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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 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
China has set a target of building 30 nuclear units along the economic corridors of the new Silk Route, hoping to export its infrastructure to countries of Central and South Asia, the Middle East and even Europe, the China Daily reported on 3 March. China National Nuclear Corporation (CNNC) President, Sun Qin, announcing the plan,said China will face competition in a rapidly expanding sector, where around 70 countries aim to develop nuclear projects, including Russia, South Korea, Japan and the USA.
- Source: NEI Magazine
- Date: Friday, 04 March 2016
- Original article: neimagazine.com/news/newschina-looks-to-nuclear-export-and-innovation-4830184