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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
The Spanish Nuclear Society (Sociedad Nuclear Española, SNE) has published a manifesto setting out the strategic importance of the country's nuclear power plants - and warned that there will be no turning back if current closure plans are allowed to go ahead.
- Source: World Nuclear News
- Date: Saturday, 11 March 2023
- Original article: world-nuclear-news.org/Articles/Nuclear-plants-vital-for-Spain,-manifesto-says
In its latest Energy Policy Review of Spain released on 26 May, the International Energy Agency (IEA) says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives for private investment.
- Source: NEI Magazine
- Date: Friday, 28 May 2021
- Original article: neimagazine.com/news/newsiea-report-on-spain-says-nuclear-phase-out-bears-watching-8773076
In a review of Spain's energy policy, the International Energy Agency (IEA) says the country should consider the usefulness of nuclear energy, including for non-electricity applications, for diversifying technical options to achieve long-term carbon neutrality by 2050. Under Spain's current policy, operation of its fleet of seven nuclear power reactors will be phased out by 2035. The country aims to generate all of its electricity from renewable sources by 2050.
- Source: World Nuclear News
- Date: Friday, 28 May 2021
- Original article: world-nuclear-news.org/Articles/Nuclear-could-help-Spain-reach-net-zero-goal-says
The report warns that “given the great challenge” for achieving carbon neutrality in 2050, the high level of nuclear technology infrastructure and skilled professionals in Spain could be used for developing and implementing long-term energy strategies including using nuclear to contribute to the decarbonisation of the electricity system and hard-to-abate sectors such as manufacturing and transport
Spain has decided to phase out its fleet of seven commercial nuclear reactors by 2035, but the report warns this might not be straightforward.
It says the government needs to closely monitor the financial situation of its “excellent” reactor fleet to prevent any unforeseen or sudden final shutdowns that could significantly deteriorate the security of electricity supply.
The phaseout of low-carbon nuclear, along with a planned phaseout of coal plants, means natural gas combined-cycle plants will be crucial to balancing out a power system that is heavily dependent on variable renewables once coal and nuclear have left the market.
- Source: Nucnet
- Date: Thursday, 27 May 2021
- Original article: nucnet.org/news/iea-says-madrid-should-not-rule-out-long-term-use-of-nuclear-technology-5-3-2021
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
The European Union's clean energy transition "leaves a number of legacy technologies on the side" with an approach that is "more political economy than market economy", an analyst from S&P Global Ratings’ Infrastructure and Utilities practice said this week.
- Source: World Nuclear News
- Date: Thursday, 19 November 2020
- Original article: world-nuclear-news.org/Articles/S-P-sees-limited-role-for-nuclear-in-EU-energy-tra
A surge in well-designed energy policies is needed to put the world on track for a resilient energy system that can meet climate goals, the International Energy Agency said today. Unveiling the latest edition of its flagship publication, the Paris-based organisation noted that worldwide low-carbon electricity generation from nuclear and renewable energies had exceeded coal-fired generation for the first time last year.
- Source: World Nuclear News
- Date: Wednesday, 14 October 2020
- Original article: world-nuclear-news.org/Articles/IEA-report-highlights-need-for-new-momentum-behind
The Paris-based agency said in a report on meeting climate goals that nuclear policy uncertainty is partly the result of inconsistencies between stated policy goals – such as climate change mitigation – and policy actions.
While some countries maintain they can meet decarbonisation objectives while phasing out nuclear (Belgium, Germany, Spain, Switzerland) or reducing its share (France), others continue to recognise the need to increase nuclear reliance: China, Russia, India, Argentina, Brazil, Bulgaria, the Czech Republic, Egypt, Finland, Hungary, Poland, Saudi Arabia, the United Arab Emirates, the UK and Uzbekistan.
In late 2018, the EU long-term energy strategy clearly stated that nuclear power – together with renewables – will form the backbone of the EU power system in order to reach carbon neutrality by 2050, the IEA said. At the same time, ongoing EU taxonomy discussions regarding the eligibility of nuclear power generation for sustainability funding highlight the difficulties in recognising the contribution that nuclear energy makes to climate change mitigation.
- Source: Nucnet
- Date: Friday, 12 June 2020
- Original article: nucnet.org/news/agency-calls-for-forthright-recognition-of-nuclear-energy-6-4-2020
Despite widespread expectations of another increase, global energy-related CO2 emissions stopped growing in 2019, according to International Energy Agency (IEA) data released today. After two years of growth, global emissions were unchanged at 33 gigatonnes in 2019 even as the world economy expanded by 2.9%.
- Source: World Nuclear News
- Date: Wednesday, 12 February 2020
- Original article: world-nuclear-news.org/Articles/Global-CO2-emissions-flatlined-in-2019-says-IEA