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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
The European Union (EU) Energy Council, meeting in Luxembourg, have reached agreement on reforming the EU electricity market, resolving the long-running dispute between France and Germany over the role of nuclear power. France has welcomed a decision that nuclear power should be included in future state-supported models, while Germany insisted that this must not lead to unfair competition through publicly funding ageing reactors abroad. The proposal now moves on to the European Parliament, where concessions on nuclear and coal power could still meet opposition.
- Source: NEI Magazine
- Date: Friday, 20 October 2023
- Original article: neimagazine.com/news/newsfrance-and-germany-move-towards-resolving-nuclear-differences-11232812
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
Jeremy Gordon says that rising gas prices show that Europe can’t afford to do without nuclear
- Source: NEI Magazine
- Date: Saturday, 18 December 2021
- Original article: neimagazine.com/news/newscoming-to-a-head--9329540
European unions on 27 July reiterated calls for the European Commission (EC) to include nuclear power in its green goals. In a joint letter to EC President Ursula von der Leyen, 18 trade unions in the energy sector from 10 countries said nuclear energy must be included in a delegated act of the European taxonomy. The unions - from Belgium, Bulgaria, Czech Republic, Finland, France, Hungary, Romania, Sweden, Slovak Republic and Slovenia - called for "a dialogue with the purpose of nuclear energy to play its full potential and build an economically efficient and socially just carbon-free Europe by 2050".
- Source: NEI Magazine
- Date: Friday, 30 July 2021
- Original article: neimagazine.com/news/newseuropean-unions-call-again-for-nuclear-to-be-part-of-the-eu-taxonomy-8946044
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
A surge in well-designed energy policies is needed to put the world on track for a resilient energy system that can meet climate goals, the International Energy Agency said today. Unveiling the latest edition of its flagship publication, the Paris-based organisation noted that worldwide low-carbon electricity generation from nuclear and renewable energies had exceeded coal-fired generation for the first time last year.
- Source: World Nuclear News
- Date: Wednesday, 14 October 2020
- Original article: world-nuclear-news.org/Articles/IEA-report-highlights-need-for-new-momentum-behind
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.
- Source: Nucnet
- Date: Friday, 12 June 2020
- Original article: nucnet.org/news/agency-calls-for-forthright-recognition-of-nuclear-energy-6-4-2020
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.
- Source: World Nuclear News
- Date: Saturday, 18 January 2020
- Original article: world-nuclear-news.org/Articles/Austria-fails-to-turn-neighbours-against-nuclear-p
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.
- Source: Nucnet
- Date: Friday, 17 January 2020
- Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020