Latest News

Filters

Filter by tags: United Kingdom China Germany India Poland Clear all tag filters

4 news articles found

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

Country becomes latest to turn to reactors for low-carbon energy security Vattenfall is majority owner of three operational reactors at Forsmark (pictured) and two at Ringhals. Sweden’s incoming government will ask state-run utility Vattenfall to plan and procure new nuclear power stations – potentially making the country one of an increasing number turning to commercial reactors as a source of low-carbon, baseload energy supply.

“New reactors will be built in Sweden,” said Ebba Busch, whose Christian Democrat party belongs to an alliance that won the most seats in last month’s general election. The right-wing bloc is scheduled to become the Nordic nation’s next government in a parliamentary vote next week.

Sweden now joins other countries in Europe that are turning to nuclear power in response to record high energy prices and fears over the security of key infrastructure.

Swedes have debated nuclear power for decades, but the energy source has garnered popular support recently amid the ongoing power crunch.

Source: Nucnet
Date: Saturday, 15 October 2022
Original article: nucnet.org/news/new-government-announces-plans-to-build-nuclear-power-plants-10-5-2022

Policy uncertainty is ‘preventing industry from making investment decisions’ Policy uncertainty in a number of countries is preventing the nuclear industry from making investment decisions and “forthright recognition” by governments of the value of nuclear energy would encourage policymakers to explicitly include nuclear in their long-term energy plans and commitments under the Paris Agreement, the International Energy Agency has said.

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

The events at Fukushima Daiichi nuclear power station in Japan have already impacted nuclear policies worldwide. Germany has shut down its oldest nuclear plants for a safety review. China and Switzerland have suspended the approval processes to build new reactors and safety reviews have been ordered in many countries.

Source: NEI Magazine
Date: Friday, 18 March 2011
Original article: neimagazine.com/news/newsinternational-impact-of-fukushima-daiichi-emergency