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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
"A new clean energy economy is emerging - and emerging much faster than many realise," International Energy Agency (IEA) Executive Director Fatih Birol said at the launch of the agency's eighth World Energy Investment report.
- Source: NEI Magazine
- Date: Wednesday, 31 May 2023
- Original article: neimagazine.com/news/newsiea-report-on-clean-energy-investments-says-little-about-nuclear-10897991
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
In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle
The International Atomic Energy Agency (IAEA) has made the full case for nuclear to be deployed rapidly to enable the phase out of coal in a new Nuclear Energy for a Net Zero World brochure. The organisation is taking it to next month's COP26 climate change meeting to argue for evidence-based policy and "ramped up" investment in nuclear.
- Source: World Nuclear News
- Date: Tuesday, 19 October 2021
- Original article: world-nuclear-news.org/Articles/IAEA-takes-the-case-for-nuclear-to-COP26
Mr Macron said Europe will never have enough renewable energy capacity to produce sufficient green hydrogen and that France’s nuclear plants are a major asset for producing green hydrogen.
Mr Macron made the comments as he unveiled a five-year investment plan on Tuesday aimed at fostering industrial champions and innovation.
“We must wage the battle of innovation and industrialisation at the same time,” the French president told a gathering of business leaders and young entrepreneurs, unveiling plans to invest €30bn to “re-industrialise” the country.
- Source: Nucnet
- Date: Wednesday, 13 October 2021
- Original article: nucnet.org/news/macron-announces-plans-for-first-smr-and-green-hydrogen-from-nuclear-plants-by-2030-10-2-2021
After falling by about 1% in 2020 due to the impacts of the COVID-19 pandemic, global electricity demand will increase by 5% in 2021 and 4% in 2022, according to the International Energy Agency (IEA). However, almost half of this increase will be from fossil fuels - notably coal - threatening to push CO2 emissions from the power sector to record levels in 2022. Nuclear power generation is forecast to grow by around 1% in 2021 and by 2% in 2022.
- Source: World Nuclear News
- Date: Friday, 16 July 2021
- Original article: world-nuclear-news.org/Articles/Emissions-set-to-rise-with-growth-in-coal-use,-say
The European Union's clean energy transition "leaves a number of legacy technologies on the side" with an approach that is "more political economy than market economy", an analyst from S&P Global Ratings’ Infrastructure and Utilities practice said this week.
- Source: World Nuclear News
- Date: Thursday, 19 November 2020
- Original article: world-nuclear-news.org/Articles/S-P-sees-limited-role-for-nuclear-in-EU-energy-tra
The nuclear industry has merely scratched the surface of the flexible benefits of nuclear power, according to panellists in a conference held this week ahead of the 11th Clean Energy Ministerial (CEM11). The CEM11 side-event, Flexibility in Clean Energy Systems: The Enabling Roles of Nuclear Energy, included high-level speakers from the International Energy Agency (IEA), the OECD Nuclear Energy Agency (NEA), the International Atomic Energy Agency (IAEA), as well as government officials from Canada, the UK and the USA. Hosted by Saudi Arabia, CEM11 will take place on 22 September.
- Source: World Nuclear News
- Date: Friday, 18 September 2020
- Original article: world-nuclear-news.org/Articles/Nuclears-flexibility-is-the-magic-to-create-a-clea
The main challenges facing the nuclear industry are not in the production and delivery of electricity, but in securing the policy support required for it to expand its contribution of sustainable and low-carbon energy. This was the message of Philippe Costes, senior advisor at World Nuclear Assocation, to delegates at the Nuclear Power Plants Expo & Summit in Istanbul this week.
- Source: World Nuclear News
- Date: Friday, 06 March 2020
- Original article: world-nuclear-news.org/Articles/Speech-Policy-support-for-nuclear-in-the-global-en