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At the 28th Conference of the Parties to the original 1992 United Nations Framework Convention on Climate Change (COP28), 22 countries signed a declaration supporting tripling nuclear energy capacity by 2050. The document was signed by the heads of state, or senior officials, from Bulgaria, Canada, the Czech Republic, Finland, France, Ghana, Hungary, Japan, South Korea, Moldova, Mongolia, Morocco, the Netherlands, Poland, Romania, Slovakia, Slovenia, Sweden, Ukraine, the United Arab Emirates, the UK and the USA. China and Russia did not sign, although they have the world’s fastest growing and most ambitious nuclear power programmes.

Date: Wednesday, 06 December 2023
Original article: neimagazine.com/news/newscop28-22-countries-target-tripling-global-nuclear-energy-capacity-by-2050-11347824

Iran has resolved two outstanding inquiries from the International Atomic Energy Agency (IAEA) related to the presence of highly enriched uranium (HEU) particles at several sites. The confidential quarterly report by the IAEA, which is routinely leaked to the press, said inspectors no longer had questions on uranium particles found to be enriched to 83.7% at its underground Fordow facility. This had resulted in tension for the past several months although some resolution was achieved in March following a visit to Tehran by IAEA Director General Rafael Mariano Grossi. Iran had insisted at that time that those particles were a by-product of its current enrichment as particles can reach higher enrichment levels in fluctuations. “The agency informed Iran that, following its evaluation of the data, the agency had assessed that the information provided was not inconsistent with Iran’s explanation ... and that the agency had no further questions on this matter at this stage,” the report said.

Date: Wednesday, 07 June 2023
Original article: neimagazine.com/news/newsiaea-resolves-some-outstanding-issues-with-iran-10918237

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

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

Plan is to generate first ultra-hot plasma at €20bn facility in 2025 The €20bn project will replicate the reactions that power the sun and is intended to demonstrate fusion power can be generated on a commercial scale. Photo courtesy Iter. The world’s largest nuclear fusion project began its five-year assembly phase on Tuesday in southern France, with the first ultra-hot plasma expected to be generated in late 2025.

The €20bn Iter (International Thermonuclear Experimental Reactor) project will replicate the reactions that power the sun and is intended to demonstrate fusion power can be generated on a commercial scale.

The steel and concrete superstructures nestled in the hills of southern France will house a 23,000-tonne machine, known as a tokamak, capable of creating what is essentially an earthbound star.

Millions of components will be used to assemble the giant reactor, which will weigh 23,000 tonnes and the project is the most complex engineering endeavour in history. Almost 3,000 tonnes of superconducting magnets, some heavier than a jumbo jet, will be connected by 200km of superconducting cables, all kept at -269C by the world’s largest cryogenic plant.

Date: Wednesday, 29 July 2020
Original article: nucnet.org/news/world-s-largest-nuclear-fusion-project-under-assembly-in-france-7-2-2020

Japan’s Toshiba, facing large cost overruns on flagship projects and continuing fallout from a financial scandal, delayed publication of its financial results for a second time on 14 March and said it would consider selling its controlling stake in  it’s Westinghouse US subsidiary. Toshiba also suggested  that Westinghouse could file for Chapter 11 bankruptcy protection. Acknowledging its worst ever financial crisis, Toshiba announced a three-year growth plan including  proposals to improve its management.

Date: Wednesday, 15 March 2017
Original article: neimagazine.com/news/newstoshiba-considers-sale-of-westinghouse-5763859

The nuclear industry can achieve the momentum required to create an additional 1000 GWe of new capacity by 2050, Agneta Rising, director general of the World Nuclear Association, said yesterday. This target is essential, she said, if the world is to ensure the International Energy Agency's 2 Degree Scenario on climate change.

Date: Friday, 16 September 2016
Original article: world-nuclear-news.org/Articles/Achieving-1000-GWe-of-new-capacity-by-2050