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The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies which treated it as peripheral. In its press release on the new report, IEA says the increase in electricity generation from renewables and nuclear "appears to be pushing the power sector's emissions into structural decline". Over the next three years, low-emissions generation is set to rise at twice the annual growth rate between 2018 and 2023. Global emissions from electricity generation are expected to decrease by 2.4% in 2024, followed by smaller declines in 2025 and 2026.
- Source: NEI Magazine
- Date: Friday, 26 January 2024
- Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539
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
World Nuclear Association commends the recent publication of the Complementary Delegated Act that recognises the fundamental sustainability of nuclear energy and elevates it into the EU’s sustainable finance taxonomy. Now the Commission must demonstrate its commitment to a truly technology neutral framework and make sure that criteria are consistent and scientifically justified, says World Nuclear Association Director General Sama Bilbao y León.
- Source: World Nuclear News
- Date: Friday, 28 January 2022
- Original article: world-nuclear-news.org/Articles/Viewpoint-Europes-clean-energy-dreams-should-incl
The workshop the International Energy Agency (IEA) and the International Atomic Energy Agency held jointly last week was very timely because the European Union is at an important juncture, and must consider the role of a variety of energy sources in its electricity mix if it is to achieve its decarbonisation goals, said Massimo Garribba, deputy director general of DG-Energy at the European Commission, adding that those sources include nuclear energy.
- Source: World Nuclear News
- Date: Tuesday, 09 March 2021
- Original article: world-nuclear-news.org/Articles/Nuclear-can-bring-balance-to-climate-debate-says-E
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.
- Source: World Nuclear News
- Date: Friday, 15 January 2021
- Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says
Fatih Birol, executive director of the International Energy Agency, today reiterated that all clean technologies, including nuclear, will be needed for a low-carbon economic recovery, while Frans Timmermans, executive vice-president of the European Commission, stressed that the Commission “would not stand in the way” of EU Member States that support nuclear power. Timmermans was speaking as Birol's guest in the latest edition of the IEA's Big Ideas speaker series
- Source: World Nuclear News
- Date: Tuesday, 27 October 2020
- Original article: world-nuclear-news.org/Articles/EU-Commission-will-not-hinder-pro-nuclear-countrie