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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

UK-based nuclear technology company newcleo has announced a strategic and industrial partnership with France's NAAREA designed "to support all players in their industrial, technological, scientific and regulatory development" of Generation IV fast neutron reactors.

Source: NEI Magazine
Date: Friday, 19 January 2024
Original article: neimagazine.com/news/newsnewcleo-and-naarea-partner-to-support-fast-reactor-development-11445892

Country becomes latest to turn to reactors for low-carbon energy security Vattenfall is majority owner of three operational reactors at Forsmark (pictured) and two at Ringhals. Sweden’s incoming government will ask state-run utility Vattenfall to plan and procure new nuclear power stations – potentially making the country one of an increasing number turning to commercial reactors as a source of low-carbon, baseload energy supply.

“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

An International Atomic Energy Agency (IAEA) team of experts has concluded a safety review of Romania’s process for selecting the site for a planned small modular reactor (SMR), which could become the first SMR built in Europe.

Source: NEI Magazine
Date: Thursday, 22 September 2022
Original article: neimagazine.com/news/newsiaea-concludes-first-ever-site-review-for-smr-10022015

NuScale aiming to deploy a Voygr plant at Doicesti The G7 summit took place in Schloss Elmau, south Germany on 26 June - 28 June 2022. Image courtesy European Council. The US government has decided to provide $14m (€13.2m) worth of funding for a front-end engineering and design study which is to provide the basis for the deployment of a small modular reactor (SMR) power plant in Romania.

US President Joe Biden made the announcement at this weekend’s G7 leaders’ summit in Schloss Elmau, Germany, where he presented US initiatives to form part of a newly set up Partnership for Global Infrastructure and Investment (PGII).

The PGII aims to reduce global infrastructure gaps, strengthen economies and supply chains and will mobilise $600bn for investment by 2027, about a third of which will be provided by the US.

Source: Nucnet
Date: Thursday, 30 June 2022
Original article: nucnet.org/news/us-pledges-funding-for-smr-development-in-romania-6-3-2022

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 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

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