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World leaders gathered in Brussels at the first ever Nuclear Energy Summit co-chaired by the Prime Minister of Belgium Alexander De Croo and the Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi. The Summit was the highest-level meeting to date exclusively focused on the topic of nuclear energy. It followed inclusion of nuclear energy in the Global Stocktake agreed at the UN Climate Change Conference (COP28) in Dubai in December 2023 and the launch of the IAEA’s Atoms4NetZero initiative.

Source: NEI Magazine
Date: Wednesday, 27 March 2024
Original article: neimagazine.com/news/newsnuclear-energy-summit-attracts-world-leaders-11632691

Leaders and representatives from 32 countries at the Nuclear Energy Summit backed measures in areas such as financing, technological innovation, regulatory cooperation and workforce training to enable the expansion of nuclear capacity to tackle climate change and boost energy security.

Source: World Nuclear News
Date: Friday, 22 March 2024
Original article: world-nuclear-news.org/Articles/Leaders-back-nuclear-at-summit

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

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

Spanish, French and Slovakian engineering firms IDOM, Assystem and VUJE have set up the NUClear Engineering Alliance (NUCEAL) to support the development of EDF’s projects in the European Union. The joint venture was launched in Lyon, France, in the presence of French Minister for Energy Transition Agnès Pannier-Runacher.

Source: NEI Magazine
Date: Friday, 23 June 2023
Original article: neimagazine.com/news/newsnuclear-engineering-alliance-formed-to-support-edfs-european-projects-10959071

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

France and China agreed to renew their partnership in nuclear energy during the recent state visit of French President Emmanuel Macron to China. This was one of a raft of economic agreements reached in the course of the three-day trip, during which Macron was accompanied by a large delegation, including 50 key business representatives.

Source: NEI Magazine
Date: Thursday, 13 April 2023
Original article: neimagazine.com/news/newsfrance-renews-nuclear-co-operation-with-china-10750359

Newly appointed EDF CEO Luc Remont announced a record net loss of €17.9bn euros ($19bn) in 2022, but pledged to put the company back on track. Électricité de France (EDF) posted a loss before interest, tax, depreciation and amortisation (Ebitda) of €4.99bn, compared with positive Ebitda of €18bn in 2021. The company's net financial debt increased 50% in 2022 to €64.5bn up from €43bn the previous year. “The 2022 results were significantly affected by the decline in our electricity output, and also by exceptional regulatory measures introduced in France in difficult market conditions,” Rémont said.

Source: NEI Magazine
Date: Wednesday, 22 February 2023
Original article: neimagazine.com/news/newsrecord-losses-for-edf-10612700

As the Western nuclear industry flounders, Russia’s Rosatom is building nuclear power plants (NPPs) on time and under budget around the world, while selling uranium to the US, according to Professor Thane Gustafson. His article, on “The Devil’s Dance” substack blog, says Russia has world-beating nuclear power technology that is flourishing thanks to booming exports. The article, originally released in May, has now been reproduced in several other publications and a link provided on Gustafson’s Twitter page.

Source: NEI Magazine
Date: Thursday, 19 January 2023
Original article: neimagazine.com/news/newsus-professor-thane-gustafson-russias-nuclear-industry-is-unique-10525064

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