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All realistic options that might contribute to global net-zero must be considered, the Generation IV International Forum (GIF) has said in an open letter to COP26 President Alok Sharma. Nuclear systems and advanced reactors - such as Generation IV systems - can contribute to a net-zero society alongside renewable energies, it says.
- Source: World Nuclear News
- Date: Saturday, 30 October 2021
- Original article: world-nuclear-news.org/Articles/GIF-calls-for-nuclear-s-inclusion-in-COP26-discuss
Nuclear energy, as an asset class, has the potential to report well against a wide range of Environmental, Social and Governance (ESG) data collection and accounting metrics, according to a new report from the Generation IV International Forum (GIF). This should allow nuclear energy to be considered as an investable asset class, thereby allowing nuclear companies and projects to access climate finance.
- Source: World Nuclear News
- Date: Wednesday, 08 September 2021
- Original article: world-nuclear-news.org/Articles/GIF-highlights-nuclear-s-ESG-attributes
Consultancy firm KPMG on 7 July released a report on nuclear energy market consultation, which discusses the conditions under which market parties are prepared to invest in NPPs in the Netherlands, what public support is required for this, and which regions are interested in establishing a nuclear plant. The 151-page report was compiled at the request of the House of Representatives in response to a motion by Klaas Dijkhoff put forward in September 2020. KPGM began work on the study on 8 February this year.
- Source: NEI Magazine
- Date: Thursday, 15 July 2021
- Original article: neimagazine.com/news/newskpmg-looks-at-feasibility-of-newbuild-in-netherlands-8893831
The goals of the Generation IV International Forum (GIF) - and the six reactor types that are its focus - remain as important today as they have always been, speakers at an international panel discussion held to mark the organisation's 20th anniversary agreed. Looking to the future, demonstration should become a focus to drive forwards to deployment of the technology.
- Source: World Nuclear News
- Date: Wednesday, 05 May 2021
- Original article: world-nuclear-news.org/Articles/Generation-IV-Forum-marks-anniversary
Decarbonising the power sector will not be enough on its own to reach climate goals, a joint high-level workshop held by the International Energy Agency (IEA) and the International Atomic Energy Agency heard yesterday. Applications of nuclear beyond power generation, including the production of low-carbon heat, hydrogen or other synthetic fuels, could significantly expand market opportunities for nuclear power and are especially relevant to achieving global net-zero emissions.
- Source: World Nuclear News
- Date: Friday, 05 March 2021
- Original article: world-nuclear-news.org/Articles/Workshop-examines-nuclear-opportunities-beyond-ele
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 2020 edition of the biennial International Atomic Energy Agency (IAEA) booklet, Advances in Small Modular Reactor Technology Developments provides the latest data and information on SMRs around the world, including detailed descriptions of 72 reactors under development or construction in 18 countries.
- Source: NEI Magazine
- Date: Wednesday, 04 November 2020
- Original article: neimagazine.com/news/newsnew-iaea-publication-looks-at-smr-development-8342387
The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.
The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.
However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.
According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.
- Source: Nucnet
- Date: Friday, 17 January 2020
- Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020
It has added to its portfolio projects to manufacture medical isotopes, develop process heat applications and deploy modelling software for use in designing advanced nuclear reactors.
In addition to its work on the Travelling Wave Reactor (TWR), the company has also begun, in cooperation with multiple US partners, to develop a molten chloride salt reactor (MCFR).
The TWR is designed to be capable of using fuel made from depleted uranium, which is currently a waste byproduct of the uranium enrichment process.
- Source: Nucnet
- Date: Wednesday, 18 December 2019
- Original article: nucnet.org/news/if-we-don-t-innovate-in-nuclear-other-countries-will-12-2-2019