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Global nuclear power generation is forecast to grow by almost 3% annually on average through to 2026, reaching a new record high by 2025, according to the International Energy Agency (IEA). More than half of new reactors expected to become operational during the outlook period are in China and India.

Source: World Nuclear News
Date: Thursday, 25 January 2024
Original article: world-nuclear-news.org/Articles/Nuclear-output-to-reach-new-record-by-2025,-says-I

"A new clean energy economy is emerging - and emerging much faster than many realise," International Energy Agency (IEA) Executive Director Fatih Birol said at the launch of the agency's eighth World Energy Investment report.

Source: NEI Magazine
Date: Wednesday, 31 May 2023
Original article: neimagazine.com/news/newsiea-report-on-clean-energy-investments-says-little-about-nuclear-10897991

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

Policymakers who ignore nuclear energy are not serious about meeting climate goals, delegates said at an Atlantic Council webinar last week. The first in the Raising Ambitions series, the event highlighted the attributes of this clean source of electricity and heat ahead of the Leaders’ Climate Summit, which the US Administration is hosting on 22-23 April.

Source: World Nuclear News
Date: Tuesday, 13 April 2021
Original article: world-nuclear-news.org/Articles/Nuclear-power-can-help-raise-climate-ambitions

Global electricity demand is set to decline 2% in 2020 due to the COVID-19 pandemic, according to the International Energy Agency's (IEA's) first ever Electricity Market Report, which was published today. Nuclear power generation is set to fall by about 4% this year, it says. Global electricity demand is forecast to grow by around 3% next year.

Source: World Nuclear News
Date: Tuesday, 15 December 2020
Original article: world-nuclear-news.org/Articles/IEA-charts-COVID-s-impact-on-electricity-market

The main challenges facing the nuclear industry are not in the production and delivery of electricity, but in securing the policy support required for it to expand its contribution of sustainable and low-carbon energy. This was the message of Philippe Costes, senior advisor at World Nuclear Assocation, to delegates at the Nuclear Power Plants Expo & Summit in Istanbul this week.

Source: World Nuclear News
Date: Friday, 06 March 2020
Original article: world-nuclear-news.org/Articles/Speech-Policy-support-for-nuclear-in-the-global-en

New-build projects are making progress, but governments are still struggling with finding the right financing package for large reactors The delayed Flamanville-3 is one of three EPR units under construction in Europe. The others are at Olkiluoto in Finland and Hinkley Point in the UK. Photo courtesy EDF. Western Europe

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

As a result of higher energy consumption, CO2 emissions rose 1.7% last year and hit a new record, according to the latest data from the International Energy Agency (IEA). The Paris-based agency’s Global Energy & CO2 Status Report, released today, shows that the global energy system emitted 33 billion tonnes of CO2 in 2018.

Source: World Nuclear News
Date: Tuesday, 26 March 2019
Original article: world-nuclear-news.org/Articles/IEA-demands-increase-in-clean-energy-as-emissions