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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
Members of the European Parliament (MEPs) have voted to include 17 technologies in the EU’s Net-Zero Industry Act (NZIA), including nuclear energy. The MEPs led by the conservative European People’s Party (EPP), the liberal Renew group, and the Socialists & Democrats (S&D) voted 376 in favour, 139 against with 116 abstentions. EU member states will now discuss the issue in the Council of Ministers before it is finalised in December. They are expected to reduce the list.
- Source: NEI Magazine
- Date: Friday, 24 November 2023
- Original article: neimagazine.com/news/newseu-parliament-includes-nuclear-in-net-zero-industry-act-11322086
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
The Roadmaps to New Nuclear conference, organised by the French Ministry for Energy Transition and the OECD’s Nuclear Energy Agency (NEA) in Paris, resulted in two communiques signed by energy ministers and industry representatives emphasising the need for nuclear energy.
- Source: NEI Magazine
- Date: Tuesday, 03 October 2023
- Original article: neimagazine.com/news/newsfrance-and-nea-host-conference-to-promote-nuclear-energy-11186484
Japan, the UK, Canada, the US and France have agreed to co-operate to reduce dependence on Russia as a supplier of nuclear materials and technology. Their statement was issued at the Nuclear Energy Forum being held in Japan’s Sapporo alongside the meeting of Group of Seven (G7) ministers on climate, energy and environment. It was published on the UK government website.
- Source: NEI Magazine
- Date: Thursday, 20 April 2023
- Original article: neimagazine.com/news/newsfive-g7-nations-aim-to-cut-dependence-on-russian-nuclear-technology-10770200
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
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
Hungary will veto any EU sanctions imposed on Russian nuclear energy organisations and enterprises, Hungarian Prime Minister Viktor Orban told the morning programme one Kossuth radio.
- Source: NEI Magazine
- Date: Wednesday, 01 February 2023
- Original article: neimagazine.com/news/newshungary-will-veto-any-eu-sanctions-against-russias-nuclear-sector-10558203
Italy is a steadfast partner in the challenges facing the International Atomic Energy Agency (IAEA) today with a long history of achievements in the nuclear field, IAEA Director General Rafael Mariano Grossi commented, as he travelled to Rome. During his two-day visit, Grossi met with Italy’s President and Foreign Minister, as well as with Pope Francis. Discussions covered a variety of issues including nuclear safety and security in Ukraine, nuclear non-proliferation, and the role of nuclear science and technology in combating climate change.
- Source: NEI Magazine
- Date: Wednesday, 18 January 2023
- Original article: neimagazine.com/news/newsgrossi-holds-talks-with-italian-leaders-and-pope-francis-10523617