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Canada’s provincial government of Alberta will invest CAD7m ($5.1m) into a study by oil and gas producer Cenovus Energy on how small modular reactors (SMRs) could be used for future oilsands operations. Rebecca Schulz, Alberta’s Minister of Environment & Protected Areas, told a news conference at the World Petroleum Congress in Calgary that this is “just another example of how industry dollars are being reinvested back into industry to support innovation in emissions reduction”.

Source: NEI Magazine
Date: Wednesday, 27 September 2023
Original article: neimagazine.com/news/newsalberta-supports-study-on-smrs-11174062

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.

Source: Nucnet
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

The two leaders talked at their Moscow meeting about the construction of onshore and offshore small capacity nuclear reactors in Brazil.

Source: World Nuclear News
Date: Friday, 18 February 2022
Original article: world-nuclear-news.org/Articles/Russia,-Brazil-presidents-discuss-small-nuclear-pl

Failure to include a role for nuclear heat in mainstream scenarios proposed to achieve net-zero by 2050 is an opportunity lost, participants in a World Nuclear Association-hosted webinar, The role of nuclear beyond electricity, said yesterday.

Source: World Nuclear News
Date: Friday, 28 May 2021
Original article: world-nuclear-news.org/Articles/Nuclear-innovation-needed-for-decarbonisation-webi