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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.
- Source: NEI Magazine
- Date: Friday, 26 January 2024
- Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539
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.
- Source: NEI Magazine
- Date: Wednesday, 06 December 2023
- Original article: neimagazine.com/news/newscop28-22-countries-target-tripling-global-nuclear-energy-capacity-by-2050-11347824
In an update to its Net Zero Roadmap, published in 2021, the International Energy Agency (IEA) says the role of nuclear power has been revised upwards given recent policy support. In the updated net-zero emissions (NZE) scenario, nuclear generating capacity reaches 916 GWe in 2050, up from the 812 GWe given in the 2021 version.
- Source: World Nuclear News
- Date: Thursday, 28 September 2023
- Original article: world-nuclear-news.org/Articles/IEA-sees-greater-role-for-nuclear-in-attaining-net
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.
- Source: Nucnet
- 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
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle
The International Energy Agency (IEA) World Energy Investment 2021 report, released on 1 June, global investment in energy is set to rebound by nearly 10% in 2021 to $1,900 billion reversing most of he adverse effects of the Covid-19 pandemic. However, spending on clean energy transitions are not sufficient to meet climate goals.
- Source: NEI Magazine
- Date: Friday, 04 June 2021
- Original article: neimagazine.com/news/newsiea-report-on-energy-investment-barely-mentions-nuclear-8788502
The US-led Leaders’ Summit on Climate, held on 22 and 23 April as a video conference, attracted 40 world leaders (presidents and prime ministers) including Russia’s President Vladimir Putin and Chinese President Xi Jinping. Also taking part were some 24 other speakers at ministerial level (environment, defence, economy) in addition to Pope Francis and United Nations Secretary-General António Guterres, as well as almost 40 heads of environmental organisations, indigenous communities and leading businessmen, including Bill Gates. The event coincided with Earth Day, an annual event first held in 1970.
- Source: NEI Magazine
- Date: Tuesday, 27 April 2021
- Original article: neimagazine.com/news/newsleaders-summit-on-climate-attracts-world-leaders-businessmen-and-environmentalists-8699323
China will have the world's largest nuclear power fleet within a decade, while most of the units in longstanding nuclear regions - Japan, the European Union and the USA - are facing the end of their original 40-year design lifetime, Brent Wanner, lead of World Energy Outlook Power Sector Modelling & Analysis at the International Energy Agency (IEA), said yesterday. Without policy support for the long-term operation of the existing fleet, this trend is certain to continue, he told delegates at the High-Level Workshop on Nuclear Power in Clean Energy Transitions, which the IEA held jointly with the International Atomic Energy Agency (IAEA).
- Source: World Nuclear News
- Date: Thursday, 04 March 2021
- Original article: world-nuclear-news.org/Articles/China-on-course-to-lead-in-nuclear-by-2030-says-IE
A recent 251-page report by the International Energy Agency (IEA) - India Energy Outlook 2021- focuses on renewables, gas, coal and bioenergy, with barely a mention of nuclear power outside the figures and tables.
- Source: NEI Magazine
- Date: Tuesday, 16 February 2021
- Original article: neimagazine.com/news/newsiea-report-on-india-sidelines-nuclear-8519849
Global electricity demand is set to decline 2% in 2020 due to the COVID-19 pandemic, according to the International Energy Agency's (IEA's) first ever Electricity Market Report, which was published today. Nuclear power generation is set to fall by about 4% this year, it says. Global electricity demand is forecast to grow by around 3% next year.
- Source: World Nuclear News
- Date: Tuesday, 15 December 2020
- Original article: world-nuclear-news.org/Articles/IEA-charts-COVID-s-impact-on-electricity-market