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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.

Date: Friday, 26 January 2024
Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539

The Federation of Korean Industries (FKI) has released a report recommending that South Korea and the US should strengthen cooperation in the nuclear power export market, which is currently dominated by Russia and China. This should include building a supply chain together.

Date: Saturday, 13 May 2023
Original article: neimagazine.com/news/newsfederation-of-korean-industries-calls-for-korea-us-smr-alliance-10842422

Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

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.

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

Final bids due next year and contract with winning technology provider could be finalised in 2024 The Czech Republic is planning at least one new nuclear plant at the Dukovany site. Courtesy ČEZ. France’s EDF, South Korea’s Korea Hydro & Nuclear Power (KHNP) and US-based group Westinghouse Electric have made initial bids to build a new reactor unit at the Czech Republic’s Dukovany nuclear power station, Czech utility ČEZ said today.

ČEZ said Elektrárna Dukovany II, the wholly owned subsidiary set up to implement the new-build project, will now analyse the bids and negotiate with the three bidders. The bidders will then submit final bids by the end of September 2023.

Majority state-owned ČEZ, which launched the Dukovany expansion tender in March, said it expects the contracts to be finalised in 2024.

The initial bids are the basis for clarifying technical and commercial parameters, but not for the actual selection or exclusion of contractors, ČEZ said. 

EDF’s reactor technology is the EPR, KHNP’s the APR-1400 and Westinghouse’s the AP1000. All three reactor types have seen commercial operation or are under construction in different countries.

Two EPRs and four AP1000s are commercially operational in China, while the APR-1400 is operated commercially in South Korea and the United Arab Emirates (UAE). 

Additionally, EPR new build projects are near completion at Olkiluoto in Finland and Flamanville in France, while construction is under way of two EPR units at Hinkley Point C in England. Two APR-1400s are in the commissioning stage and two are operating commercially at Barakah in the UAE.

ČEZ said there has been progress on preparation for the project. In 2019, the environment ministry approved an environmental impact assessment. Last year, Elektrárna Dukovany II received a siting permit from the State Office for Nuclear Safety and a generating facility authorisation from the ministry of industry and trade. The zoning procedure has begun, with the company applying to the building authority in June 2021.

Date: Thursday, 01 December 2022
Original article: nucnet.org/news/three-companies-submit-bids-to-build-new-nuclear-at-dukovany-11-3-2022

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

Date: Wednesday, 09 November 2022
Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle

Country becomes latest to turn to reactors for low-carbon energy security Vattenfall is majority owner of three operational reactors at Forsmark (pictured) and two at Ringhals. Sweden’s incoming government will ask state-run utility Vattenfall to plan and procure new nuclear power stations – potentially making the country one of an increasing number turning to commercial reactors as a source of low-carbon, baseload energy supply.

“New reactors will be built in Sweden,” said Ebba Busch, whose Christian Democrat party belongs to an alliance that won the most seats in last month’s general election. The right-wing bloc is scheduled to become the Nordic nation’s next government in a parliamentary vote next week.

Sweden now joins other countries in Europe that are turning to nuclear power in response to record high energy prices and fears over the security of key infrastructure.

Swedes have debated nuclear power for decades, but the energy source has garnered popular support recently amid the ongoing power crunch.

Date: Saturday, 15 October 2022
Original article: nucnet.org/news/new-government-announces-plans-to-build-nuclear-power-plants-10-5-2022

The urgent need to reduce emissions and slow global heating should involve the roll-out of more nuclear power stations, according to a new briefing released by the United Nations Economic Commission for Europe (UNECE) on 11 August. In the run up to the COP 21 meeting in Glasgow, UNECE argues that nuclear power can help deliver on the Paris Agreement and the 2030 Agenda for Sustainable Development. UNECE, set up in 1947, is one of five regional commissions of the United Nations. Its main aim is to promote pan-European economic integration. UNECE includes 56 member states in Europe, North America, Central Asia and Western Asia.

Date: Thursday, 19 August 2021
Original article: neimagazine.com/news/newsunece-says-nuclear-power-essential-to-achieve-climate-goals-9007938

Low-carbon technologies are more competitive than the fossil fuel options for electricity generation, which is good news for governments wanting to move towards low-carbon systems. But electricity is not the end of the story, says Dr Henri Paillere, head of the Planning and Economics Studies Section of the International Atomic Energy Agency (IAEA).

Date: Tuesday, 16 February 2021
Original article: world-nuclear-news.org/Articles/Speech-Nuclear-beyond-electricity

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