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The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies which treated it as peripheral. In its press release on the new report, IEA says the increase in electricity generation from renewables and nuclear "appears to be pushing the power sector's emissions into structural decline". Over the next three years, low-emissions generation is set to rise at twice the annual growth rate between 2018 and 2023. Global emissions from electricity generation are expected to decrease by 2.4% in 2024, followed by smaller declines in 2025 and 2026.
- Source: NEI Magazine
- Date: Friday, 26 January 2024
- Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539
The Roadmaps to New Nuclear conference, organised by the French Ministry for Energy Transition and the OECD’s Nuclear Energy Agency (NEA) in Paris, resulted in two communiques signed by energy ministers and industry representatives emphasising the need for nuclear energy.
- Source: NEI Magazine
- Date: Tuesday, 03 October 2023
- Original article: neimagazine.com/news/newsfrance-and-nea-host-conference-to-promote-nuclear-energy-11186484
Representatives of the nuclear industry in OECD nations, and representatives of the governments of 20 countries, have issued communiqués committing to work together to expand nuclear energy capacity, after the inaugural Roadmaps to New Nuclear conference organised by the OECD Nuclear Energy Agency (NEA) and the French government.
- Source: World Nuclear News
- Date: Saturday, 30 September 2023
- Original article: world-nuclear-news.org/Articles/Nuclear-groups-and-ministers-pledge-to-back-new-nu
The Federation of Korean Industries (FKI) has released a report recommending that South Korea and the US should strengthen cooperation in the nuclear power export market, which is currently dominated by Russia and China. This should include building a supply chain together.
- Source: NEI Magazine
- Date: Saturday, 13 May 2023
- Original article: neimagazine.com/news/newsfederation-of-korean-industries-calls-for-korea-us-smr-alliance-10842422
Birol told an International Atomic Energy Agency (IAEA) discussion on nuclear power: “I don’t give them a passing grade.”
“Countries that were saying goodbye to nuclear power, they are rethinking their plans,” Birol said, adding that the IEA had been engaged in talks with both Belgium and Germany.
“We are very happy that both governments are now in the process of postponing their nuclear phaseout plans, understanding the role that nuclear plays in addressing this energy security challenge,” he said.
In addition, another group of countries is now considering extending the lifetime of their existing nuclear power reactors to respond to this challenge, which is one of the cheapest forms of low carbon power, Birol said. Still another group of countries are rolling out plans to build new reactors, including seemingly “surprising” ones such as the Netherlands and Poland as well as Japan and South Korea.
- Source: Nucnet
- Date: Friday, 11 November 2022
- Original article: nucnet.org/news/nuclear-making-strong-comeback-but-financial-community-has-failed-to-provide-level-playing-field-11-4-2022
In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle
PKN Orlen, a state-controlled fuels and energy company, said in a statement that the new venture will be called Orlen Synthos Green Energy. Synthos is a chemicals company and part of the largest private industrial group in Poland.
GEH and Synthos announced in October 2019 an agreement to collaborate on potential deployment applications for the BWRX-300 SMR in Poland.
Synthos has said it is interested in nuclear power for obtaining affordable, on-demand, carbon-free electricity.
The agreement covers a number of areas of reactor development and deployment, including financing, site selection and the production of energy and heat for the companies’ own needs and for municipal and commercial customers.
- Source: Nucnet
- Date: Wednesday, 08 December 2021
- Original article: nucnet.org/news/companies-create-jv-to-commercialise-and-deploy-microreactors-and-smrs-12-2-2021
Start-up nuclear energy company Fermi Energia on 16 February announced an initial investment round for a proposed reactor in Estonia, saying it will file a planning application later this year, ETV news show "Aktuaalne kaamera" (AK) reported. The new call for funding aims to complete a series of investments of €2.5 million ($3m) required to formally launch the planning project for deployment of a small modular reactor (SMR).
- Source: NEI Magazine
- Date: Friday, 19 February 2021
- Original article: neimagazine.com/news/newsestonias-fermi-energia-seeks-1m-to-launch-smr-planning-procedure-8532118
Estonia needs to put in place the necessary legislation and competencies if a small modular reactor (SMR) is to be in operation by 2035, speakers at a conference organised by Fermi Energia agreed yesterday. The Baltic country aims to stop generating electricity from oil shale by 2035, but has yet to officially launch a nuclear programme.
- Source: World Nuclear News
- Date: Thursday, 11 February 2021
- Original article: world-nuclear-news.org/Articles/No-time-to-waste-in-Estonian-SMR-deployment-confer
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.
- Source: World Nuclear News
- Date: Friday, 15 January 2021
- Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says