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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
IAEA Director General Rafael Mariano Grossi and US Energy Secretary Jennifer Granholm closed the IAEA International Ministerial Conference on Nuclear Power in the 21st Century which ended in Washington DC on 28 October. Grossi made a global appeal to advance the benefits nuclear energy in face of a pessimistic new report on climate change and the ongoing energy crisis.
- Source: NEI Magazine
- Date: Tuesday, 01 November 2022
- Original article: neimagazine.com/news/newsiaea-international-ministerial-conference-concludes-in-washington-10133127
The IEA’s World Energy Investment report said global energy investment this year is projected to reach $2.4tn (€2.28tn), with the bulk going into renewables and grids.
However, almost half of the increase in capital spending is linked to higher costs due to supply chain pressures instead of bringing additional energy supply capacity or savings.
- Source: Nucnet
- Date: Friday, 24 June 2022
- Original article: nucnet.org/news/global-clean-energy-investment-beats-pre-pandemic-levels-but-growth-insufficient-to-meet-climate-goals-6-4-2022
Measures implemented this year could bring down gas imports from Russia by over one-third, with additional temporary options to deepen these cuts to well over half while still lowering emissions, the International Energy Agency (IEA) said in a 10-point plan released on 3 March.
- Source: NEI Magazine
- Date: Tuesday, 08 March 2022
- Original article: neimagazine.com/news/newsiea-publishes-10-point-plan-to-reduce-eu-reliance-on-russian-gas-9531567
The International Energy Agency (IEA) has set out a ten-point plan that could enable the European Union to reduce its imports of natural gas from Russia by more than one-third within a year, including maximising generation from existing low-emissions sources such as nuclear. Temporarily delaying the closure of EU reactors scheduled for shut-down over the next year could cut EU gas demand by almost 1 billion cubic metres per month.
- Source: World Nuclear News
- Date: Friday, 04 March 2022
- Original article: world-nuclear-news.org/Articles/Reconsider-nuclear-shutdowns-to-cut-gas-imports,-I
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
The International Energy Agency (IEA) in its latest World Energy Outlook (WEO), published on 13 October, says transition to a clean energy system is progressing too slowly for the world to reach net-zero emissions by 2050. However, the report provides analysis of how the world can still move towards a pathway that would have a good chance of limiting global warming to 1.5°C but sees no key role for nuclear power.
- Source: NEI Magazine
- Date: Friday, 15 October 2021
- Original article: neimagazine.com/news/newsiea-world-energy-outlook-intended-as-handbook-for-cop26-9156721