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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.

Source: NEI Magazine
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

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

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

A Memorandum of Understanding (MoU) between Framatome and Exelon Generation will see the two companies work towards the production of cobalt-60 (Co-60) in pressurised water reactors (PWRs) for medical and industrial uses.

Source: World Nuclear News
Date: Thursday, 06 January 2022
Original article: world-nuclear-news.org/Articles/Framatome-and-Exelon-to-explore-Co-60-production

Westinghouse Electric Company and EDF have signed a Memorandum of Understanding (MoU) to produce cobalt-60 in selected pressurised water reactors (PWRs) owned and operated by EDF in France. The agreement is the first step towards production in Europe of the radioisotope for medical uses, the companies said.

Source: World Nuclear News
Date: Friday, 03 December 2021
Original article: world-nuclear-news.org/Articles/MoU-aims-to-produce-Co-60-in-French-PWRs

All realistic options that might contribute to global net-zero must be considered, the Generation IV International Forum (GIF) has said in an open letter to COP26 President Alok Sharma. Nuclear systems and advanced reactors - such as Generation IV systems - can contribute to a net-zero society alongside renewable energies, it says.

Source: World Nuclear News
Date: Saturday, 30 October 2021
Original article: world-nuclear-news.org/Articles/GIF-calls-for-nuclear-s-inclusion-in-COP26-discuss

In the run up to the 26th United Nations Climate Change Conference, COP26 in November, the International Atomic Energy Agency (IAEA) has published a comprehensive report setting out how nuclear techniques can help the world adapt to a changing climate and become more resilient to extreme weather events.

Source: NEI Magazine
Date: Tuesday, 19 October 2021
Original article: neimagazine.com/news/newsiaea-releases-two-reports-in-run-up-to-cop26-9162429

The International Atomic Energy Agency (IAEA) has made the full case for nuclear to be deployed rapidly to enable the phase out of coal in a new Nuclear Energy for a Net Zero World brochure. The organisation is taking it to next month's COP26 climate change meeting to argue for evidence-based policy and "ramped up" investment in nuclear.

Source: World Nuclear News
Date: Tuesday, 19 October 2021
Original article: world-nuclear-news.org/Articles/IAEA-takes-the-case-for-nuclear-to-COP26

President says Europe ‘will never have’ enough renewable energy capacity Mr Macron said France’s nuclear plants are a major asset for producing clean hydrogen. Courtesy Elysée Palace. French president Emmanuel Macron said that by 2030 France must be a leader in carbon-free power production with one small modular reactor in operation and nuclear plants used to produce clean hydrogen through electrolysis.

Mr Macron said Europe will never have enough renewable energy capacity to produce sufficient green hydrogen and that France’s nuclear plants are a major asset for producing green hydrogen.

Mr Macron made the comments as he unveiled a five-year investment plan on Tuesday aimed at fostering industrial champions and innovation.

“We must wage the battle of innovation and industrialisation at the same time,” the French president told a gathering of business leaders and young entrepreneurs, unveiling plans to invest €30bn to “re-industrialise” the country.

Source: Nucnet
Date: Wednesday, 13 October 2021
Original article: nucnet.org/news/macron-announces-plans-for-first-smr-and-green-hydrogen-from-nuclear-plants-by-2030-10-2-2021

Nuclear energy, as an asset class, has the potential to report well against a wide range of Environmental, Social and Governance (ESG) data collection and accounting metrics, according to a new report from the Generation IV International Forum (GIF). This should allow nuclear energy to be considered as an investable asset class, thereby allowing nuclear companies and projects to access climate finance.

Source: World Nuclear News
Date: Wednesday, 08 September 2021
Original article: world-nuclear-news.org/Articles/GIF-highlights-nuclear-s-ESG-attributes

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