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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

Spanish, French and Slovakian engineering firms IDOM, Assystem and VUJE have set up the NUClear Engineering Alliance (NUCEAL) to support the development of EDF’s projects in the European Union. The joint venture was launched in Lyon, France, in the presence of French Minister for Energy Transition Agnès Pannier-Runacher.

Source: NEI Magazine
Date: Friday, 23 June 2023
Original article: neimagazine.com/news/newsnuclear-engineering-alliance-formed-to-support-edfs-european-projects-10959071

2023 promises to be the start of a new era for nuclear power in the European Union, after a July EU parliament vote to include nuclear power in the union’s sustainable development taxonomy as a “green” energy source. Here’s our quick rundown of what that decision means for the future of nuclear power technology and implementation.

Source: NEI Magazine
Date: Thursday, 02 March 2023
Original article: neimagazine.com/news/newsreuter-stokes-smr-technology-poised-to-leverage-the-eus-green-nuclear-decision-10641799

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

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.

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