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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.

Date: Friday, 26 January 2024
Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539

The agreement by Canada, France, Japan, the UK and USA to leverage their civil nuclear power sectors to ensure a stable supply of nuclear fuel for existing and future reactors came as G7 climate, energy and environment ministers concluded a two-day meeting with a promise to accelerate the phase-out of fossil fuels.

Date: Tuesday, 18 April 2023
Original article: world-nuclear-news.org/Articles/Five-G7-countries-in-nuclear-fuel-agreement

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.

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.

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

Sharm El-Sheikh marked the first time the global nuclear community had a large pavilion in the Blue Zone, at the heart of COP27, writes World Nuclear Association Director General Sama Bilbao y León. The pavilion, a partnership between the International Atomic Energy Agency (IAEA), World Nuclear Association and other nuclear organisations, was a focal point where people could visit and enquire about nuclear energy and the nuclear industry.

Date: Wednesday, 30 November 2022
Original article: world-nuclear-news.org/Articles/Viewpoint-Bilbao-y-Leon-reflects-on-nuclear-s-pres

Romanian nuclear utility Nuclearelectrica announced at the IAEA Atoms4Climate pavilion at COP 27, the signing of a Memorandum of Understanding (MOU) between RoPower Nuclear and Donalam SRL, part of European steel producer AFV Beltrame Group.

Date: Wednesday, 23 November 2022
Original article: neimagazine.com/news/newsnuclearelectrica-signs-mou-to-support-romanian-smr-development-10376570

The Canada Infrastructure Bank (CIB) has finalised an agreement with Ontario Power Generation (OPG) and committed $970 million towards Canada’s first small modular reactor (SMR). 

Date: Friday, 28 October 2022
Original article: neimagazine.com/news/newsfunding-announced-for-canadas-first-smr-10122891