-of-2021

Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy, according to the latest edition of the OECD Nuclear Energy Agency (NEA) and International Atomic Energy Agency (IAEA) joint report on uranium resources, production and demand. However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies.

Date: Friday, 25 December 2020
Original article: world-nuclear-news.org/Articles/Adequate-uranium-to-meet-demand-latest-Red-Book-co

The recently published joint publication by the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA), “Projected Costs of Generating Electricity – 2020” is the ninth edition of this report, which is produced every five years. 

Date: Monday, 14 December 2020
Original article: neimagazine.com/news/newselectricity-generation-costs-examined-in-new-ieanea-report-8407206

The case for nuclear as a proven source of clean, reliable and sustainable electricity supply should be clear to all, but the business case for nuclear is also becoming better understood, World Nuclear Association Director General Sama Bilbao y León told delegates at the New Nuclear Capital 2020 virtual conference yesterday. The following is an abridged version of her presentation.

Date: Saturday, 12 December 2020
Original article: world-nuclear-news.org/Articles/Speech-The-business-case-for-nuclear-energy

Reactors in long-term operation are even more cost-effective, data shows Cost reductions stemming from the lessons learnt from first-of-a-kind projects in several Organisation for Economic Cooperation and Development countries could see nuclear power remain the dispatchable low-carbon technology with the lowest expected levelised costs of energy (LCOE) in 2025, a joint report by the Nuclear Energy Agency and International Energy Agency says.

The report, ‘Projected Costs of Generating Electricity’, says the LCOE of nuclear in 2025 will range from about $55-$95 per MWh. This compares to a maximum of almost $100/MWh for coal and about $80/MWh for gas. The cheapest non-dispatchable source of electricity is onshore wind of more than 1 MW, with an LCOE of $40-$50/MWh. Offshore wind is about $80-$110/MWh and utility scale solar PV $40-$80/MWh.

For nuclear plants that are in long-term operation, the cost falls considerably, with an LCOE of less than $40/MWh. Prolonging the operation of existing nuclear power plants is the most cost-effective source of low-carbon electricity. Hydroelectric power can provide a similar contribution at comparable costs, but remains highly dependent on the natural endowments of individual countries.

LCOE captures both capital and operating costs that need to be covered. It is essentially the long-term price at which the electricity produced by a power plant will have to be sold at for the investor to cover all their costs.

Date: Thursday, 10 December 2020
Original article: nucnet.org/news/nuclear-is-most-affordable-dispatchable-source-of-low-carbon-electricity-12-3-2020

The levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generation, according to a report by the OECD Nuclear Energy Agency (NEA) and the International Energy Agency (IEA). The cost of electricity from new nuclear power plants remains stable, yet electricity from the long-term operation of existing plants constitutes the least cost option for low-carbon generation. Nuclear electricity is expected to have lower costs in the near future, the report says.

Date: Thursday, 10 December 2020
Original article: world-nuclear-news.org/Articles/Nuclear-electricity-costs-set-to-decline,-study-fi

The time has come to stop thinking about competition between different energy sources and instead look at how they can work together to achieve climate neutrality, Associate Deputy Minister of Natural Resources Canada Shawn Tupper said yesterday.

Date: Friday, 27 November 2020
Original article: world-nuclear-news.org/Articles/Stop-talking-about-Utopia-says-Tupper

The world needs countries, such as Brazil, to step up and lead the way by expanding their nuclear capacity to help contribute to a sustainable energy future, said Agneta Rising, former director general of World Nuclear Association. She was speaking ahead of the World Nuclear University Short Course World Nuclear Industry Today to be held online in Brazil next week.

Date: Wednesday, 11 November 2020
Original article: world-nuclear-news.org/Articles/Speech-Established-nuclear-countries-must-lead-sus