Filter by tags: United Kingdom Europe World War II Clear all tag filters
2 news articles found
The UK, as host of the next round of UN climate talks, must take the opportunity to show how nuclear energy is essential to decarbonisation, Tim Stone, chairman of the Nuclear Industry Association, said at a Westminster Energy Forum conference last week. "In fact, I would go as far as to say: No nuclear? No net zero."
- Source: World Nuclear News
- Date: Friday, 19 February 2021
- Original article: world-nuclear-news.org/Articles/Finance-need-not-be-harder-than-physics,-says-NIA
Nuclear schedules have been hit, but sector is less volatile
Only four new plants started construction in 2019, including Unit 2 at Hinkley Point in the UK.Photo courtesy EDF Energy.
Investment in global energy will fall by $400bn this year, the biggest slump in the industry’s history, as the Covid-19 pandemic fuels a collapse in energy demand.
The International Energy Agency said in a report the unprecedented investment slump follows the most severe plunge in energy demand since the second world war.
The IEA said the decline in investment is “staggering in both its scale and swiftness” and will impact every major sector, from fossil fuels such as oil, gas and coal to renewable sources including wind and solar power.
The International Energy Agency said in a report the unprecedented investment slump follows the most severe plunge in energy demand since the second world war.
The IEA said the decline in investment is “staggering in both its scale and swiftness” and will impact every major sector, from fossil fuels such as oil, gas and coal to renewable sources including wind and solar power.
The IEA said the decline in investment in areas such as clean energy technology could undermine the transition to renewable, sustainable sources of energy.
- Source: Nucnet
- Date: Thursday, 28 May 2020
- Original article: nucnet.org/news/investment-in-global-energy-generation-to-fall-by-usd400-billion-5-3-2020