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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
G7 ministers reaffirm net zero targets, condemn Russia, and offer only qualified support for nuclear
Group of Seven (G7) energy and environment ministers, following a two-day meeting in the northern Japanese city of Sapporo, issued a 36-page communique laying out their commitments ahead of a G7 summit in Hiroshima in May. The detailed statement covered sections on environment, climate and energy. It reaffirmed a commitment to accelerating the clean energy transition to net-zero greenhouse gas emissions by 2050. “We call on and will work with other countries to end new unabated coal-fired power generation projects globally as soon as possible to accelerate the clean energy transition in a just manner,” the statement says, stipulating that countries should rely on “predominantly” clean energy by 2035.
- Source: NEI Magazine
- Date: Wednesday, 19 April 2023
- Original article: neimagazine.com/news/newsg7-ministers-reaffirm-net-zero-targets-condemn-russia-and-offer-only-qualified-support-for-nuclear-10770194
All realistic options that might contribute to global net-zero must be considered, the Generation IV International Forum (GIF) has said in an open letter to COP26 President Alok Sharma. Nuclear systems and advanced reactors - such as Generation IV systems - can contribute to a net-zero society alongside renewable energies, it says.
- Source: World Nuclear News
- Date: Saturday, 30 October 2021
- Original article: world-nuclear-news.org/Articles/GIF-calls-for-nuclear-s-inclusion-in-COP26-discuss
The International Atomic Energy Agency (IAEA) has made the full case for nuclear to be deployed rapidly to enable the phase out of coal in a new Nuclear Energy for a Net Zero World brochure. The organisation is taking it to next month's COP26 climate change meeting to argue for evidence-based policy and "ramped up" investment in nuclear.
- Source: World Nuclear News
- Date: Tuesday, 19 October 2021
- Original article: world-nuclear-news.org/Articles/IAEA-takes-the-case-for-nuclear-to-COP26
Nuclear energy, as an asset class, has the potential to report well against a wide range of Environmental, Social and Governance (ESG) data collection and accounting metrics, according to a new report from the Generation IV International Forum (GIF). This should allow nuclear energy to be considered as an investable asset class, thereby allowing nuclear companies and projects to access climate finance.
- Source: World Nuclear News
- Date: Wednesday, 08 September 2021
- Original article: world-nuclear-news.org/Articles/GIF-highlights-nuclear-s-ESG-attributes
At its 28th Meeting on 16-17 June, the ITER Council convened via remote video conference to assess the latest progress reports and performance metrics of the ITER Project. The International Thermonuclear Experimental Reactor (ITER) under construction in Saint-Paul-lès-Durance in southern France is a first-of-a-kind global collaboration. Construction of ITER is funded mainly by the European Union (45.6%) with the remainder shared equally by China, India, Japan, Korea, Russia and the USA (9.1% each). However, in practice, the members deliver little monetary contribution to the project, instead providing ‘in-kind’ contributions of components, systems or buildings.
- Source: NEI Magazine
- Date: Wednesday, 23 June 2021
- Original article: neimagazine.com/news/newsiter-reports-on-progress-8840244
After a decade of design and fabrication, US-based General Atomics said on 15 June that it is ready to ship the first module of the Central Solenoid to the International Thermonuclear Experimental Reactor (ITER) under construction in Saint-Paul-lès-Durance in southern France. Despite the challenges of Covid-19, ITER is almost 75% built and massive first-of-a-kind components have been arriving in France from three continents over the past 15 months. Construction of ITER is funded mainly by the European Union (45.6%) with the remainder shared equally by China, India, Japan, Korea, Russia and the USA (9.1% each). However, in practice, the members deliver little monetary contribution to the project, instead providing ‘in-kind’ contributions of components, systems or buildings.
- Source: NEI Magazine
- Date: Wednesday, 16 June 2021
- Original article: neimagazine.com/news/newsgeneral-atomics-prepares-to-ship-first-module-of-iters-central-solenoid-8822680
Japan's Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced today it has completed the manufacture of the first of four toroidal field coils it is supplying to the International Thermonuclear Experimental Reactor (ITER) project. Nine of ITER's 18 toroidal field coils, plus a spare, are being fabricated in Europe with the other nine being made in Japan. Gigantic superconducting magnets, they will generate the magnetic cage to contain the ITER fusion reactor's plasma.
- Source: World Nuclear News
- Date: Wednesday, 09 June 2021
- Original article: world-nuclear-news.org/Articles/Toshiba-completes-initial-toroidal-field-coil-for
From a childhood fascination with "what small means" to simulating the power of the sun to bring affordable energy to all of mankind. This is the journey described by Sergio Orlandi, head of the Central Engineering and Plant Directorate at the International Thermonuclear Experimental Reactor (ITER).
- Source: World Nuclear News
- Date: Wednesday, 05 May 2021
- Original article: world-nuclear-news.org/Articles/ITERs-mission-to-fuel-the-future-of-humanity