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Over the last several years evidence has been mounting that a large expansion of nuclear energy capacity is indispensable for keeping global warning within 1.5°C limits. Multiple studies have confirmed that, contrary to the claims by “all-renewables” zealots, no single group of technologies can enable a timely and cost-efficient energy transition, and a diversified energy mix of low-carbon sources, including both intermittent renewables and nuclear, is needed to achieve net-zero by 2050. The most recent estimates suggest that the global nuclear energy installed capacity needs to increase 2.5-3 times from the current 370 GW to between 916 GWe and 1,160 GW by 2050.
- Source: NEI Magazine
- Date: Thursday, 28 December 2023
- Original article: neimagazine.com/news/newsglobal-smr-buildout-needs-a-new-marshall-plan-11398436
IAEA Director General Rafael Mariano Grossi and US Energy Secretary Jennifer Granholm closed the IAEA International Ministerial Conference on Nuclear Power in the 21st Century which ended in Washington DC on 28 October. Grossi made a global appeal to advance the benefits nuclear energy in face of a pessimistic new report on climate change and the ongoing energy crisis.
- Source: NEI Magazine
- Date: Tuesday, 01 November 2022
- Original article: neimagazine.com/news/newsiaea-international-ministerial-conference-concludes-in-washington-10133127
The US Department of Energy has approved a cost-share award of more than USD1 billion for the construction of the first NuScale small modular reactor power plant in the USA. Meanwhile, the US International Development Finance Corporation has signed a Letter of Intent to support NuScale in the development of nuclear generating capacity in South Africa.
- Source: World Nuclear News
- Date: Tuesday, 20 October 2020
- Original article: world-nuclear-news.org/Articles/US-government-backs-NuScale-projects-at-home-and-a