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World leaders gathered in Brussels at the first ever Nuclear Energy Summit co-chaired by the Prime Minister of Belgium Alexander De Croo and the Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi. The Summit was the highest-level meeting to date exclusively focused on the topic of nuclear energy. It followed inclusion of nuclear energy in the Global Stocktake agreed at the UN Climate Change Conference (COP28) in Dubai in December 2023 and the launch of the IAEA’s Atoms4NetZero initiative.
- Source: NEI Magazine
- Date: Wednesday, 27 March 2024
- Original article: neimagazine.com/news/newsnuclear-energy-summit-attracts-world-leaders-11632691
Leaders and representatives from 32 countries at the Nuclear Energy Summit backed measures in areas such as financing, technological innovation, regulatory cooperation and workforce training to enable the expansion of nuclear capacity to tackle climate change and boost energy security.
- Source: World Nuclear News
- Date: Friday, 22 March 2024
- Original article: world-nuclear-news.org/Articles/Leaders-back-nuclear-at-summit
Prague hopes to cut down new-build costs via a ‘package’ deal
- Source: Nucnet
- Date: Friday, 02 February 2024
- Original article: nucnet.org/news/government-seeks-binding-tenders-for-four-nuclear-reactors-from-edf-and-khnp-2-4-2024
Czech President Miloš Zeman on 27 September signed into law the Act on Measures for the Czech Republic's Transition to Low-Carbon Energy and on the Amendment of Act No 165/2000 Coll On Supported Energy Sources (known as Lex Dukovany). The law, allows a state-owned company to purchase electricity from new nuclear plants at a fixed rate for at least 30 years, with the possibility of extension. The power will be resold on the wholesale market and any profit or loss translated into an adjustment to power bills, although the government said it will set an upper limit on any extra cost.
- Source: NEI Magazine
- Date: Friday, 01 October 2021
- Original article: neimagazine.com/news/newsczech-energy-law-adopted-temelin-expansion-may-follow-new-dukovany-unit-9120810
The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.
The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.
However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.
According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.
- Source: Nucnet
- Date: Friday, 17 January 2020
- Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020