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World leaders gathered in Brussels at the first ever Nuclear Energy Summit co-chaired by the Prime Minister of Belgium Alexander De Croo and the Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi. The Summit was the highest-level meeting to date exclusively focused on the topic of nuclear energy. It followed inclusion of nuclear energy in the Global Stocktake agreed at the UN Climate Change Conference (COP28) in Dubai in December 2023 and the launch of the IAEA’s Atoms4NetZero initiative.

Date: Wednesday, 27 March 2024
Original article: neimagazine.com/news/newsnuclear-energy-summit-attracts-world-leaders-11632691

Iran has resolved two outstanding inquiries from the International Atomic Energy Agency (IAEA) related to the presence of highly enriched uranium (HEU) particles at several sites. The confidential quarterly report by the IAEA, which is routinely leaked to the press, said inspectors no longer had questions on uranium particles found to be enriched to 83.7% at its underground Fordow facility. This had resulted in tension for the past several months although some resolution was achieved in March following a visit to Tehran by IAEA Director General Rafael Mariano Grossi. Iran had insisted at that time that those particles were a by-product of its current enrichment as particles can reach higher enrichment levels in fluctuations. “The agency informed Iran that, following its evaluation of the data, the agency had assessed that the information provided was not inconsistent with Iran’s explanation ... and that the agency had no further questions on this matter at this stage,” the report said.

Date: Wednesday, 07 June 2023
Original article: neimagazine.com/news/newsiaea-resolves-some-outstanding-issues-with-iran-10918237

Both countries bullish on role of reactors in drive to net zero Grant Shapps and Lee Chang-yang signed the agreement in Seoul. Courtesy South Korea ministry of trade, industry and energy. South Korea and the UK signed an agreement on Monday (10 April) to increase nuclear energy cooperation, including the possibility of South Korean businesses participating in the construction of new plants in the UK.

According to the South Korea’s ministry of trade, industry and energy, minister Lee Chang-yang and his counterpart Grant Shapps, the UK’s secretary of state for energy security and net zero, discussed during a meeting in Seoul various ways for cooperation in the nuclear power sector, including nuclear power plant design and construction, equipment manufacturing, nuclear power plant decommissioning, nuclear fuels, and small modular reactors.

“Korea has competitiveness in design, construction and equipment manufacturing of nuclear power plants while the U.K. has strengths in the decommissioning of nuclear plants and nuclear fuels,” Lee said. “The two countries can cooperate in a mutually beneficial way.”

Seoul said South Korea and the UK will also expedite talks on Korea Electric Power Corporation’s (Kepco) potential participation in new nuclear power plant construction in the UK.

Date: Tuesday, 11 April 2023
Original article: nucnet.org/news/agreement-could-lead-to-participation-in-uk-nuclear-projects-4-1-2023

Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.

New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.

On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.

Date: Tuesday, 10 January 2023
Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023

Seoul to resume construction of two units as president says building reactors is ‘global trend’ Work on Shin-Hanul-3 and Shin-Hanul-4 was halted in 2017 under the nuclear phaseout policy of the previous administration. Courtesy KHNP. South Korea has announced a new energy policy that calls for a “feasible and reasonable energy mix” with construction of the Shin-Hanul-3 and - 4 nuclear powers to resume and the aim of increasing the share of nuclear power to a minimum of 30% by 2030.

The policy effectively reverses the previous administration’s plans to phase out commercial nuclear energy.

Former president Moon Jae-in’s policy had been to retire the country’s 24 commercial reactors, which supply about 30% of its electricity generation, and refrain from building new ones.

By contrast, new president Yoon Suk-yeol, who took office earlier this year, is bullish on the need for South Korea to embrace nuclear energy. He has said building nuclear power plants is a global trend and essential to the reduction of carbon and energy security, noting that the EU had recently classified nuclear power as green energy in its sustainable finance taxonomy.

Date: Thursday, 07 July 2022
Original article: nucnet.org/news/new-energy-policy-reverses-phaseout-plans-and-targets-30-nuclear-share-in-2030-7-3-2022

The Director General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, on 12 July broke ground for a new facility that will help strengthen countries’ abilities to tackle nuclear terrorism in areas such as the illegal trafficking of nuclear material and the physical protection of facilities and major public events.

Date: Thursday, 15 July 2021
Original article: neimagazine.com/news/newsiaea-begins-construction-of-training-centre-to-counter-nuclear-terrorism-8896130

The International Atomic Energy Agency (IAEA) has begun construction at its Seibersdorf facility near Vienna of a new building that will house a nuclear security training centre. The IAEA Nuclear Security Training and Demonstration Centre - scheduled to be operational in 2023 - will help strengthen countries' abilities to tackle nuclear terrorism in areas such as the illegal trafficking of nuclear material and the physical protection of facilities and major public events.

Date: Wednesday, 14 July 2021
Original article: world-nuclear-news.org/Articles/Work-starts-on-IAEA-nuclear-security-training-faci

A common misconception about advanced nuclear technologies is that they are largely conceptual and will not be commercialised in time to contribute to meeting near-term climate goals, but a comprehensive look at global efforts to develop advanced nuclear reveals rapid progress towards commercialisation and operation, write Clean Air Task Force, ClearPath, Nuclear Innovation Alliance, Pillsbury and Third Way.

Date: Saturday, 10 July 2021
Original article: world-nuclear-news.org/Articles/Viewpoint-Advanced-reactor-development-makes-rapid

The pace of the clean energy transition was debated last week during the St Petersburg International Economic Forum (SPIEF). Panellists in the session Energy Sector Transformations discussed how the rapid growth in energy consumption, together with increasingly pressing requirements to protect the environment, are creating new development scenarios at a time of transformation for the global fuel and energy sector.

Date: Thursday, 10 June 2021
Original article: world-nuclear-news.org/Articles/St-Petersburg-forum-debates-route-to-carbon-neutra