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Netherlands-based nuclear energy development and consultancy company ULC-Energy has undertaken a study that investigated the potential to use civil nuclear technologies to power commercial maritime vessels. The study was commissioned by mining company and shipping charterer BHP, a major producer of commodities including iron ore, copper, nickel, and metallurgical coal. BHP has approximately 80,000 employees and contractors, primarily in Australia and the Americas. 

Date: Wednesday, 28 February 2024
Original article: neimagazine.com/news/newsbhp-to-consider-nuclear-powered-cargo-ships-11551624

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

A recent statement from Fitch Ratings casts doubt on any new nuclear construction in the US in the immediate future. Similar concerns were voiced during discussions at a full committee hearing of the Senate Committee on Energy & Natural Resources to Examine Opportunities and Challenges Associated with Advanced Nuclear Reactor Commercialisation.

Date: Wednesday, 06 December 2023
Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683

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.

Date: Wednesday, 06 December 2023
Original article: neimagazine.com/news/newscop28-22-countries-target-tripling-global-nuclear-energy-capacity-by-2050-11347824

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.

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

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.

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

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

Asian nation recently reversed policy on post-Fukushima reactor phaseout US energy secretary Jennifer Granholm and Japan’s industry minister Yasutoshi Nishimura during talks in Washington. Courtesy Twitter/@SecGranholm. The US and Japan have agreed to strengthen cooperation on developing and constructing next-generation advanced reactors, including small modular reactors, “within each country and third countries”.

Japan’s industry minister Yasutoshi Nishimura and US energy secretary Jennifer Granholm met in Washington to discuss the situation surrounding global energy security, strengthening clean energy cooperation, and the importance of clean energy transitions, including renewable energies and nuclear energy.

They said in a joint statement that in response to the energy impacts of Russia’s war against Ukraine, Japan’s Ministry of Economy, Trade and Industry of Japan and the US Department of Energy discussed the need for diverse and secure supplies of energy, noting support for investment in the US to improve energy security.

The two governments already announced plans in October to work together on helping Ghana introduce SMR technology. They want to make the African nation a regional SMR hub and deploy a Voygr SMR nuclear power plant developed by US-based NuScale.

Date: Thursday, 12 January 2023
Original article: nucnet.org/news/countries-to-strengthen-nuclear-cooperations-including-small-modular-reactors-1-3-2023