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Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

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.

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

A policy and market environment that unlocks the mitigation potential of nuclear power will enable countries to adopt more ambitious targets in their Nationally Determined Contributions (NDCs) under the Paris Agreement, a paper prepared by Hal Turton, an energy economist in the Department of Nuclear Energy at the International Atomic Energy Agency shows. The paper, Nuclear Power and Climate Change: Scenario Perspectives to 2050, was presented last week at the Vienna-based agency's first international conference on climate change and the role of nuclear power.

Date: Thursday, 17 October 2019
Original article: world-nuclear-news.org/Articles/The-untapped-potential-of-nuclear-under-the-Paris