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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

Nuclear energy provides enormous opportunities to bring about a fast, cost-effective and just decarbonisation, World Nuclear Association Director General Sama Bilbao y León said yesterday in a COP26 event titled The Role of Nuclear Energy in a Net-Zero Future. Innovations in technologies - such as small modular reactors (SMRs) - and new ways of financing projects will help nuclear play its role in decarbonising the world, participants said.

Source: World Nuclear News
Date: Saturday, 06 November 2021
Original article: world-nuclear-news.org/Articles/Nuclear-a-vital-tool-in-achieving-decarbonisation,

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

China's two biggest state-owned nuclear power operators on 17 March a joint venture (JV), Hualong International Nuclear Power Technology Co, to export their Generation III Hualong One nuclear power reactor. The JV, based in Beijing is an equal joint venture between China General Nuclear Power Corp (CGN) and China National Nuclear Corp (CNNC). The company chairman is CGN's Zou Yongping and the general manager is CNNC's Xu Pengfei.

Source: NEI Magazine
Date: Friday, 18 March 2016
Original article: neimagazine.com/news/newschina-prepares-for-nuclear-exports-4843154