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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.

Date: Friday, 26 January 2024
Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539

Global nuclear power generation is forecast to grow by almost 3% annually on average through to 2026, reaching a new record high by 2025, according to the International Energy Agency (IEA). More than half of new reactors expected to become operational during the outlook period are in China and India.

Date: Thursday, 25 January 2024
Original article: world-nuclear-news.org/Articles/Nuclear-output-to-reach-new-record-by-2025,-says-I

"A new clean energy economy is emerging - and emerging much faster than many realise," International Energy Agency (IEA) Executive Director Fatih Birol said at the launch of the agency's eighth World Energy Investment report.

Date: Wednesday, 31 May 2023
Original article: neimagazine.com/news/newsiea-report-on-clean-energy-investments-says-little-about-nuclear-10897991

Renewables together with nuclear power are expected to meet the vast majority of the increase in global electricity demand over the next three years, making significant rises in the power sector's carbon emissions unlikely, according to a new International Energy Agency (IEA) report.

Date: Friday, 10 February 2023
Original article: world-nuclear-news.org/Articles/IEA-highlights-nuclear-s-key-role-in-coming-years

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

Opening the International Atomic Energy Agency’s (IAEA’s) Atoms4Climate pavilion at United Nations climate change conference, COP27, in Sharm El-Sheikh, Egypt, IAEA Director General Rafael Mariano Grossi said nuclear science and technology are part of the solution to both mitigating greenhouse gas emissions and adapting to climate change impacts.  

Date: Tuesday, 15 November 2022
Original article: neimagazine.com/news/newsgrossi-active-at-cop27-10350059

In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero

Date: Wednesday, 09 November 2022
Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle

China leading in nuclear power investment IEA director-general Fatih Birol presenting the World Energy Investment 2022 report at an online event this week. Image courtesy IEA. Global energy investment is expected to increase by 8% in 2022, well above pre-pandemic levels in 2019, but a much higher growth pace is needed for clean technologies, including nuclear, to be on track for a 1.5°C stabilisation of the rise in global average temperatures, a new report by the International Energy Agency (IEA) found.

The IEA’s World Energy Investment report said global energy investment this year is projected to reach $2.4tn (€2.28tn), with the bulk going into renewables and grids.

However, almost half of the increase in capital spending is linked to higher costs due to supply chain pressures instead of bringing additional energy supply capacity or savings.

Date: Friday, 24 June 2022
Original article: nucnet.org/news/global-clean-energy-investment-beats-pre-pandemic-levels-but-growth-insufficient-to-meet-climate-goals-6-4-2022

Countries have "re-appreciated" the value of nuclear power, International Energy Agency (IEA) Executive Director Fatih Birol said at COP26 today. Birol, who called for new build in Europe, North America and Asia, also said that national commitments made at COP26 would put the world on track to limit global warming to 1.8°C.

Date: Friday, 05 November 2021
Original article: world-nuclear-news.org/Articles/Birol-calls-for-nuclear-acceleration

The International Atomic Energy Agency (IAEA) has made the full case for nuclear to be deployed rapidly to enable the phase out of coal in a new Nuclear Energy for a Net Zero World brochure. The organisation is taking it to next month's COP26 climate change meeting to argue for evidence-based policy and "ramped up" investment in nuclear.

Date: Tuesday, 19 October 2021
Original article: world-nuclear-news.org/Articles/IAEA-takes-the-case-for-nuclear-to-COP26