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World leaders gathered in Brussels at the first ever Nuclear Energy Summit co-chaired by the Prime Minister of Belgium Alexander De Croo and the Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi. The Summit was the highest-level meeting to date exclusively focused on the topic of nuclear energy. It followed inclusion of nuclear energy in the Global Stocktake agreed at the UN Climate Change Conference (COP28) in Dubai in December 2023 and the launch of the IAEA’s Atoms4NetZero initiative.

Date: Wednesday, 27 March 2024
Original article: neimagazine.com/news/newsnuclear-energy-summit-attracts-world-leaders-11632691

At the 28th Conference of the Parties to the original 1992 United Nations Framework Convention on Climate Change (COP28), 22 countries signed a declaration supporting tripling nuclear energy capacity by 2050. The document was signed by the heads of state, or senior officials, from Bulgaria, Canada, the Czech Republic, Finland, France, Ghana, Hungary, Japan, South Korea, Moldova, Mongolia, Morocco, the Netherlands, Poland, Romania, Slovakia, Slovenia, Sweden, Ukraine, the United Arab Emirates, the UK and the USA. China and Russia did not sign, although they have the world’s fastest growing and most ambitious nuclear power programmes.

Date: Wednesday, 06 December 2023
Original article: neimagazine.com/news/newscop28-22-countries-target-tripling-global-nuclear-energy-capacity-by-2050-11347824

An agreement has been signed by state-owned Polish utility Polskie Elektrownie Jadrowe (PEJ) with a consortium of US Westinghouse and Bechtel, which is being set up to design and build a NPP in Pomerania. The agreement, which sets out the rules for cooperation between PEJ and the Westinghouse-Bechtel consortium, is the result of intensive negotiations in recent months. These rules will apply to subsequent commercial contracts for the construction of a nuclear power plant in Pomerania.

Date: Thursday, 01 June 2023
Original article: neimagazine.com/news/newspej-signs-agreement-with-us-consortium-to-design-and-build-npp-in-pomerania-10900704

Election winner wants reactors to be ‘core engine to drive country’ A 2014 file photo of construction at the Shin-Hanul nuclear power station. Courtesy KHNP. The South Korean government is reviewing whether to set up a new long-term energy plan earlier than expected after president-elect Yoon Suk-yeol said he planned to bring back nuclear power generation to the list of the country’s major energy sources.

Reports in Seoul said the Ministry of Trade, Industry and Energy (Meti) is in talks with Mr Yoon’s transition team to establish the 4th Energy Basic Plan in the third quarter to include the energy policy of the incoming government.

South Korea has set the country’s Energy Basic Plan every five years, and the third plan was announced in June 2019. If the 4th plan is unveiled later this year, it would be set up two years earlier than the initial plan.

Outgoing president Moon Jae-in’s policy had been to retire the country’s 24 reactors, which supply about 30% of its electricity generation, and refrain from building new ones.

Date: Tuesday, 12 April 2022
Original article: nucnet.org/news/government-considers-new-energy-plan-after-president-elect-s-promise-to-bring-back-nuclear-4-1-2022

Policy uncertainty is ‘preventing industry from making investment decisions’ Policy uncertainty in a number of countries is preventing the nuclear industry from making investment decisions and “forthright recognition” by governments of the value of nuclear energy would encourage policymakers to explicitly include nuclear in their long-term energy plans and commitments under the Paris Agreement, the International Energy Agency has said.

The Paris-based agency said in a report on meeting climate goals that nuclear policy uncertainty is partly the result of inconsistencies between stated policy goals – such as climate change mitigation – and policy actions.

While some countries maintain they can meet decarbonisation objectives while phasing out nuclear (Belgium, Germany, Spain, Switzerland) or reducing its share (France), others continue to recognise the need to increase nuclear reliance: China, Russia, India, Argentina, Brazil, Bulgaria, the Czech Republic, Egypt, Finland, Hungary, Poland, Saudi Arabia, the United Arab Emirates, the UK and Uzbekistan.

In late 2018, the EU long-term energy strategy clearly stated that nuclear power – together with renewables – will form the backbone of the EU power system in order to reach carbon neutrality by 2050, the IEA said. At the same time, ongoing EU taxonomy discussions regarding the eligibility of nuclear power generation for sustainability funding highlight the difficulties in recognising the contribution that nuclear energy makes to climate change mitigation.

Date: Friday, 12 June 2020
Original article: nucnet.org/news/agency-calls-for-forthright-recognition-of-nuclear-energy-6-4-2020

Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock of COVID-19, the French nuclear energy society (SFEN) wrote in a position paper published this week. Nuclear energy "ticks all three boxes" highlighted in the debate about the recovery - that investments should be in low-carbon, resilient and sovereign industries, it said.

Date: Saturday, 16 May 2020
Original article: world-nuclear-news.org/Articles/SFEN-Nuclear-essential-to-economic-recovery

The IAEA LEU bank in Kazakhstan. The International Atomic Energy Agency today received the second and final shipment of low-enriched uranium (LEU) at a purpose-built facility in Kazakhstan housing the agency’s LEU bank, which was established to provide assurance to countries about the supply of nuclear fuel.

The agency said in a statement that the delivery “completes the planned stock of the material that the IAEA LEU bank will hold, following the first shipment in October”.

The shipment came from Kazakhstan’s national atomic company Kazatomprom, the world’s largest producer of natural uranium. It delivered 28 cylinders of LEU to the facility at the Ulba Metallurgical Plant in the city of Ust-Kamenogorsk.

The uranium originated from Kazakhstan and was enriched at a facility in neighbouring Russia before the LEU was transported by train to the site in eastern Kazakhstan, where it was checked and officially accepted by IAEA experts.

Date: Wednesday, 11 December 2019
Original article: nucnet.org/news/final-shipment-arrives-at-kazakanhst-facility-12-2-2019

The International Atomic Energy Agency (IAEA) on 17 October took delivery of a shipment of low enriched uranium (LEU) at the purpose-built LEU Bank in Kazakhstan which is intended to provide assurance to countries about the availability of nuclear fuel. “With the arrival of the first shipment, the IAEA LEU Bank is now established and operational,” IAEA Acting Director General Cornel Feruta said. “It is the first time the Agency has undertaken a project of this legal, operational and logistical complexity.”

Date: Thursday, 24 October 2019
Original article: neimagazine.com/news/newsiaea-fuel-bank-begins-operation-7470035

The International Atomic Energy Agency took delivery of a shipment of low-enriched uranium (LEU) at a purpose-built facility in Kazakhstan on Thursday (17 October), officially establishing the agency’s LEU bank aimed at providing assurance to countries about the availability of nuclear fuel.

Owned by the IAEA and hosted by Kazakhstan, the bank is one of the agency’s most ambitious and challenging projects since it was founded in 1957. Plans for the facility were first passed by the IAEA board of governors in December 2010.

The bank has been fully funded by contributions from IAEA member states and other donors totalling $150m, covering estimated costs for 20 years of operation. Donors include the Nuclear Threat Initiative, the US, the European Union, the United Arab Emirates, Kuwait, Norway and Kazakhstan.

The bank offers a supply of last resort for IAEA member states that experience a supply disruption due to exceptional circumstances and are unable to secure nuclear power fuel from the commercial market, state-to-state arrangements or by any other means. It will be a physical reserve of 90 tonnes of LEU, the basic ingredient to fabricate fuel for nuclear power plants.

Date: Saturday, 19 October 2019
Original article: nucnet.org/news/first-delivery-sees-usd150-million-kazakhstan-facility-become-operational-10-5-2019