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Policy uncertainty is ‘preventing industry from making investment decisions’ Policy uncertainty in a number of countries is preventing the nuclear industry from making investment decisions and “forthright recognition” by governments of the value of nuclear energy would encourage policymakers to explicitly include nuclear in their long-term energy plans and commitments under the Paris Agreement, the International Energy Agency has said.

The Paris-based agency said in a report on meeting climate goals that nuclear policy uncertainty is partly the result of inconsistencies between stated policy goals – such as climate change mitigation – and policy actions.

While some countries maintain they can meet decarbonisation objectives while phasing out nuclear (Belgium, Germany, Spain, Switzerland) or reducing its share (France), others continue to recognise the need to increase nuclear reliance: China, Russia, India, Argentina, Brazil, Bulgaria, the Czech Republic, Egypt, Finland, Hungary, Poland, Saudi Arabia, the United Arab Emirates, the UK and Uzbekistan.

In late 2018, the EU long-term energy strategy clearly stated that nuclear power – together with renewables – will form the backbone of the EU power system in order to reach carbon neutrality by 2050, the IEA said. At the same time, ongoing EU taxonomy discussions regarding the eligibility of nuclear power generation for sustainability funding highlight the difficulties in recognising the contribution that nuclear energy makes to climate change mitigation.

Date: Friday, 12 June 2020
Original article: nucnet.org/news/agency-calls-for-forthright-recognition-of-nuclear-energy-6-4-2020

Gerard Hogan, advocate general of the European Union Court of Justice said in a non-binding opinion that EU judges should dismiss an appeal by Austria aimed at overturning the approval of UK aid to support construction of the Hinkley Point C nuclear power plant. He added that a lower EU tribunal was “fully entitled” to dismiss the Austrian challenge.

Date: Tuesday, 12 May 2020
Original article: neimagazine.com/news/newseu-advocate-general-supports-hinkley-point-project-despite-austrian-protests-7917762

The European Court of Justice should dismiss an appeal brought by Austria in respect of the European Commission's approval of state aid for the planned Hinkley Point C (HPC) nuclear power plant in the UK, Advocate General Gerard Hogan has concluded. His opinion will be taken into account when the European Court of Justice rules on Austria's appeal of the General Court's 2018 decision to reject the case.

Date: Friday, 08 May 2020
Original article: world-nuclear-news.org/Articles/Dismiss-Austrias-appeal-against-HPC-aid-Advocate-G

Austria failed to dent the Visegrád Group (V4) of countries' enthusiasm for nuclear power as a solution to climate change during their meeting in Prague yesterday. This was evident during a press conference held after the V4 and Austria summit by Austrian Chancellor Sebastian Kurz and the Czech, Hungarian, Polish and Slovak prime ministers, Andrej Babiš, Viktor Orbán, Mateusz Morawiecki and Peter Pellegrini, respectively.

Date: Saturday, 18 January 2020
Original article: world-nuclear-news.org/Articles/Austria-fails-to-turn-neighbours-against-nuclear-p

New-build projects are making progress, but governments are still struggling with finding the right financing package for large reactors The delayed Flamanville-3 is one of three EPR units under construction in Europe. The others are at Olkiluoto in Finland and Hinkley Point in the UK. Photo courtesy EDF. Western Europe

The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.

The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.

However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.

According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.

Date: Friday, 17 January 2020
Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020

The European Commission yesterday unveiled its plan for at least EUR1 trillion (USD1.1 trillion) in sustainable investments over the next decade. The European Green Deal Investment Plan (EGDIP) is the investment pillar of the Green Deal, which aims to make the EU climate-neutral by 2050.

Date: Thursday, 16 January 2020
Original article: world-nuclear-news.org/Articles/EU-Green-Deal-ignores-its-own-biggest-clean-energy

A large increase in the use of nuclear power would help keep global warming to below 1.5 degrees, according to a United Nations report published today. The Intergovernmental Panel on Climate Change (IPCC) special report - Global Warming of 1.5 degrees - was commissioned by governments at the Paris climate talks in 2015 and will inform the COP24 summit in Katowice, Poland this December.

Date: Monday, 08 October 2018
Original article: world-nuclear-news.org/Articles/UN-report-shows-increased-need-for-nuclear

The General Court of the European Union (the EU’s second highest court) on 12 July dismissed a lawsuit against the European Commission's approval of state aid for the planned Hinkley Point C nuclear plant in the UK, which was filed by Austria and supported by Luxembourg. According to the court, the EC "did not err" in accepting the UK's position that construction of the plant is in the UK public interest. 

Date: Monday, 16 July 2018
Original article: neimagazine.com/news/newseu-court-dismisses-austrian-objections-to-hinkley-point-c-6246942