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G7 ministers reaffirm net zero targets, condemn Russia, and offer only qualified support for nuclear
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
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
Uzbekistan's preparations to build its first nuclear power plant are gathering pace with a sense of making up for lost time. The Central Asian country became a member of the International Atomic Energy Agency (IAEA) as long ago as 1994, has 50 years of experience in nuclear research and is the world's fifth biggest producer of uranium.
- Source: World Nuclear News
- Date: Friday, 04 October 2019
- Original article: world-nuclear-news.org/Articles/The-most-experienced-newcomer-to-nuclear-power
The US administration on 2 November announced the reimposition of all US sanctions on Iran that had been lifted under the July 2015 Joint Comprehensive Plan of Action (JCPOA). This is the second raft of penalties reimposed since President Donald Trump withdrew from JCPOA in May, and they cover Iran's shipping, financial and energy sectors. The sanctions that come into force on 5 November penalise countries that do not stop importing Iranian oil and foreign companies that do business with blacklisted Iranian entities, including the central bank, a number of private financial institutions and state-run port and shipping companies. Eight countries, identified by officials as US allies, will receive temporary waivers allowing them to continue to import Iranian petroleum products for a limited period. Pompeo did not identify the countries to be granted the waivers. But according to numerous reports, these include India, South Korea, Turkey, Japan and Italy.
- Source: NEI Magazine
- Date: Monday, 05 November 2018
- Original article: neimagazine.com/news/newsusa-ramps-up-sanctions-on-iran-6835977
Nuclear energy has faced serious challenges in recent years because of several factors: competition from low gas prices, subsidised renewables and slow growth in electricity demand in certain markets. But because of several powerful forces we are seeing signs that this year nuclear energy will come roaring back, writes Jarret Adams.
- Source: World Nuclear News
- Date: Wednesday, 07 March 2018
- Original article: world-nuclear-news.org/Articles/Five-reasons-nuclear-energy-will-rebound-in-2018
Iranian officials and a visiting European Union (EU) delegation headed by European Union Foreign Policy Chief Federica Mogherini on 16 April signed various memoranda of understanding for cooperation on research. Iran's participation in the EU Horizon 2020 framework programme was also discussed, Iranian media reported. The European commission, and the Atomic Energy Organization of Iran (AEOI) issued a joint statement on cooperation in the peaceful uses of nuclear energy which would include establishment of a regular high-level dialogue meeting once a year (the Framework for Partnership on Nuclear Energy) to review topics of common interest in the nuclear field.
- Source: NEI Magazine
- Date: Tuesday, 19 April 2016
- Original article: neimagazine.com/news/newsiran-to-co-operate-with-europe-on-nuclear-4868249