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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

Romanian nuclear utility SN Nuclearelectrica (SNN) and US-based NuScale Power have welcomed approval by the National Commission for the Control of Nuclear Activities (CNCAN - Comisia Na?ionala pentru Controlul Activita?ilor Nucleare) of the Licensing Basis Document (LBD) for NuScale’s small modular reactor (SMR). The LBD relates to NuScale’s VOYGR design – a 462 MWe NPP equipped with six 77 MWe SMRs.

Date: Wednesday, 04 October 2023
Original article: neimagazine.com/news/newsromanian-regulator-approves-licensing-document-for-nuscale-smr-11189125

US-based Westinghouse has launched its AP300 small modular reactor (SMR), a 300 MWe single-loop pressurised water reactor, which is a scaled-down version of its AP1000. Westinghouse claims it is the only SMR “truly based on an Nth-of-a-kind operating plant” and describes it as a “game-changer”.

Date: Thursday, 11 May 2023
Original article: neimagazine.com/news/newswestinghouse-launches-ap300-small-modular-reactor-10836205

The Nuclear Energy Agency (NEA) has recently published a 73-page study, which tracks the progress of selected small modular reactor (SMR) designs towards deployment. NEA says the SMR designs are at various stages of development, from fundamental research on new concepts to commercial deployment and operation of mature designs.

Date: Wednesday, 22 March 2023
Original article: neimagazine.com/news/newssmr-development-tracked-by-nea-and-iaea-studies-10691068

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