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The general TCA draft, which was coined on 24 December after what the Commission called “intensive negotiations”, will define the terms of the future relationship between the UK and the EU.
The EC said the TCA is based on a free trade agreement, a new security partnership, and a governance agreement.
In addition to the TCA, the UK and the EU signed a nuclear cooperation agreement which is to define the future of the UK’s relationship with the European Atomic Energy Community (Euratom), one of the EU pillar treaties.
Euratom governs trade in nuclear materials and technology, ensures the security of nuclear energy supply, and enables, research, infrastructure and funding of nuclear energy. For the UK, leaving the EU meant the country would also leave the Euratom treaty.
- Source: Nucnet
- Date: Wednesday, 30 December 2020
- Original article: nucnet.org/news/uk-and-eu-reach-post-brexit-nuclear-cooperation-agreement-12-2-2020
Today marks the 60th anniversary of the continued operations of the Euratom Supply Agency. When the European Atomic Energy Community (Euratom) was established in 1958, its founding Treaty of Rome recognised the necessity to ensure a regular and equitable supply of nuclear materials to all consumers in the Community.
- Source: World Nuclear News
- Date: Tuesday, 02 June 2020
- Original article: world-nuclear-news.org/Articles/Euratom-Supply-Agency-marks-diamond-anniversary
The European Commission's (EC's) latest Nuclear Illustrative Programme (Pinc) puts the projected cost of investments in the complete nuclear fuel cycle in the European Union (EU) for 2015 to 2050 at €650- 760bn ($738-863bn). Investment in new nuclear stations needed to replace ageing nuclear reactors to maintain a stable nuclear generation capacity over the next 35 years will amount to €350-450bn, Pinc says. Some 90% of the existing nuclear capacity will need replacing by 2050. As a low carbon technology and significant contributor to security of supply, nuclear energy is expected to remain an "important component" of the EU's energy mix in 2050, the report concludes.
- Source: NEI Magazine
- Date: Wednesday, 06 April 2016
- Original article: neimagazine.com/news/newsec-takes-detailed-look-at-europes-nuclear-future-4857950