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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.

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

Ukrainian nuclear utility Energoatom says it has begun transporting used nuclear fuel from its operating reactors to the newly built and commissioned Holtec-engineered Central Spent Fuel Storage Facility (CSFSF) known as a Consolidated Interim Storage (CIS) Facility in the US. The CSFSF is expected to save approximately $200m a year compared with the previous practice of transporting used fuel to Russia for reprocessing. “Today, Ukraine is entirely self-sufficient in the strategically crucial area of storage and management of the used nuclear fuel discharged by its reactors eliminating a critical constraint in the continued generation of electricity by the nation’s nine reactors,” Energoatom noted.

Source: NEI Magazine
Date: Wednesday, 03 January 2024
Original article: neimagazine.com/news/newsoperations-begin-at-ukraines-used-fuel-dry-storage-facility-11406011

During South Korean President Yoon Suk Yeol‘s state visit to the Netherlands an agreement was signed to cooperate on nuclear power, including a feasibility study by Korea Hydro & Nuclear Power (KHNP) for the construction of a NPP in the Netherlands.

Source: NEI Magazine
Date: Wednesday, 20 December 2023
Original article: neimagazine.com/news/newssouth-korea-and-netherlands-agree-on-nuclear-co-operation-11383549

Korea Hydro & Nuclear Power (KHNP) has been contracted to conduct a feasibility study into the construction of two Korean-supplied reactors at the Borssele nuclear power plant site in the Netherlands. The contract comes as the South Korean and Dutch governments sign a memorandum of understanding to cooperate on nuclear energy.

Source: World Nuclear News
Date: Friday, 15 December 2023
Original article: world-nuclear-news.org/Articles/Feasibility-study-for-Korean-reactors-at-Borssele

Construction company BAM Infra Netherlands, nuclear project company ULC-Energy and Rolls-Royce SMR have signed letters of intent to collaborate on deployment of small modular reactors (SMRs) in the Netherlands. The aim is to accelerate the energy transition by through serial production of standardised reactors for the Netherlands.

Source: NEI Magazine
Date: Saturday, 11 November 2023
Original article: neimagazine.com/news/newscollaboration-to-explore-deployment-of-rolls-royce-smrs-in-the-netherlands-11287208

New agreement announced with Dutch construction firm

Source: Nucnet
Date: Friday, 10 November 2023
Original article: nucnet.org/news/uk-smr-company-eyes-deployment-of-reactor-fleet-in-netherlands-11-4-2023

The Roadmaps to New Nuclear conference, organised by the French Ministry for Energy Transition and the OECD’s Nuclear Energy Agency (NEA) in Paris, resulted in two communiques signed by energy ministers and industry representatives emphasising the need for nuclear energy.

Source: NEI Magazine
Date: Tuesday, 03 October 2023
Original article: neimagazine.com/news/newsfrance-and-nea-host-conference-to-promote-nuclear-energy-11186484

Representatives of the nuclear industry in OECD nations, and representatives of the governments of 20 countries, have issued communiqués committing to work together to expand nuclear energy capacity, after the inaugural Roadmaps to New Nuclear conference organised by the OECD Nuclear Energy Agency (NEA) and the French government.

Source: World Nuclear News
Date: Saturday, 30 September 2023
Original article: world-nuclear-news.org/Articles/Nuclear-groups-and-ministers-pledge-to-back-new-nu

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

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