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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

2023 promises to be the start of a new era for nuclear power in the European Union, after a July EU parliament vote to include nuclear power in the union’s sustainable development taxonomy as a “green” energy source. Here’s our quick rundown of what that decision means for the future of nuclear power technology and implementation.

Date: Thursday, 02 March 2023
Original article: neimagazine.com/news/newsreuter-stokes-smr-technology-poised-to-leverage-the-eus-green-nuclear-decision-10641799

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

US-based NuScale Power and Romania’s RoPower Nuclear have signed a contract for Front-End Engineering and Design (FEED) as a step towards deployment of a NuScale VOYGR small modular reactor (SMR) power plant in Romania. RoPower is owned in equal shares by Romania’s nuclear utility SN Nuclearelectrica and Nova Power & Gas. The new contract follows signing in June of a Memorandum of Understanding between NuScale and Nuclearelectrica to begin engineering studies, technical reviews, and licensing and permitting activities for the eight-month project.

Date: Friday, 06 January 2023
Original article: neimagazine.com/news/newsnew-contract-seeks-to-progress-nuscale-smr-deployment-in-romania-10490860