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According to the Wall Street Journal (WSJ), Saudi Arabia is considering a Chinese proposal to build a NPP. Citing Saudi sources acquainted with the situation, WSJ said China National Nuclear Corp (SNNS) had submitted a bid to construct a nuclear plant in Saudi Arabia’s Eastern Province, close to the border with Qatar and the United Arab Emirates (UAE).
- Source: NEI Magazine
- Date: Wednesday, 30 August 2023
- Original article: neimagazine.com/news/newssaudi-arabia-reportedly-considers-chinese-bid-for-npp-11105735
The International Energy Agency’s (IEA’s) latest flagship report, “Financing clean energy transitions in emerging and developing economies,” barely mentions nuclear, except in passing, in its 237 pages. In his Foreword to the report, IEA Executive Director Dr Fatih Birol says the IEA “has made it crystal clear that countries around the world must urgently accelerate their transitions to clean energy” to stave off the worst effects of climate change and “to build a more healthy, prosperous and secure future where everyone has access to clean and affordable energy supplies”. He warns: “If energy transitions and clean energy investment do not quickly pick up speed in emerging and developing economies, the world will face a major fault line in efforts to address climate change and reach other sustainable development goals.” This is because most growth in global emissions in the coming decades is set to come from emerging and developing economies as they grow, industrialise and urbanise.
- Source: NEI Magazine
- Date: Friday, 11 June 2021
- Original article: neimagazine.com/news/newsiea-sees-no-place-for-nuclear-in-financing-clean-energy-transitions-in-emerging-economies-8810910
The US-led Leaders’ Summit on Climate, held on 22 and 23 April as a video conference, attracted 40 world leaders (presidents and prime ministers) including Russia’s President Vladimir Putin and Chinese President Xi Jinping. Also taking part were some 24 other speakers at ministerial level (environment, defence, economy) in addition to Pope Francis and United Nations Secretary-General António Guterres, as well as almost 40 heads of environmental organisations, indigenous communities and leading businessmen, including Bill Gates. The event coincided with Earth Day, an annual event first held in 1970.
- Source: NEI Magazine
- Date: Tuesday, 27 April 2021
- Original article: neimagazine.com/news/newsleaders-summit-on-climate-attracts-world-leaders-businessmen-and-environmentalists-8699323
US Secretary of State Antony Blinken yesterday called on heads of state to put their political differences to one side and make a collective effort to tackle global warming. Blinken moderated the first session of the Leaders Summit on Climate, which included Chinese President Xi Jinping and Russian President Vladimir Putin.
- Source: World Nuclear News
- Date: Saturday, 24 April 2021
- Original article: world-nuclear-news.org/Articles/Politics-should-not-detract-from-climate-policy,-s
The post-COVID economic recovery and the clean energy transition present a huge opportunity from which all nations can benefit, delegates at the IEA-COP26 Net Zero Summit agreed. Over 40 countries, covering more than 80% of global GDP, population and carbon emissions, took part in the event on 31 March to identify how to work together to meet the goals of the Paris Agreement. They included the USA, which re-joined the 2015 climate accord earlier this year.
- Source: World Nuclear News
- Date: Wednesday, 07 April 2021
- Original article: world-nuclear-news.org/Articles/Ministers-chart-the-path-to-COP26
As policymakers grapple with the twin challenges of climate change and a post-COVID economic recovery, the benefits of nuclear power are clearer than ever, but the industry still has some way to go in addressing perceptions of its alleged drawbacks with cost, safety and radioactive waste. This was the overriding message of the three panellists in a webinar held last week by Utilities Middle East in partnership with Russian state nuclear corporation Rosatom.
- Source: World Nuclear News
- Date: Friday, 01 January 2021
- Original article: world-nuclear-news.org/Articles/The-barrier-to-nuclear-is-perception,-says-panel
The nuclear industry has merely scratched the surface of the flexible benefits of nuclear power, according to panellists in a conference held this week ahead of the 11th Clean Energy Ministerial (CEM11). The CEM11 side-event, Flexibility in Clean Energy Systems: The Enabling Roles of Nuclear Energy, included high-level speakers from the International Energy Agency (IEA), the OECD Nuclear Energy Agency (NEA), the International Atomic Energy Agency (IAEA), as well as government officials from Canada, the UK and the USA. Hosted by Saudi Arabia, CEM11 will take place on 22 September.
- Source: World Nuclear News
- Date: Friday, 18 September 2020
- Original article: world-nuclear-news.org/Articles/Nuclears-flexibility-is-the-magic-to-create-a-clea
Exports of nuclear energy equipment and technology to meet the needs projected by the Intergovernmental Panel on Climate Change (IPCC) could be worth USD1.3-1.9 trillion to the USA over the period to 2050, a new report by consulting firm UxC has concluded.
- Source: World Nuclear News
- Date: Saturday, 01 August 2020
- Original article: world-nuclear-news.org/Articles/US-report-highlights-nuclear-export-opportunities
The impetus for new build is being spurred by a need to reduce reliance on polluting coal China has 10 nuclear units under construction including two Generation III Hualong One plants at Fangchenggang. China, with its state nuclear companies backed by a government hungry for development, is the most active nation for building new nuclear power plants. That trend that is likely to continue, although confirming lucrative export deals for its reactor technology still runs far behind the pace set by Russia, which says it had 39 reactors under construction or planned overseas as of 2018.
This compares to only two reactors under construction overseas by China, both in Pakistan, although in the UK China has a stake in EDF’s Hinkley Point C project and plans for Chinese technology at Bradwell B. At Sizewell C in Suffolk EDF wants to build a clone of Hinkley Point C if it can attract enough private investment. CGN holds a 20% share.
The government has said it wants to build 30 reactors overseas by 2030. China and Russia both see Africa, where about 600 million people live without electricity, as something of a golden fleece and are pursuing nuclear agreements, which lay the groundwork for new-build, in a number of African nations. Small modular reactors and floating reactors could be an option for isolated areas. China has already said it is close to starting work on its first floating unit, but reliable details are few and far between.
The impetus for nuclear power in China is increasingly due to air pollution from coal-fired plants. To meet its climate goal as stipulated in the Paris agreement, China will need to reduce its coal power capacity by 40% over the next decade, according to Global Energy Monitor’s analysis. At present, this seems unrealistic. In addition to roughly 1,000 GW of existing coal capacity, China has 121 GW of coal plants under construction, which is more than is being built in the rest of the world combined.
- Source: Nucnet
- Date: Friday, 24 January 2020
- Original article: nucnet.org/news/china-keen-to-match-pace-set-by-russia-in-overseas-construction-1-4-2020
Rosatom, the Russian state nuclear corporation, yesterday signed a series of agreements with overseas companies during the Atomexpo conference and exhibition being held this week in Sochi, Russia. The agreements, with Chile, China, Cuba, Finland, Hungary, Iran, Italy, Kazakhstan, Saudi Arabia, Serbia, Spain and Zambia, include the engineering and medical sectors, among others.
- Source: World Nuclear News
- Date: Wednesday, 16 May 2018
- Original article: world-nuclear-news.org/Articles/Rosatom-expands-overseas-links-with-new-agreements