Latest News

Filters

Filter by tags: European Union Estonia Clear all tag filters

8 news articles found


The Nuclear Alliance, a French initiative comprising 16 European countries seeking to further develop nuclear power, has issued a statement calling on the European Commission (EC) to recognise nuclear energy in the EU's energy strategy and relevant policies. The statement came after a meeting in Paris with European Commissioner for Energy Kadri Simson.

Date: Friday, 19 May 2023
Original article: neimagazine.com/news/newsalliance-urges-eu-recognition-of-nuclear-energy-10862117

Nuclear could provide up to 150 GWe of generating capacity by 2050 in the European Union, according to a statement issued by 16 European countries following a meeting in Paris with European Commissioner for Energy Kadri Simson. The so-called Nuclear Alliance called on the European Commission to recognise nuclear energy in the EU's energy strategy and relevant policies.

Date: Thursday, 18 May 2023
Original article: world-nuclear-news.org/Articles/Alliance-calls-for-greater-European-support-for-nu

‘Now is not too soon to start planning for restoration’ Eco-Optima’s director of development Taras Fedak (left) and Fermi Energia’s chief executive officer Kalev Kallemets sign the agreement. Courtesy Fermi Energia Estonian small modular reactor developer Fermi Energia and Ukrainian energy company Eco-Optima have signed an agreement to study the potential deployment of a small modular reactor in Ukraine.

The two private companies signed the memorandum of understanding in Lviv, Ukraine, on Monday (28 November).

They said Fermi Energia has a practical understanding of EU energy policy, SMR deployment challenges, economics, risks and financing issues. It has the resources to “support Eco-Optima in consideration of SMR deployment in western Ukraine” where it is involved in natural gas extraction.

Fermi Energia said the companies intend to “support each other towards potential SMR deployment for district heating”. The MOU also covers technical assistance.

Date: Wednesday, 30 November 2022
Original article: nucnet.org/news/fermi-energia-signs-agreement-with-eco-optima-towards-reactor-deployment-11-2-2022

Laurentis managing director James Lauritsen (right) and Fermi Energia chief executive officer Kalev Kallemets signed the agreement at the Canadian Nuclear Association Conference. Courtesy Laurentis. Laurentis Energy Partners of Canada and Estonian energy company Fermi Energia have signed an agreement to work together to support the development of small modular reactors in Estonia.

The aim is to develop an efficient and reliable SMR deployment programme that will lead to successful licensing and financing of multiple SMR units in Estonia. This will help ensure affordable energy independence and decarbonisation.

Fermi Energia chief executive officer Kalev Kallemets said nuclear energy is clean and carbon-free, which is why the European Union has concluded it meets the criteria for sustainable financing as part of its sustainable finance taxonomy.

Estonia produces most of its electricity from oil shale or imports it from neighbouring countries. Since 2019, Fermi Energia has been researching the possibility of developing and commissioning SMRs in Estonia to ensure a stable, clean and secure electricity supply in all weathers.

Date: Thursday, 14 April 2022
Original article: nucnet.org/news/canada-s-laurentis-signs-agreement-to-work-with-fermi-energia-on-smr-programme-4-3-2022

Fatih Birol, head of the International Energy Agency (IEA) told the US-sponsored Partnership for Transatlantic Energy and Climate Cooperation’s (P-TECC’s) third ministerial conference in Warsaw, that nuclear power is important to support an emerging new global clean energy economy. However, global reactor capacity would need to increase threefold by 2050 to meet global net-zero emission targets.

Date: Tuesday, 05 October 2021
Original article: neimagazine.com/news/newsiea-head-tells-us-sponsored-conference-that-nuclear-is-important-for-climate-mitigation-9128635

Declaration signed at virtual conference calls for reactor deployment in Europe by 2030s Fermi Energia chief executive Kalev Kallemets (above left) told the conference the commpany aims to apply to the government to start the planning process for an SMR in late 2021. Estonian company Fermi Energia is raising capital to start the official planning process for new generation small modular reactor units and has signed a declaration with eight other firms and organisations calling for deployment in Europe by the 2030s.

The declaration calls for “a pragmatic approach” to SMR licensing to overcome licensing and regulatory challenges and reduce SMR project risk relating to nuclear regulation and the licensing process. It says SMR design standardisation must be facilitated “to the greatest extent possible”.

“In developing or updating the regulatory framework applicable to SMRs, host country nuclear regulatory bodies should seek to facilitate regulatory harmonisation,” the declaration says. “Regulatory frameworks should be based on International Atomic Energy Agency safety standards and European Union nuclear safety directives should be implemented.”

SMR host countries should also consider compatibility with relevant vendor and reference plants.

The declaration was signed during a virtual conference on SMR deployment in Estonia by Fermi Energia, Finland’s Fortum, Tractabel of Sweden, Vattenfall of Belgium, Synthos of Poland, the Czech Republic CEZ Group, Nuclearelectrica of Romania, the e-Lise Foundation of the Netherlands and the 18for0 lobby group from Ireland.

Date: Thursday, 11 February 2021
Original article: nucnet.org/news/fermi-energia-raising-capital-to-begin-smr-licensing-process-2-3-2021