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IEA’s new World Energy Outlook 2023 sees a phenomenal rise of clean energy technologies. It describes an energy system in 2030 in which clean technologies play a significantly greater role than today. This includes almost 10 times as many electric cars on the road worldwide; solar PV generating more electricity than the entire US power system does currently; renewables’ share of the global electricity mix nearing 50%, up from around 30% today; heat pumps and other electric heating systems outselling fossil fuel boilers globally; and three times as much investment going into new offshore wind projects than into new coal- and gas-fired power plants.

Source: NEI Magazine
Date: Wednesday, 01 November 2023
Original article: neimagazine.com/news/newsnuclear-plays-minor-role-in-iea-world-energy-outlook-2023-11258986

"A changing policy landscape is creating opportunities for a nuclear comeback," according to the International Energy Agency (IEA) in the latest edition of its World Energy Outlook, with nuclear generating capacity expected to increase from 417 GWe in 2022 to 620 GWe in 2050 in a scenario based on existing energy policies.

Source: World Nuclear News
Date: Wednesday, 25 October 2023
Original article: world-nuclear-news.org/Articles/IEA-sees-increasing-role-for-nuclear-in-energy-tra

The International Atomic Energy Agency (IAEA) has released its annual outlook for nuclear power in the coming decades, increasing its global growth projections for a third year. IAEA Director General Rafael Mariano Grossi announced the new projections, contained in the 137-page annual report “Energy, Electricity and Nuclear Power Estimates for the Period up to 2050”, during the opening of the IAEA’s 2nd International Conference on Climate Change and the Role of Nuclear Power 2023: Atoms4NetZero in Vienna.

Source: NEI Magazine
Date: Thursday, 12 October 2023
Original article: neimagazine.com/news/newsiaea-annual-projections-for-nuclear-increase-11209931

IAEA highlights recent completion of reactor projects in China, Russia and US

Source: Nucnet
Date: Wednesday, 04 October 2023
Original article: nucnet.org/news/new-techniques-undermining-common-argument-that-nuclear-plants-take-too-long-to-build-10-2-2023

In an update to its Net Zero Roadmap, published in 2021, the International Energy Agency (IEA) says the role of nuclear power has been revised upwards given recent policy support. In the updated net-zero emissions (NZE) scenario, nuclear generating capacity reaches 916 GWe in 2050, up from the 812 GWe given in the 2021 version.

Source: World Nuclear News
Date: Thursday, 28 September 2023
Original article: world-nuclear-news.org/Articles/IEA-sees-greater-role-for-nuclear-in-attaining-net

"A new clean energy economy is emerging - and emerging much faster than many realise," International Energy Agency (IEA) Executive Director Fatih Birol said at the launch of the agency's eighth World Energy Investment report.

Source: NEI Magazine
Date: Wednesday, 31 May 2023
Original article: neimagazine.com/news/newsiea-report-on-clean-energy-investments-says-little-about-nuclear-10897991

Renewables together with nuclear power are expected to meet the vast majority of the increase in global electricity demand over the next three years, making significant rises in the power sector's carbon emissions unlikely, according to a new International Energy Agency (IEA) report.

Source: World Nuclear News
Date: Friday, 10 February 2023
Original article: world-nuclear-news.org/Articles/IEA-highlights-nuclear-s-key-role-in-coming-years

Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.

New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.

On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.

Source: Nucnet
Date: Tuesday, 10 January 2023
Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023

Global optimism ‘rising’ about potential of reactors to help achieve net zero emissions Fatih Birol (left) and Rafael Grossi at the International Atomic Energy Agency discussion on nuclear power at Cop27 in Egypt. Courtesy IAEA. Nuclear power is making “a strong comeback”, but the international financial community has so far “failed” to provide the level playing field needed for nuclear to help the world tackle its most pressing challenges, from climate change to sustainable development, International Energy Agency (IEA) executive director Fatih Birol told the Cop27 United Nations climate conference in in Sharm El Sheikh, Egypt.

Birol told an International Atomic Energy Agency (IAEA) discussion on nuclear power: “I don’t give them a passing grade.”

“Countries that were saying goodbye to nuclear power, they are rethinking their plans,” Birol said, adding that the IEA had been engaged in talks with both Belgium and Germany.

“We are very happy that both governments are now in the process of postponing their nuclear phaseout plans, understanding the role that nuclear plays in addressing this energy security challenge,” he said.

In addition, another group of countries is now considering extending the lifetime of their existing nuclear power reactors to respond to this challenge, which is one of the cheapest forms of low carbon power, Birol said. Still another group of countries are rolling out plans to build new reactors, including seemingly “surprising” ones such as the Netherlands and Poland as well as Japan and South Korea.

Source: Nucnet
Date: Friday, 11 November 2022
Original article: nucnet.org/news/nuclear-making-strong-comeback-but-financial-community-has-failed-to-provide-level-playing-field-11-4-2022

In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero

Source: World Nuclear News
Date: Wednesday, 09 November 2022
Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle

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