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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
European Union (EU) countries may delete a key part of planned reforms to Europe's electricity market in the face of continued disagreements between France and Germany, Reuters has reported.
- Source: NEI Magazine
- Date: Friday, 06 October 2023
- Original article: neimagazine.com/news/newsgerman-french-disagreements-block-eu-power-market-reforms-11198447
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.
- Source: NEI Magazine
- Date: Saturday, 13 May 2023
- Original article: neimagazine.com/news/newsfederation-of-korean-industries-calls-for-korea-us-smr-alliance-10842422
“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.
- Source: Nucnet
- Date: Saturday, 15 October 2022
- Original article: nucnet.org/news/new-government-announces-plans-to-build-nuclear-power-plants-10-5-2022
International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi attended the World Economic Forum (WEF) Annual Meeting in Davos on 24 and 25 May. Nuclear provides the opportunity for a faster transition to a low-carbon energy future and supports the shift to a hydrogen economy, he told participants. In an opinion piece on the WEF website, Grossi said that nuclear is gaining increasing support in the battle against climate change, that reaching net-zero carbon emissions will require a doubling of nuclear capacity, and that technology such as small modular reactors (SMRs) and used fuel repositories are increasing nuclear accessibility and safety.
- Source: NEI Magazine
- Date: Friday, 27 May 2022
- Original article: neimagazine.com/news/newsiaeas-grossi-at-davos-discusses-nuclear-power-iran-and-ukraine-9729661
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.
- Source: NEI Magazine
- Date: Thursday, 19 August 2021
- Original article: neimagazine.com/news/newsunece-says-nuclear-power-essential-to-achieve-climate-goals-9007938
Nuclear power can be part of a broader portfolio alongside deploying other sustainable low- or zero-carbon technologies to decarbonise the global energy system and energy intensive industries, according to a new technology brief from the United Nations Economic Commission for Europe (UNECE). The publication highlights nuclear power as an important source of low-carbon energy that can contribute to attaining carbon neutrality and for policy-makers who wish to meet climate and sustainable development objectives using nuclear power should provide positive, long-term policy signals for new nuclear development.
- Source: World Nuclear News
- Date: Thursday, 12 August 2021
- Original article: world-nuclear-news.org/Articles/Policies-must-allow-nuclear-to-play-its-vital-role
"ZE PAK is considering many options, including participation in the construction of a nuclear power plant in Poland from scratch, which will most likely take many years”, said Tomasz Matwiejczuk, a spokesman for Polish billionaire Zygmunt Solorz, majority shareholder of ZE PAK and Polsat.
"Another option could be a capital investment in foreign assets, with one of the options analysed being a potential investment together with other reputable and experienced partners in the nuclear power plant already under construction in [Russia’s] Kaliningrad district”, Mr Matwiejczuk said according to Polsat.
- Source: Nucnet
- Date: Saturday, 10 July 2021
- Original article: nucnet.org/news/large-coal-plant-operator-interested-to-invest-in-nuclear-say-reports-7-5-2021
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.
- Source: World Nuclear News
- Date: Friday, 15 January 2021
- Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says
The European Union's clean energy transition "leaves a number of legacy technologies on the side" with an approach that is "more political economy than market economy", an analyst from S&P Global Ratings’ Infrastructure and Utilities practice said this week.
- Source: World Nuclear News
- Date: Thursday, 19 November 2020
- Original article: world-nuclear-news.org/Articles/S-P-sees-limited-role-for-nuclear-in-EU-energy-tra