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Finnish energy firm Helen has signed a letter of intent with Steady Energy - developer of the LDR-50 small modular reactor (SMR) - with the aim of enabling an investment in a small-scale nuclear power plant for the production of district heating.

Source: World Nuclear News
Date: Wednesday, 04 October 2023
Original article: world-nuclear-news.org/Articles/Helen,-Steady-Energy-partner-for-Finnish-SMR-deplo

Britain's Rolls-Royce SMR has signed memorandums of understanding (MoUs) to explore the deployment of its small modular reactor (SMR) in Finland and Sweden, as well as to help post-war recovery in Ukraine.

Source: World Nuclear News
Date: Wednesday, 22 March 2023
Original article: world-nuclear-news.org/Articles/Finland,-Sweden-and-Ukraine-consider-Rolls-Royce-S

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.

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

A new report by the OECD Nuclear Energy Agency (NEA), “Beyond Electricity: The Economics of Nuclear Cogeneration”, published on 22 July says: “Nuclear energy is an important source of low-carbon electricity and plays a significant role in avoiding carbon emissions. It has the potential to contribute further to the decarbonisation of the world’s energy sector if it is also used to provide heat for industrial applications, which today mainly run on fossil fuels.”

Source: NEI Magazine
Date: Friday, 29 July 2022
Original article: neimagazine.com/news/newsnea-report-looks-at-nuclear-cogeneration-9883922

The priority for preventing irreversible climate change is decarbonisation, not the creation of energy systems which are 100% dependent on renewables, according to a new report from LucidCatalyst. It says expanding the use of nuclear energy could enable faster progress towards a sustainable and prosperous future for all.

Source: World Nuclear News
Date: Tuesday, 14 June 2022
Original article: world-nuclear-news.org/Articles/Beautiful-nuclear-must-be-included-in-energy-trans

Group ‘disappointed’ that reactors being treated as transitional technology Yves Desbazeille: ‘We remain disappointed that nuclear continues to be treated as a transitional technology’. The European nuclear energy industry has welcomed a decision to include nuclear in the bloc’s sustainable finance taxonomy under certain conditions, but warned that some of the criteria put forward will prove very challenging to attain.

“We remain disappointed that nuclear continues to be treated as a transitional technology,” said Foratom director-general Yves Desbazeille. “We firmly believe that it contributes to climate mitigation objectives and does not cause more harm than any other power-producing technology already considered as taxonomy compliant.”

According to the proposed regulations announced on 2 February, nuclear can be considered as taxonomy compliant as long as it meets several stringent conditions, including:

Source: Nucnet
Date: Saturday, 05 February 2022
Original article: nucnet.org/news/foratom-welcomes-decision-on-nuclear-but-warns-criteria-could-be-difficult-to-meet-2-4-2022

In the run up to the 26th United Nations Climate Change Conference, COP26 in November, the International Atomic Energy Agency (IAEA) has published a comprehensive report setting out how nuclear techniques can help the world adapt to a changing climate and become more resilient to extreme weather events.

Source: NEI Magazine
Date: Tuesday, 19 October 2021
Original article: neimagazine.com/news/newsiaea-releases-two-reports-in-run-up-to-cop26-9162429

If the world is to win the fight against climate change, it is vital that developing countries, including those on the African continent, adopt low-carbon electricity systems that can also keep pace with increased demand created by population growth. This was the message of Philippe Costes, senior advisor to the director general of World Nuclear Association, to participants in the Power & Electricity World Africa 2020 conference held on 6 November.

Source: World Nuclear News
Date: Friday, 13 November 2020
Original article: world-nuclear-news.org/Articles/Nuclear-power-can-speed-progress-in-the-developing

A surge in well-designed energy policies is needed to put the world on track for a resilient energy system that can meet climate goals, the International Energy Agency said today. Unveiling the latest edition of its flagship publication, the Paris-based organisation noted that worldwide low-carbon electricity generation from nuclear and renewable energies had exceeded coal-fired generation for the first time last year.

Source: World Nuclear News
Date: Wednesday, 14 October 2020
Original article: world-nuclear-news.org/Articles/IEA-report-highlights-need-for-new-momentum-behind