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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.

Source: Nucnet
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

The World Association of Nuclear Operators (WANO) has said it remains “deeply concerned” about the situation at Zaporizhzhia nuclear power plant (ZNPP), noting that plant operators were “facing unprecedented challenges in carrying out day-to-day operations and maintaining nuclear safety standards”.

Source: NEI Magazine
Date: Friday, 28 October 2022
Original article: neimagazine.com/news/newswano-expresses-concern-about-zaporizhzhia-npp-10122490

An International Atomic Energy Agency (IAEA) Support and Assistance Mission to Zaporizhzhia (ISAMZ) set out for Ukraine on the evening of 29 August to ensure nuclear safety and security at the Zaporizhzhia Nuclear Power Plant (ZNPP). Earlier that day IAEA Director General Rafael Mariano Grossi wrote on his Twitter page: "The IAEA support and assistance mission is already on its way to the Zaporizhzhia NPP. I am proud to be leading this mission, which will arrive at the ZNPP later this week.” He added that "it is necessary to protect the security of Ukraine and Europe's largest nuclear facility”.

Source: NEI Magazine
Date: Wednesday, 31 August 2022
Original article: neimagazine.com/news/newsiaea-team-sets-out-to-zaporizhzhya-npp-in-ukraine-9964014

Regional authorities confirm that the six-unit facility in southeast Ukraine has been seized by Russian forces The fire broke out in a training building outside the station in the early hours of Friday, after being shelled by Russian forces, Ukrainian authorities said.

What is the significance of the Zaporizhzhia nuclear power station?

Source: Nucnet
Date: Saturday, 05 March 2022
Original article: nucnet.org/news/everything-you-need-to-know-about-what-s-happening-at-europe-s-largest-nuclear-power-station-3-5-2022

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

International treaties governing nuclear security serve as frameworks based on shared experience, but they are not a substitute for practical and ongoing cooperation. This was one of the messages from delegates at NP1 - The Nuclear Power Conference Israel - Threats, Challenges, Opportunities.

Source: World Nuclear News
Date: Saturday, 05 December 2020
Original article: world-nuclear-news.org/Articles/Extending-nuclear-cooperation-to-the-Middle-East

A surge in well-designed energy policies is needed to put the world on track for a resilient energy system that can meet climate goals, the International Energy Agency said today. Unveiling the latest edition of its flagship publication, the Paris-based organisation noted that worldwide low-carbon electricity generation from nuclear and renewable energies had exceeded coal-fired generation for the first time last year.

Source: World Nuclear News
Date: Wednesday, 14 October 2020
Original article: world-nuclear-news.org/Articles/IEA-report-highlights-need-for-new-momentum-behind

The International Atomic Energy Agency (IAEA) said on 2 July that the recent detection of slightly elevated levels of radioisotopes in northern Europe is likely related to a nuclear reactor that is either operating or undergoing maintenance, when very low radioactive releases can occur. The geographical origin of the release has not yet been determined.

Source: NEI Magazine
Date: Wednesday, 08 July 2020
Original article: neimagazine.com/news/newsiaea-reports-on-elevated-radiation-levels-in-northern-europe-8013677

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.

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

Jadrová a vyradovacia spolocnost a.s. (JAVYS), has received a grant from The Bohunice International Decommissioning Support Fund (BIDSF), administered by the European Bank for Reconstruction and Development (the Bank) towards the cost of the project A3-A “Reconstruction of Area Protection System AKOBOJE”.

Source: NEI Magazine
Date: Monday, 23 August 2010
Original article: neimagazine.com/news/newsreconstruction-of-area-protection-system-slovak-republic-deadline-11-january-2011