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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 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
The USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear clean energy programme, supporting Indonesia’s interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals. Coordinating Minister for Economic Affairs Airlangga Hartarto, US Ambassador to Indonesia Sung Y Kim, US Department of State Principal Deputy Assistant Secretary Ann Ganzer and the US Trade and Development Agency (USTDA) announced the Memorandum of Agreement during the Indo-Pacific Business Dialogue in Bali.
- Source: NEI Magazine
- Date: Thursday, 23 March 2023
- Original article: neimagazine.com/news/newsunited-states-and-indonesia-announce-partnership-on-smrs-10694620
“New reactors will be built in Sweden,” said Ebba Busch, whose Christian Democrat party belongs to an alliance that won the most seats in last month’s general election. The right-wing bloc is scheduled to become the Nordic nation’s next government in a parliamentary vote next week.
Sweden now joins other countries in Europe that are turning to nuclear power in response to record high energy prices and fears over the security of key infrastructure.
Swedes have debated nuclear power for decades, but the energy source has garnered popular support recently amid the ongoing power crunch.
- Source: Nucnet
- Date: Saturday, 15 October 2022
- Original article: nucnet.org/news/new-government-announces-plans-to-build-nuclear-power-plants-10-5-2022
Given the EU's legally binding 2050 comprehensive decarbonisation policy with adequate CO2 pricing, the closure of many large nuclear power plants in Belgium and Germany, and an EU-wide coal power phase out by 2030-2050 and the inability of intermittent renewable energy to supply the scale and quality of energy needed for continent-scale decarbonisation, there is a strong business case to deploy small modular reactors (SMRs) in the EU by 2040, writes Kalev Kallemets, co-founder and CEO of Fermi Energia.
- Source: World Nuclear News
- Date: Friday, 08 October 2021
- Original article: world-nuclear-news.org/Articles/Viewpoint-Energy-crisis-demands-quickly-scalable-S
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
Ultra Safe Nuclear Corporation (USNC) of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering (HEC) and the Korea Atomic Energy Research Institute (KAERI). The five-year agreement outlines goals for development of technologies that enhance the ability of the USNC Micro Modular Reactor (MMR) to produce and deliver carbon-free power, heat and hydrogen.
- Source: World Nuclear News
- Date: Thursday, 30 July 2020
- Original article: world-nuclear-news.org/Articles/USNC-enlists-Korean-expertise-to-develop-MMR-syste
A joint venture has been formed between Ultra Safe Nuclear Corporation (USNC) and Ontario Power Generation (OPG) to build, own and operate the proposed Micro Modular Reactor (MMR) project at the Chalk River Laboratories site. The joint venture – the Global First Power Limited Partnership – is owned equally by OPG and USNC-Power, the Canadian subsidiary of USNC.
- Source: World Nuclear News
- Date: Thursday, 11 June 2020
- Original article: world-nuclear-news.org/Articles/Joint-venture-established-for-Chalk-River-MMR-proj
Indonesia's National Atomic Energy Agency (Badan Tenaga Nuklir Nasional - Batan) announced in March that it had launched a roadmap for developing a detailed engineering design for its Experimental Power Reactor (Reaktor Daya Eksperimental - RDE).
- Source: NEI Magazine
- Date: Wednesday, 21 March 2018
- Original article: neimagazine.com/news/newsindonesia-looks-to-smrs-6089073