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"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.

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.

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 time of "global uncertainty, anxiety and fear" the world "must come together and recommit" to "nuclear non-proliferation, disarmament and to promote cooperation in the peaceful uses of nuclear energy", International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi has said.

Date: Wednesday, 03 August 2022
Original article: world-nuclear-news.org/Articles/Grossi-urges-world-to-recommit-to-nuclear-non-prol

The impetus for new build is being spurred by a need to reduce reliance on polluting coal China has 10 nuclear units under construction including two Generation III Hualong One plants at Fangchenggang. China, with its state nuclear companies backed by a government hungry for development, is the most active nation for building new nuclear power plants. That trend that is likely to continue, although confirming lucrative export deals for its reactor technology still runs far behind the pace set by Russia, which says it had 39 reactors under construction or planned overseas as of 2018.

This compares to only two reactors under construction overseas by China, both in Pakistan, although in the UK China has a stake in EDF’s Hinkley Point C project and plans for Chinese technology at Bradwell B. At Sizewell C in Suffolk EDF wants to build a clone of Hinkley Point C if it can attract enough private investment. CGN holds a 20% share.

The government has said it wants to build 30 reactors overseas by 2030. China and Russia both see Africa, where about 600 million people live without electricity, as something of a golden fleece and are pursuing nuclear agreements, which lay the groundwork for new-build, in a number of African nations. Small modular reactors and floating reactors could be an option for isolated areas. China has already said it is close to starting work on its first floating unit, but reliable details are few and far between.

The impetus for nuclear power in China is increasingly due to air pollution from coal-fired plants. To meet its climate goal as stipulated in the Paris agreement, China will need to reduce its coal power capacity by 40% over the next decade, according to Global Energy Monitor’s analysis. At present, this seems unrealistic. In addition to roughly 1,000 GW of existing coal capacity, China has 121 GW of coal plants under construction, which is more than is being built in the rest of the world combined.

Date: Friday, 24 January 2020
Original article: nucnet.org/news/china-keen-to-match-pace-set-by-russia-in-overseas-construction-1-4-2020

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.

Date: Monday, 05 November 2018
Original article: neimagazine.com/news/newsusa-ramps-up-sanctions-on-iran-6835977