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Turkey is in talks with Russia, China and South Korea over its planned second and third nuclear power plants, and with the USA and United Kingdom over small modular reactors (SMRs), Energy Minister Alparslan Bayraktar is reported to have told a media briefing.

Date: Tuesday, 11 July 2023
Original article: world-nuclear-news.org/Articles/Turkey-aiming-for-20GW-of-nuclear-by-2050s

International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi has said he hopes to "reinforce" the agency's team of experts at the Zaporizhzhia nuclear power plant to reflect its expanded role which includes monitoring compliance with the five safety and security principles outlined at the United Nations last week.

Date: Tuesday, 06 June 2023
Original article: world-nuclear-news.org/Articles/IAEA-preparing-to-expand-team-at-Zaporizhzhia

Iran’s capacity to enrich uranium has doubled since Iran began its nuclear development programme, the Head of the Atomic Energy Organisation of Iran (AEOI) Mohammad Eslami has told a recent meeting of Iranian lawmakers. Eslami praised parliament for passing the “Strategic Action Plan to Lift Sanctions and Protect Iranian Nation’s Interests” in December 2020, saying the law had contributed to the development of Iran’s nuclear industry.

Date: Wednesday, 21 December 2022
Original article: neimagazine.com/news/newsiran-welcomes-increase-in-uranium-enrichment-capacity-10451635

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.

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.

Date: Thursday, 15 July 2021
Original article: neimagazine.com/news/newskpmg-looks-at-feasibility-of-newbuild-in-netherlands-8893831

Private investors need to see clear and consistent political support for nuclear energy as a way to tackle climate change if they are to play a role in raising the large amount of capital required for new-build projects, Stephen Vaughan, vice chair of Energy & Power at Rothschild & Co, said yesterday during World Nuclear Association's Strategic eForum on Sustainable Finance. Specifically, taxonomies must back investment in nuclear power, he said.

Date: Saturday, 20 March 2021
Original article: world-nuclear-news.org/Articles/New-nuclear-needs-positive-taxonomies-says-Rothsch

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.

Date: Friday, 05 March 2021
Original article: world-nuclear-news.org/Articles/Workshop-examines-nuclear-opportunities-beyond-ele

The Nuclear Industry Association of South Africa (Niasa) has outlined a range of options for financing new nuclear power plants.

Date: Saturday, 23 May 2020
Original article: neimagazine.com/news/newssouth-africas-niasa-looks-at-nuclear-financing-and-smrs-7936871

Government appears to favour ‘Boot’ model alread used by Russia Koeberg, near Cape Town, is the only commercial nuclear power station in South Africa. The Nuclear Industry Association of South Africa (Niasa) has proposed six possible funding options for new nuclear, but government officials have suggested the most likely is a “build, own, operate and transfer” (Boot) model similar to that used by Russia for project including Akkuyu in Turkey.

Niasa told Engineering News that the very high proportion of the cost of energy that comes from the repayment of capital means interest rates will be fundamental to the viability of any new nuclear project in South Africa.

The association said real interest rates – which are adjusted for inflation – on state debt could be in the range of 2% to 3%, while real interest rates on high risk equity finance could vary from 10% to 15%. It said this explains why some new nuclear projects such as state-supported projects in China could be very competitive while others, such as the private equity funded Hinkley Point C in the UK, needed some kind of state guarantee such as long-term power purchase agreements.

Niasa identified six financing options that could be used to fund a new nuclear programme. The first was state funding for the entire project or state provided sovereign loan guarantees using reserves and cash flows from state-owned companies, as was the case with the United Arab Emirates’ Barakah project.

Date: Wednesday, 20 May 2020
Original article: nucnet.org/news/industry-association-proposes-financing-options-for-new-build-5-2-2020