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European industry body Foratom is hopeful that a new conversation around nuclear energy in light of the continent's gas crisis will bring the policy framework needed for it to make a major contribution to 2030 energy targets, a Moody's webinar heard.
- Source: World Nuclear News
- Date: Thursday, 04 November 2021
- Original article: world-nuclear-news.org/Articles/Evolution-in-EU-nuclear-debate
Foratom has welcomed the European Commission's proposed Fit for 55 to make the EU's climate, energy, land use, transport and taxation policies 'fit' for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels, but says the target leaves open key questions. How will be this transition financed? Will we have enough low-carbon energy to meet our needs? How can we ensure that industries are able to decarbonise their manufacturing processes whilst remaining competitive? And how can we mitigate potential social impacts (e.g. job losses and energy poverty)?
- Source: World Nuclear News
- Date: Friday, 16 July 2021
- Original article: world-nuclear-news.org/Articles/Nuclear-answers-the-open-questions-of-Fit-for-55,
The nuclear industry should work with policymakers on the design of market mechanisms that can produce a clear price signal to attract investors to this low-carbon form of electricity, Jostein Kristensen, partner with economics consultancy firm Oxera, told participants in World Nuclear Association's Strategic eForum last week. Markets currently do not reflect the value of nuclear power as a sustainable and reliable source of energy in the fight against climate change, he said.
- Source: World Nuclear News
- Date: Tuesday, 15 September 2020
- Original article: world-nuclear-news.org/Articles/Markets-lack-a-price-signal-for-nuclear-investment
The power sector supports the European Commission's goal of net-zero greenhouse gas emissions in the EU economy by 2050, the association of European electricity generators, Eurelectric, said. However, it has called for six "critical enablers" to be put in place to achieve this.
- Source: World Nuclear News
- Date: Tuesday, 24 September 2019
- Original article: world-nuclear-news.org/Articles/Eurelectric-calls-for-energy-transition-enablers
Delivering the deal negotiated with the European Union "remains the government's top priority", the UK’s Department for Business, Energy and Industrial Strategy (BEIS) said in an update on EU exit preparations on 11 January. "This has not changed. However, as a responsible government we are preparing for all scenarios and in December 2018 Cabinet agreed to accelerate the next phase of no deal planning," BEIS said.
- Source: World Nuclear News
- Date: Monday, 14 January 2019
- Original article: world-nuclear-news.org/Articles/UK-continues-to-prepare-for-Euratom-exit
Foratom, the European nuclear trade body, has today published a position paper on the European Commission's 'Clean Energy for All Europeans' package of measures for a clean energy transition. The organisation says the EU's aim to decarbonise the economy by more than 80% by 2050 cannot be achieved without nuclear power.
- Source: World Nuclear News
- Date: Tuesday, 18 April 2017
- Original article: world-nuclear-news.org/Articles/Nuclear-needed-for-Europe-s-clean-energy-transitio