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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
Global nuclear power generation is forecast to grow by almost 3% annually on average through to 2026, reaching a new record high by 2025, according to the International Energy Agency (IEA). More than half of new reactors expected to become operational during the outlook period are in China and India.
- Source: World Nuclear News
- Date: Thursday, 25 January 2024
- Original article: world-nuclear-news.org/Articles/Nuclear-output-to-reach-new-record-by-2025,-says-I
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.
- Source: Nucnet
- 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 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
IAEA Director General Rafael Mariano Grossi and US Energy Secretary Jennifer Granholm closed the IAEA International Ministerial Conference on Nuclear Power in the 21st Century which ended in Washington DC on 28 October. Grossi made a global appeal to advance the benefits nuclear energy in face of a pessimistic new report on climate change and the ongoing energy crisis.
- Source: NEI Magazine
- Date: Tuesday, 01 November 2022
- Original article: neimagazine.com/news/newsiaea-international-ministerial-conference-concludes-in-washington-10133127
The urgent need to reduce emissions and slow global heating should involve the roll-out of more nuclear power stations, according to a new briefing released by the United Nations Economic Commission for Europe (UNECE) on 11 August. In the run up to the COP 21 meeting in Glasgow, UNECE argues that nuclear power can help deliver on the Paris Agreement and the 2030 Agenda for Sustainable Development. UNECE, set up in 1947, is one of five regional commissions of the United Nations. Its main aim is to promote pan-European economic integration. UNECE includes 56 member states in Europe, North America, Central Asia and Western Asia.
- Source: NEI Magazine
- Date: Thursday, 19 August 2021
- Original article: neimagazine.com/news/newsunece-says-nuclear-power-essential-to-achieve-climate-goals-9007938
Nuclear power, the largest source of carbon-free electricity generation today, should continue to be a pillar in the energy transition to a carbon-free future and in helping countries achieve energy security, GE says in a newly published 'positioning paper'. It says two parallel paths are needed: maximizing the lifetime output of the existing installed fleet and building new nuclear plants with best-in-class technology.
- Source: World Nuclear News
- Date: Friday, 25 June 2021
- Original article: world-nuclear-news.org/Articles/GE-outlines-nuclear-s-role-as-a-pillar-of-a-low-ca
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
A startup looking at proposals to build a small modular reactor in Estonia by the middle of next decade has said it is set to begin the process of site selection for a first unit.
Fermi Energia’s founder and chief executive officer Kalev Kallemets said in a television interview that no decision had been made about a site, but that authorities in the municipality of Viru-Nigula, in the north of the country, were interested.
Mr Kallemets said: “If we do not deal with this discussion and research today, then in 10 years it could be too late and the opportunity will be gone”. He said Estonia needs to consider new generation SMR technology to maintain energy independence and achieve climate neutrality.
He said an “optimistic scenario” provides for the first plat to begin operation in the early 2030s.
- Source: Nucnet
- Date: Tuesday, 28 January 2020
- Original article: nucnet.org/news/fermi-energia-to-begin-site-selection-for-first-smr-1-1-2020