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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
The International Energy Agency’s (IEA’s) latest flagship report, “Financing clean energy transitions in emerging and developing economies,” barely mentions nuclear, except in passing, in its 237 pages. In his Foreword to the report, IEA Executive Director Dr Fatih Birol says the IEA “has made it crystal clear that countries around the world must urgently accelerate their transitions to clean energy” to stave off the worst effects of climate change and “to build a more healthy, prosperous and secure future where everyone has access to clean and affordable energy supplies”. He warns: “If energy transitions and clean energy investment do not quickly pick up speed in emerging and developing economies, the world will face a major fault line in efforts to address climate change and reach other sustainable development goals.” This is because most growth in global emissions in the coming decades is set to come from emerging and developing economies as they grow, industrialise and urbanise.
- Source: NEI Magazine
- Date: Friday, 11 June 2021
- Original article: neimagazine.com/news/newsiea-sees-no-place-for-nuclear-in-financing-clean-energy-transitions-in-emerging-economies-8810910
Sergey Kiriyenko, director general of Russian state nuclear corporation Rosatom, told journalists at the International Forum ATOMEXPO 2016 in Moscow on 31 May that the 10-year portfolio of Rosatom's orders for construction of NPPs will increase in 2016. "At the end of 2015, the order portfolio was $110bn. The 2016 we plan to finish at $136bn," he said, adding that 34 Russian design NPP units were now under construction in different regions of the world. He added that the cumulative portfolio of orders, including construction of NPPs, fuel supplies, uranium products delivery, services etc., exceeded $300bn.
- Source: NEI Magazine
- Date: Tuesday, 07 June 2016
- Original article: neimagazine.com/news/newsrosatom-signs-wide-ranging-deals-at-atomexpo-4915821