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Foratom has welcomed the European Commission's proposed Fit for 55 to make the EU's climate, energy, land use, transport and taxation policies 'fit' for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels, but says the target leaves open key questions. How will be this transition financed? Will we have enough low-carbon energy to meet our needs? How can we ensure that industries are able to decarbonise their manufacturing processes whilst remaining competitive? And how can we mitigate potential social impacts (e.g. job losses and energy poverty)?

Date: Friday, 16 July 2021
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The OECD Nuclear Energy Agency (NEA) on 18 July released a new study, “Ensuring the Adequacy of Funding Arrangements for Decommissioning and Radioactive Waste Management”. The 239-page document comprises a conceptual framework, 12 detailed country case studies on funding arrangements prepared in collaboration with NEA countries, and some best policy guidelines. It focuses on the interdependence of costs and funding requirements and changes in nuclear policy, such as long-term operation or premature shutdowns, as well as technological progress.

Date: Tuesday, 22 June 2021
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The current approaches to assessing financial adequacy for decommissioning and radioactive waste management - which are based on the linear discounting of estimated future costs - should be complemented with a broader "circular" approach, a new OECD Nuclear Energy Agency (NEA) report proposes. This approach, it says, reflects that changes of different kinds will play out between today's decisions and future funding needs.

Date: Saturday, 19 June 2021
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The final communique of the Group of Seven (G7) leaders who met in Cornwall, United Kingdom, from 11-13 June, “Our Shared Agenda for Global Action to Build Back Better” included an extensive section on Climate and Environment.

Date: Wednesday, 16 June 2021
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Nuclear energy offers electricity grids flexibility and enables them to absorb more variable renewable energy sources, IAEA Director General Rafael Mariano Grossi said on 3 June at the Twelfth Clean Energy Ministerial (CEM12) and Mission Innovation (MI-6) Forum, hosted by Chile. The virtual event looked at how nuclear power generation can contribute to reducing carbon emissions in the fight against climate change. Nuclear energy is a key source of low-carbon energy and over the past decade has helped mitigate over two gigatonnes of CO2 emissions a year.

Date: Wednesday, 09 June 2021
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Leaders in the nuclear sector yesterday discussed how nuclear energy can contribute to reducing carbon emissions in the fight against climate change during a panel discussion on the side lines of the 12th Clean Energy Ministerial (CEM12) being hosted by Chile. They said technological breakthroughs and innovations can extend nuclear energy's contribution to climate action and accelerate strategies to cleaner energy. The discussion was moderated by Kirsty Gogan, managing partner at Lucid Catalyst and a co-founder of Terra Praxis.

Date: Saturday, 05 June 2021
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Countries must make real decisions and choices, NEA head tell Foro Nuclear forum William Magwood: ‘nuclear is here today, nuclear works today’. Nuclear power is “coming back to the table” as an option for many countries and can work with renewables provide a very clear pathway to achieve carbon neutrality in 2050, the director-general of the OECD Nuclear Energy Agency said during an online forum organised by Spanish industry group Foro Nuclear.

William Magwood said “nuclear is here today, nuclear works today”. He said countries are beginning to become serious about climate change and have to make real decisions and choices. “We have seen that nuclear energy is coming back to the table as an option for many countries. We are going to see more and more countries looking at nuclear power.”

Mr Magwood said continued operation of nuclear power plants has been identified as the lowest-cost clean energy production. “Countries are beginning to see this. Nuclear power is the only expandable, dispatchable, low-cost and low-carbon source of electricity. It can make a very important contribution in the future to provide a stable grid,” he said.

“Our modern world is going to be very electricity-dependent, increasingly for transportation, industry and other areas, and electricity is going to be the source of economic and industrial growth in the future. Nuclear power is going to be seen by more and more countries as one of the best ways to ensure that”.

Date: Friday, 28 May 2021
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The 20th anniversary of World Nuclear Association provides us with a golden opportunity to reflect on the years that have passed, and to look ahead to the future. On 15 May 2001, the then Uranium Institute - a trade association dedicated to the nuclear fuel cycle - was transformed into World Nuclear Association.

Date: Saturday, 15 May 2021
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The goals of the Generation IV International Forum (GIF) - and the six reactor types that are its focus - remain as important today as they have always been, speakers at an international panel discussion held to mark the organisation's 20th anniversary agreed. Looking to the future, demonstration should become a focus to drive forwards to deployment of the technology.

Date: Wednesday, 05 May 2021
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Policymakers who ignore nuclear energy are not serious about meeting climate goals, delegates said at an Atlantic Council webinar last week. The first in the Raising Ambitions series, the event highlighted the attributes of this clean source of electricity and heat ahead of the Leaders’ Climate Summit, which the US Administration is hosting on 22-23 April.

Date: Tuesday, 13 April 2021
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