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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
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
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